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Marcus Today End of Day Report - Friday 13th August


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ASX 200 finished the week off in style rising 41 to 7629 (0.5%) despite a rise to a new record in NSW and more areas under lockdown. For the week the index rose around 90 points. Banks continue to drive the market as investors switch from CBA to the other three. The Big Bank Basket closed down at $187.42 as CBA fell 1.8%. Insurers were mixed. MQG out in a good day up 0.8%. Healthcare better led by CSL up 2.4% and RMD up 1.0%. Tech too in demand as APT rose 0.4% and XRO up 0.9%. The All-Tech Index up 0.6%. Industrials solid, results beckon. BBN lost its rattle falling 4.5%. SGR rose 4.8% as a potential winner from CWN losing its crown. 

Dow futures barely changed.

 

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