The S&P/ASX200 closed lower Wednesday, shedding 0.3% to finish at 7270.20 after the index casually hit fresh record highs in morning trade. Tech stocks were troubling, with Altium Ltd (ALU) and Wistech Global (WTC) the most troubled - down 7.5% and 4% respectively. Not all glum tidings. Brickworks jumped 11.3% on the expectation of record-high earnings and booming industrial property prices. And keep an eye on the surging coal markets that led Whitehaven 5.2% higher today. With the peak summer season coming, will China pop a cap on that asset?
Our top three VODs are:
Maqro Capital's three stocks for the reopening (and none are travel!)
The small-cap fund manager who is avoiding IPOs
Signing up to e-signature growth
Hosted on Acast. See acast.com/privacy for more information.
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By ausbizThe S&P/ASX200 closed lower Wednesday, shedding 0.3% to finish at 7270.20 after the index casually hit fresh record highs in morning trade. Tech stocks were troubling, with Altium Ltd (ALU) and Wistech Global (WTC) the most troubled - down 7.5% and 4% respectively. Not all glum tidings. Brickworks jumped 11.3% on the expectation of record-high earnings and booming industrial property prices. And keep an eye on the surging coal markets that led Whitehaven 5.2% higher today. With the peak summer season coming, will China pop a cap on that asset?
Our top three VODs are:
Maqro Capital's three stocks for the reopening (and none are travel!)
The small-cap fund manager who is avoiding IPOs
Signing up to e-signature growth
Hosted on Acast. See acast.com/privacy for more information.
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