All aboard the gravy train 🚂 - a podcast by ausbiz

A rebound in still-negative US markets sparked a cautiously positive tone in the local market. Then some idle cash was put to work over the afternoon, the market closing higher, and most sectors joined in. Today's leaders were a mixed bag: Sandfire popped on a broker declaring it a buy; Paladin in the ASX200 saw it close over 5% higher; Nanosonics continued its choppy vibe, closing up nearly 8%. At the other end, Pilbara Minerals smashed by 9% on a negative trading update. Afterpay may have closed only 1% lower, but reached a 52-week low in the process. Magellan was belted by the big backer news and followed up by broker downgrades, while some investors bought the dip, it still closed down 1%. And so with a bottom-left top right trading day in the bag, the ASX200 closed up 63 points or 0.9%.

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