The COB from ausbiz

The local market closed out the day down 0.6% to record its worst week since October. Financials and miners weighed while retail, healthcare and industrials finished in the green.


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What a week it was. Was it Wall St taking on Main St or vice versa? Was it market manipulation? Whatever you want to call it, US regulators will need to take a good hard look at the events of this week in order to maintain market integrity. The local market closed out the day down 0.6% to record its worst week since October. Financials and miners weighed while retail, healthcare and industrials finished in the green. Our Friday afternoon chat session, The Last Call, returned this afternoon with a host of expert market analysts and Wallaby legend Rod Kafer dropping by as well. Our top three VODs today are:

Mining services is the sector to watch for reporting season outperformance

Resmed CEO: We are preparing for a world driven by cloud-based and digital health

Iron ore is an exhausted story, try Qantas


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