The S&P/ASX200 hit its first real obstacle since early February, the benchmark index dropping 1.9 per cent, or 134 points, retracing an April ascent to be back under the revered 7,000 mark.
Nothing could staunch the selling. EML bled out some 46 per cent to a near 10 year low - the Central Bank of Ireland flagging anti-money laundering and counter-terrorism financing compliance concerns at the Irish- subsidiary EML acquired late in 2019. A restructuring Appen was the standout performer, up 18.9% after promising shareholders a leaner, more AI-focused business.
The three VODs are:
Two acquisition stock buys to consider
The correction is here. What to buy to shield your portfolio | the trade
Why Milford is long CSL and Mirvac
Hosted on Acast. See acast.com/privacy for more information.
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By ausbizThe S&P/ASX200 hit its first real obstacle since early February, the benchmark index dropping 1.9 per cent, or 134 points, retracing an April ascent to be back under the revered 7,000 mark.
Nothing could staunch the selling. EML bled out some 46 per cent to a near 10 year low - the Central Bank of Ireland flagging anti-money laundering and counter-terrorism financing compliance concerns at the Irish- subsidiary EML acquired late in 2019. A restructuring Appen was the standout performer, up 18.9% after promising shareholders a leaner, more AI-focused business.
The three VODs are:
Two acquisition stock buys to consider
The correction is here. What to buy to shield your portfolio | the trade
Why Milford is long CSL and Mirvac
Hosted on Acast. See acast.com/privacy for more information.
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