Paisa Vaisa is India's leading podcast on personal finance with 1m+ downloads, 130+ hours of content and conversations, 150+ guests, and 300+ episodes. Since 2017, Paisa Vaisa has interviewed experts across the spectrum of personal finance covering diverse topics such as mutual funds, stocks, housing, loans, education, crypto, and much more. Listen in now to make smarter decisions with your money!
Manage episode 332268262 series 2991632
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- ASX 200 falls 15 points to 6509 (0.2%) after a strong start peters out. Base metals and lithium shares walloped today with PLS down 2.8% and CXO down 15.4% with S32 off 1.7% and LYC down 4.3%. Iron ore miners held up with BHP up 0.2% and FMG up 0.2% with gold miners flat. Oil and gas better but oil prices falling in Asia so expect some falls in coming days. STO up 1.2%, WDS up 2.0% and coal stocks recovered after shock QLD coal tax. SMR up 11.5% with WHC slipping 1.7% lower. Banks were flat with the Big Bank Basket down to $157.92 (0.3). WBC the worst of the bunch down 0.9% with insurers off too, QBE down 0.3% and SUN falling 1.6%. MQG down too with a 1.0% loss. Healthcare mostly weaker except CSL rising 0.7%. Industrials lost ground as WES fell 0.7%, ALL off 3.4% and TCL falling 1.4%, REITS slipped lower again with GMG off 1.6%. Tech stock eased back 0.8% with CPU falling 3.0% as bond yields continue to moderate. XRO fell 0.7% with the All -Tech Index down slightly by 0.8%.
- In corporate news, HUM rattled by total board chaos falling 3.8%, SBM dropped hard by 18.4% on a Simberi operation review. CWN finally got its P’s with the Sydney Casino.
- In economic news, Westpac leading index for May down 0.06% to 98.05 vs prior 0.15% drop with 10 years at 4.0% Asian markets flat with HK down 1.8% the worst.
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