Player FM ऐप के साथ ऑफ़लाइन जाएं!
End of Day Report – Thursday 1 August: ASX 200 up 22- Record - Banks Ease- Banks weaker as Resources find Friends - BOE tonight
Manage episode 431759257 series 2991632
ASX 200 rallies only 22 points to 8115 (+0.3%) as good times roll. Record high. A slight sell-off in the banks with a tentative rotation to resources. BHP up 0.5% and RIO doing much better up 1.9%. FMG underwhelmed, although up another 0.6%. Gold miners better but still no real frenzy, NST up 0.9% and NEM up 2.0%. Uranium and lithium tried to rally but it was muted. PDN up a modest 2.2%. PLS up 4.4% as Albemarle announced closures to Australian production. Oil and gas slightly firmer, WDS up 1.5% and KAR doing well, up 3.8%. Banks slid a little. CBA down 0.9% and ANZ up 0.7%, as some catch-up required! MQG rose 0.7%, with insurers under a little pressure as 10Y yields fell to 4.08%. REITs racing ahead, GMG up 3.8% and GPT up 0.7%. Tech better, WTC up 1.4% and XRO pushing 1.5% ahead. Staples doing well, WOW up 1.0%, with ALL up 0.2%. In corporate news, PSQ got a knockout bid at 205c, BVS rose 2.2% on a return of capital and DRO returned to trade, promptly falling to close to the issue price, down 14.8%. On the economic front, Balance of Payments came in below expectations, increasing $537m in June. Asian markets are weaker despite US futures firming. Japan down 3.2%, China flat and HK +0.2%. Dow Futures up 0.2% and NASDAQ Futures up 0.7%.
Why not sign up for a free trial? Get access to expert market insights and manage your investments with confidence.
Ready to invest in yourself? Join the Marcus Today community.
1522 एपिसोडस
Manage episode 431759257 series 2991632
ASX 200 rallies only 22 points to 8115 (+0.3%) as good times roll. Record high. A slight sell-off in the banks with a tentative rotation to resources. BHP up 0.5% and RIO doing much better up 1.9%. FMG underwhelmed, although up another 0.6%. Gold miners better but still no real frenzy, NST up 0.9% and NEM up 2.0%. Uranium and lithium tried to rally but it was muted. PDN up a modest 2.2%. PLS up 4.4% as Albemarle announced closures to Australian production. Oil and gas slightly firmer, WDS up 1.5% and KAR doing well, up 3.8%. Banks slid a little. CBA down 0.9% and ANZ up 0.7%, as some catch-up required! MQG rose 0.7%, with insurers under a little pressure as 10Y yields fell to 4.08%. REITs racing ahead, GMG up 3.8% and GPT up 0.7%. Tech better, WTC up 1.4% and XRO pushing 1.5% ahead. Staples doing well, WOW up 1.0%, with ALL up 0.2%. In corporate news, PSQ got a knockout bid at 205c, BVS rose 2.2% on a return of capital and DRO returned to trade, promptly falling to close to the issue price, down 14.8%. On the economic front, Balance of Payments came in below expectations, increasing $537m in June. Asian markets are weaker despite US futures firming. Japan down 3.2%, China flat and HK +0.2%. Dow Futures up 0.2% and NASDAQ Futures up 0.7%.
Why not sign up for a free trial? Get access to expert market insights and manage your investments with confidence.
Ready to invest in yourself? Join the Marcus Today community.
1522 एपिसोडस
सभी एपिसोड
×प्लेयर एफएम में आपका स्वागत है!
प्लेयर एफएम वेब को स्कैन कर रहा है उच्च गुणवत्ता वाले पॉडकास्ट आप के आनंद लेंने के लिए अभी। यह सबसे अच्छा पॉडकास्ट एप्प है और यह Android, iPhone और वेब पर काम करता है। उपकरणों में सदस्यता को सिंक करने के लिए साइनअप करें।