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This arvo saw a shiny new S&P/ASX 200 record, the index lifting 92 points, or 1.3%, to 7172.8, trouncing the 7162.5 from February 20, last year...
This arvo saw a shiny new S&P/ASX 200 record, the index lifting 92 points, or 1.3%, to 7172.8, trouncing the 7162.5 from February 20, last year. Iron Ore wasn't the only commodity in the complex to rally, but between Fortescue Metals Group's 7.9% and Champion Iron's 5.4%, the rest of the materials sector just didn't seem to be putting in an effort. The big non-starter on a day of big winners - a2 Milk - the infant formula maker cutting full-year guidance for the fourth time since September. If that was part of a cunning plan to acclimate shareholders to the onslaught of pandemic-related disappointment... it has not worked:
A2M shares 13.14% lower on Monday. A busy news-day Tuesday is next. Grab a ticket, buy some popcorn.
Our top three VODs are:
Berkshire bringing this fundie bang for his buck
SNL wobbles confirm why BTC doesn't offer dogecoin
Capitalising on commodities
Hosted on Acast. See acast.com/privacy for more information.
View all episodes
By ausbizThis arvo saw a shiny new S&P/ASX 200 record, the index lifting 92 points, or 1.3%, to 7172.8, trouncing the 7162.5 from February 20, last year. Iron Ore wasn't the only commodity in the complex to rally, but between Fortescue Metals Group's 7.9% and Champion Iron's 5.4%, the rest of the materials sector just didn't seem to be putting in an effort. The big non-starter on a day of big winners - a2 Milk - the infant formula maker cutting full-year guidance for the fourth time since September. If that was part of a cunning plan to acclimate shareholders to the onslaught of pandemic-related disappointment... it has not worked:
A2M shares 13.14% lower on Monday. A busy news-day Tuesday is next. Grab a ticket, buy some popcorn.
Our top three VODs are:
Berkshire bringing this fundie bang for his buck
SNL wobbles confirm why BTC doesn't offer dogecoin
Capitalising on commodities
Hosted on Acast. See acast.com/privacy for more information.
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