BNPLs take a major hit. Stock of the day is MHJ... - a podcast by ausbiz

from 2020-07-16T07:00

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The local market reversed some of yesterday's gains, with mixed data coming through. Chinese economic data was relatively upbeat (except for retail sales) while the ABS reported a 22-year high unemployment rate of 7.4% for June. Banks and iron ore miners led the losses with the tech sector down 1.2%. BNPLs took a major hit - Z1P down 10%, SZL down 7% and APT down 1%.Our top three VODs today are:

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