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ASX 200 gives up gains to close up a mere 3 points to 7029 after a strong performance from the banks as WBC rose 5% on better cash earnings and a cost out program of $8bn cheered plus a all-important 58c dividend. Big miners in the red as Asia closes for May Holidays. BHP lost 1.4%. In economic news, house prices are cooling slightly and Job ads better again. RBA tomorrow.
CLICK HERE to sign up for a free trial of the Marcus Today newsletter including our daily STRATEGY PODCAST.
ASX 200 gives up gains to close up a mere 3 points to 7029 after a strong performance from the banks as WBC rose 5% on better cash earnings and a cost out program of $8bn cheered plus a all-important 58c dividend. Big miners in the red as Asia closes for May Holidays. BHP lost 1.4%. In economic news, house prices are cooling slightly and Job ads better again. RBA tomorrow.
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