It's just another manic M&A Monday - a podcast by ausbiz
from 2021-11-08T06:02:55
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The S&P/ASX200 closed down just five points Monday to 7,452, the index slipping on another M&A Monday as US futures weakened following a week of strong gains on Wall Street.
Tech stocks weighed, as did the healthcare names, driven lower by Polynovo (PNV) and Clinuvel Pharmaceuticals (CUV), down 9.4% and 9.3% respectively.
On the other side of the coin were the diggers and the travel stocks.
Flight Centre (FLT) and Webjet (WEB) up 5.6% and 4.5%, St Barbara (SBM) and Deterra Royalties (DRR) ahead 5.2% and 4.2%.
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