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ASX closes 0.1% lower as large miners drag

Tech succumbs to mining, ASX weaker, Tabcorp, Cochlear updates The S&P/ASX200 (ASX: XJO) weakened throughout the day ultimately finishing 0.1% lower with a resurgent technology sector (up 1.6%) unable to overcome a continued sell off in the mining (-1.4%) and energy sector. Annual meeting season is upon us with investor poring through announcements for more guidance into an increasingly uncertain economy. A2 Milk (ASX: A2M) and Zip…
The Inside Investor | 19th Oct 2021 | More
ASX up 0.3% to three-week high

ASX rallies on multiple mergers, Hub24 expands, Praemium delivers After the unexpected end of Victoria’s lockdown that only way was up for the market, with the S&P/ASX200 gaining 0.3% to start the week. Whilst not a large gain it hid a further divergence in cyclical versus defensive sectors with materials, energy, financials and utilities all up strongly, but healthcare, tech and real…
The Inside Investor | 18th Oct 2021 | More
    • ASX closes 0.7% higher, Qantas brings forward flights

    ASX breaks losing streak, mining firms, Treasury juiced, travel boost The S&P/ASX200 (ASX: XJO) managed to break a three-week losing streak to finish 0.6% higher over the five trading days. It was ultimately driven by a strong Friday session, the market up 0.7%, which benefitted from a strong start to the US earnings season but more importantly,…
    The Inside Investor | 17th Oct 2021 | More
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