Consumer discretionary and healthcare led the gains on a day of trade that continued the reflation theme but in a less rational, more abstract manner. - a podcast by ausbiz
from 2021-03-22T05:57:20
Consumer discretionary and healthcare led the gains on a day of trade that continued the reflation theme but in a less rational, more abstract manner. If the trading day were a price of art it'd have been a wet, relatively cheap Jackson Pollock. The ASX 200 closed up 0.7%. The iron ore miners were under pressure after a steep fall in Dalian futures - Fortescue in particular making a right meal of things. Insurers were also struggling and if you're on the east coast, just look outside and you'll know why. Our top three VODs today are:
Valuations of high growth, high P/E fintechs won't bounce back quickly, says Mathan
What the charts say; these four stocks are a buy | the trade
Bapcor revs up its Asia prospects.
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