The COB from ausbiz

The ASX bounced back today with positivity returning after a couple of days of declines. The major index closed up 0.8% thanks to gains from CSL, the banks and a frothy iron ore price.


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The ASX bounced back today with positivity returning after a couple of days of declines. The major index closed up 0.8% thanks to gains from CSL, the banks and a frothy iron ore price. Energy and utilities were the only sectors to see declines. Brambles gained 2.4% after releasing its quarterly update (6% increase in revenue and reaffirmed guidance) but Michael Wayne from Medallion Financial believes its growth trajectory is "still somewhat questionable". Our top three VODs today are:

Having a Wright old laugh with these three tech stocks

Why Michael Wayne is "ignoring" Brambles

Three conviction buys from a fundie with 82% returns

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