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The S&P/ASX closed higher, Monday, gaining 22 points or 0.2% to 7,505. The materials sector carried a choppy index over the line, Fortescue Metals' (FMG) up 6.7%, more than doubling last years' profit. And that monstrous final dividen... we'll have to start calling Twiggy, Branchy, very soon. Other winners outside the materials sector, Invocare (IVC) and Polynovo (PNV) - both up around 8%. In the naughty corner, Altium (ALU) crashing 14%. Then there's Nuix, dropping a further 10.3%... possibly because of its befuddling reporting methods, or its failure to deliver on the pre-IPO big talk. Was it the ASIC raids? Or was it the complete lack of forward guidance, or hey, remember those two profit downgrades in four weeks at the end April...? Pick one.
Our top three VODs:
All hail the new king: why this analyst prefers Wisetech over Afterpay
Morgans' tips for ASX traders who buy the dip
Three travel stocks ready to take flight | the trade
Hosted on Acast. See acast.com/privacy for more information.
The S&P/ASX closed higher, Monday, gaining 22 points or 0.2% to 7,505. The materials sector carried a choppy index over the line, Fortescue Metals' (FMG) up 6.7%, more than doubling last years' profit. And that monstrous final dividen... we'll have to start calling Twiggy, Branchy, very soon. Other winners outside the materials sector, Invocare (IVC) and Polynovo (PNV) - both up around 8%. In the naughty corner, Altium (ALU) crashing 14%. Then there's Nuix, dropping a further 10.3%... possibly because of its befuddling reporting methods, or its failure to deliver on the pre-IPO big talk. Was it the ASIC raids? Or was it the complete lack of forward guidance, or hey, remember those two profit downgrades in four weeks at the end April...? Pick one.
Our top three VODs:
All hail the new king: why this analyst prefers Wisetech over Afterpay
Morgans' tips for ASX traders who buy the dip
Three travel stocks ready to take flight | the trade
Hosted on Acast. See acast.com/privacy for more information.
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