The COB from ausbiz

The S&P/ASX200 closed up Tuesday, gaining 12 points or 0.2% to 7,437 after tailwinds drove the market higher on light trading volumes.


Listen Later

The S&P/ASX200 closed up Tuesday, gaining 12 points or 0.2% to 7,437 after tailwinds drove the market higher on light trading volumes. Wall Street ended mixed, the NASDAQ lower. Oil hit six-week highs and iron ore ten-month lows. That scenario largely played here in the morning session as tech stocks tanked, and the energy names collected. RBA Governor Phillip Lowe spoke at lunchtime, on "Delta, the Economy and Monetary Policy", but really about how rates won't rise until 2024. From there the market picked up, the Real Estate sector coming home with a wet sail, Scentre Group (SCG) climbing 3.2%. The top performers today were Beach Energy (BPT) and Chalice Mining (CHN) up 7.5% and 6.55% respectively. Retrospectively, Brambles (BXB) perhaps should not have given any guidance today, at a time when no one else is, down 8.8%.


Our top three VODs:

An update on Heath's "high risk" uranium stock calls

Your guide to investable Australian semiconductor companies: Kennis

Mathan is hitting the gym, having a drink and not doing his banking in this buy hold sell

Hosted on Acast. See acast.com/privacy for more information.

...more
View all episodesView all episodes
Download on the App Store

The COB from ausbizBy ausbiz


More shows like The COB from ausbiz

View all
CommSec Market Update by CommSec

CommSec Market Update

9 Listeners

Motley Fool Money by LiSTNR

Motley Fool Money

94 Listeners

NAB Morning Call by Phil Dobbie

NAB Morning Call

14 Listeners

The Money Puzzle by The Australian

The Money Puzzle

47 Listeners

Equity Mates Investing Podcast by Equity Mates Media

Equity Mates Investing Podcast

63 Listeners

The Rules of Investing by Livewire Markets

The Rules of Investing

13 Listeners

Your Wealth by NAB

Your Wealth

8 Listeners

Australian Investors Podcast by Rask

Australian Investors Podcast

17 Listeners

Buy Hold Sell, by Livewire Markets by Livewire Markets

Buy Hold Sell, by Livewire Markets

3 Listeners

The Call from ausbiz by ausbiz

The Call from ausbiz

7 Listeners

FEAR & GREED | Business News by Fear and Greed

FEAR & GREED | Business News

10 Listeners

Investing Compass by Morningstar Australia

Investing Compass

26 Listeners

The Money Café with Alan Kohler by Intelligent Investor

The Money Café with Alan Kohler

37 Listeners

Chanticleer by Australian Financial Review

Chanticleer

18 Listeners

5 in 5 with ANZ by ANZ

5 in 5 with ANZ

4 Listeners