The market closed at another record high. That makes it seven days in a row. Relentless. The S&P/ASX 200 rose 0.05%, helped by a late flurry of buying. The Chi-X 200 eased 0.07%. It was telecommunications’ turn to lead the push higher, driven by a 3.4% surge in Telstra shares following its full year results. The broader sector added 2.3%. Consumer staples, consumer discretionary, energy and industrials also added more than 0.5%, helping to offset weakness in tech, utilities and healthcare. Like Telstra, Graincorp, QBE and Downer EDI shares also outperformed on the back of their results. Graincorp topped the pops, jumping 11.2%. AGL didn’t fare quite so well, slumping 4.9%. Earnings season continues tomorrow with Baby Bunting and 3P Learning stepping up to the plate.
Our top three VODs today:
T22 and beyond; Telstra on track for future growth
Cyclicals are back and Kyle is buying!
Winchester's winners this reporting season
Hosted on Acast. See acast.com/privacy for more information.
View all episodes
By ausbizThe market closed at another record high. That makes it seven days in a row. Relentless. The S&P/ASX 200 rose 0.05%, helped by a late flurry of buying. The Chi-X 200 eased 0.07%. It was telecommunications’ turn to lead the push higher, driven by a 3.4% surge in Telstra shares following its full year results. The broader sector added 2.3%. Consumer staples, consumer discretionary, energy and industrials also added more than 0.5%, helping to offset weakness in tech, utilities and healthcare. Like Telstra, Graincorp, QBE and Downer EDI shares also outperformed on the back of their results. Graincorp topped the pops, jumping 11.2%. AGL didn’t fare quite so well, slumping 4.9%. Earnings season continues tomorrow with Baby Bunting and 3P Learning stepping up to the plate.
Our top three VODs today:
T22 and beyond; Telstra on track for future growth
Cyclicals are back and Kyle is buying!
Winchester's winners this reporting season
Hosted on Acast. See acast.com/privacy for more information.
9 Listeners
94 Listeners
14 Listeners
47 Listeners
63 Listeners
13 Listeners
8 Listeners
17 Listeners
3 Listeners
7 Listeners
10 Listeners
26 Listeners
37 Listeners
18 Listeners
4 Listeners