使用Player FM应用程序离线!
End of Day Report – Tuesday 27 Feb: COL results cheer, plenty of disappointments too
Manage episode 403415421 series 2991632
ASX rose a modest 10 points to 7663 (+0.1%). Off early lows. Results the focal point again. Once again, the banks doing the heavy lifting with the Big Bank Basket up to $205.96 (+0.8%). CBA leading the charge up 1.0%. MQG up 0.8% and GQG up 1.4%. While NAB, WBC and ANZ hit 52-week highs. Insurers slid, with QBE up 0.4% and SUN down 1.9%. REITs falling, GMG down 0.6% and SGP off 1.1%, with MGR down 1.8%. Industrials going well, WES up 0.7% and WOW up 0.9% with COL shooting the lights out on results, up 5.5%. Telcos down led by TPG on broker reaction falling 4.3%. In resources, iron ore stocks shrugged off weaker prices, BHP up 0.2% and RIO up 0.5%. Lithium stocks mixed, IGO up 1.2% and MIN up 0.9%. Uranium pushed ahead with PDN getting some positive broker comments. Gold miners fell, with NST down 0.9% and NEM off 3.8%. Oil and gas mixed, WDS up 0.9% on results. In corporate news, CSR announced a binding agreement with the French up 5.0%, good results from REH, GEM and HLI, but the market didn’t like JLG crashing 13.2% and TYR giving back recent gains despite better results, falling 10.0%. ZIP had a volatile day spurting ahead before a rethink, closing down 14.4%. PNV swung to a profit though falling 1.7%, and ABC announced the nod to CRH’s bid. Nothing on the economic front. Japanese CPI only thing of note. Asian markets mixed, Japan flat. China up 0.5%, and HK down 0.4%. 10Y yields slightly higher at 4.15%. Dow Futures down 19 points. NASDAQ Futures down 25 points.
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.
1330集单集
Manage episode 403415421 series 2991632
ASX rose a modest 10 points to 7663 (+0.1%). Off early lows. Results the focal point again. Once again, the banks doing the heavy lifting with the Big Bank Basket up to $205.96 (+0.8%). CBA leading the charge up 1.0%. MQG up 0.8% and GQG up 1.4%. While NAB, WBC and ANZ hit 52-week highs. Insurers slid, with QBE up 0.4% and SUN down 1.9%. REITs falling, GMG down 0.6% and SGP off 1.1%, with MGR down 1.8%. Industrials going well, WES up 0.7% and WOW up 0.9% with COL shooting the lights out on results, up 5.5%. Telcos down led by TPG on broker reaction falling 4.3%. In resources, iron ore stocks shrugged off weaker prices, BHP up 0.2% and RIO up 0.5%. Lithium stocks mixed, IGO up 1.2% and MIN up 0.9%. Uranium pushed ahead with PDN getting some positive broker comments. Gold miners fell, with NST down 0.9% and NEM off 3.8%. Oil and gas mixed, WDS up 0.9% on results. In corporate news, CSR announced a binding agreement with the French up 5.0%, good results from REH, GEM and HLI, but the market didn’t like JLG crashing 13.2% and TYR giving back recent gains despite better results, falling 10.0%. ZIP had a volatile day spurting ahead before a rethink, closing down 14.4%. PNV swung to a profit though falling 1.7%, and ABC announced the nod to CRH’s bid. Nothing on the economic front. Japanese CPI only thing of note. Asian markets mixed, Japan flat. China up 0.5%, and HK down 0.4%. 10Y yields slightly higher at 4.15%. Dow Futures down 19 points. NASDAQ Futures down 25 points.
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.
1330集单集
所有剧集
×欢迎使用Player FM
Player FM正在网上搜索高质量的播客,以便您现在享受。它是最好的播客应用程序,适用于安卓、iPhone和网络。注册以跨设备同步订阅。