Podcast Archive
Podcast Archive
End of Day – Tue 21 Sep
September 21, 2021
•
Marcus Today
The ASX200 dropped and bounced closing up 26 points at 7274 (0.4%) as worries about contagion waned. Dow futures helping the cause up around 220 points.
RBA minutes showed lower for longer. Despite commodity falls buyers streamed back in with iron ore miners even doing well, BHP up 0.6% and FMG up 0.3%. Second liners also prospered GRR up 3.3% and MGX rising 6.2%. Gold miners were in the green zone today with bullion higher, NCM up 0.8% and NST up 1.0%. BGL had a very good day rising 6.4%. Oil and gas also better led by STO up 1.1% and WPL rallying 1.7%. Healthcare firmed, CSL and RMD leading,
Industrials were mixed with WES firmer by 0.9% and REA up 2.4%. Tech better as the All-Tech Index up 0.8%. APT rose 0.9% and WTC continuing to bound ahead by another 5.1%. Banks were sloppy with the Big Bank Basket down to $179.78.
In corporate news, APA upped the ante for AST with a 260c cash and scrip bid, AST rose 9.8%. MLT is all over as the scheme is now legal and KMD eased back 1.4% after a slight warning on 1HFY22 earnings.
On the economic front, RBA minutes showed lower for longer for record low rates and ANZ-Roy Morgan Consumer Confidence blip higher.
Win up to $3000 by picking the best performing stock on the ASX. Submit your entry for the One Stock Portfolio Competition today.
RBA minutes showed lower for longer. Despite commodity falls buyers streamed back in with iron ore miners even doing well, BHP up 0.6% and FMG up 0.3%. Second liners also prospered GRR up 3.3% and MGX rising 6.2%. Gold miners were in the green zone today with bullion higher, NCM up 0.8% and NST up 1.0%. BGL had a very good day rising 6.4%. Oil and gas also better led by STO up 1.1% and WPL rallying 1.7%. Healthcare firmed, CSL and RMD leading,
Industrials were mixed with WES firmer by 0.9% and REA up 2.4%. Tech better as the All-Tech Index up 0.8%. APT rose 0.9% and WTC continuing to bound ahead by another 5.1%. Banks were sloppy with the Big Bank Basket down to $179.78.
In corporate news, APA upped the ante for AST with a 260c cash and scrip bid, AST rose 9.8%. MLT is all over as the scheme is now legal and KMD eased back 1.4% after a slight warning on 1HFY22 earnings.
On the economic front, RBA minutes showed lower for longer for record low rates and ANZ-Roy Morgan Consumer Confidence blip higher.
Win up to $3000 by picking the best performing stock on the ASX. Submit your entry for the One Stock Portfolio Competition today.