After a strong lead in from Wall St, the major index started the day in the green before a slide began mid-morning, that ultimately saw it close down 0.36%. - a podcast by ausbiz

from 2021-03-29T06:11:18

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After a strong lead in from Wall St, the major index started the day in the green before a slide began mid-morning, that ultimately saw it close down 0.36%. Industrials and materials were the only sectors to finish in positive territory with tech, communications leading the losers. Consumer discretionary was also down heavily after Morgan Stanley said it had become more wary about the sector. In late breaking news, Credit Suisse said it sees a 'highly significant' material impact in Q1 from US-based hedge fund losses. It is in the process of exiting positions after failing to meet margin calls. Our top three VODs today are:

Buy, buy and buy with Julia Lee

Drink up! Why Niv thinks Treasury Wine Estates is a buying opportunity

Amazon to cannibalise the retail sector



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