End of Day – Mon 18 Oct

14:42
 
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Manage episode 304845572 series 2991632
Player FM과 저희 커뮤니티의 Marcus Today 콘텐츠는 모두 원 저작자에게 속하며 Player FM이 아닌 작가가 저작권을 갖습니다. 오디오는 해당 서버에서 직접 스트리밍 됩니다. 구독 버튼을 눌러 Player FM에서 업데이트 현황을 확인하세요. 혹은 다른 팟캐스트 앱에서 URL을 불러오세요.
  • The ASX 200 gave up early gains to close up 19 points at 7381. NZ CPI data saw 10-year yields spike higher and Chinese GDP miss both weighing on investors’ minds. Banks did well in this environment with CBA up 1.6% and the Big Bank Basket up to $186.55 %. MQG put on 0.5% after a broker upgrade and insurers also did ok, QBE up 1.0%. REITS though under pressure on the rate rise, SYD fell 0.4% on an update on bid and TCL flat on bond push. Healthcare stocks under pressure, CSL down 1.1% and RMD down 0.9%. Industrials under a little pressure, ALL suspended as it raises funds for a large UK acquisition.
  • Resources were the place to be. BHP rose 0.9%, FMG up 1.0% but base metals doing very well, OZL up 4.6% and SFR rising 0.5% on higher commodity prices. Oil prices continue to head higher and a bid for SXY from POSCO saw some rerating in the sector. STO up 1.4%, WPL up 0.3%.
  • Tech stocks under pressure on the yield increase, APT down 1.4% and Z1P updated the market falling 1.5%. The All-Tech Index dropped 1.4%. Travel stocks slightly positive as the economy remains on track to reopen despite high numbers still in Victoria.
  • In corporate news, SLC rose 22.2% after the sale of some of its Singaporean assets, CL1 up 61.3% on a bid from HUB -0.9%. In economic news, NZ CPI hit 4.9% annually and Chinese GDP dropped to 4.9% too.


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