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The risk, reward and the pump
Manage episode 307254973 series 2805627
Content provided by ausbiz. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by ausbiz or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Things went from bad to worse today, with the local market finishing the Tuesday session -0.67% at 7420. Let's start with the sin bin, Mesoblast gave up much of yesterday's gains closing down +8.2% by the end of the session. But it was the materials sector that proved the biggest weight overall, down 1.7% with Iluka the biggest loser after presenting at a mineral sands conference. Here's Shaw and Partners Martin Crabb with a view on why this market may limp to the end of the year. On the bright side, Chalice Mining ended up 3.7%, Virgin Money finished 2.6% and NextDC was up 1.8%.
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Manage episode 307254973 series 2805627
Content provided by ausbiz. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by ausbiz or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Things went from bad to worse today, with the local market finishing the Tuesday session -0.67% at 7420. Let's start with the sin bin, Mesoblast gave up much of yesterday's gains closing down +8.2% by the end of the session. But it was the materials sector that proved the biggest weight overall, down 1.7% with Iluka the biggest loser after presenting at a mineral sands conference. Here's Shaw and Partners Martin Crabb with a view on why this market may limp to the end of the year. On the bright side, Chalice Mining ended up 3.7%, Virgin Money finished 2.6% and NextDC was up 1.8%.
…
continue reading
Hosted on Acast. See acast.com/privacy for more information.
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Similar to The COB from ausbiz
The economy and the markets are "under surveillance" as we cover the latest in finance, economics and investment. Listen to Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern for the top interviews from Bloomberg Surveillance Television. And join Tom Keene and Paul Sweeney for the best conversations from Bloomberg Surveillance Radio. Watch Surveillance TV LIVE each mornings: http://bit.ly/3P7nstQ. Watch Surveillance Radio LIVE weekday mornings: http://bit.ly/3vTiACF.
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