Market loses energy ⚡ - a podcast by ausbiz

The local market fell alongside the rain today, with the ASX/S&P200 closed 58 points lower, or -0.8% The top of the ASX200 ladder was St Barbara, closing 9% higher. While the gold price nudged $2000oz, there were M&A whispers as well. At the bottom of a big heap was BlueScope, despite a broker upgrade, kept company by South32. Defying flat-yield-curve logic, financials closed higher. Healthcare closed to 2% as CSL rebounded over 3% after yesterday’s brief ex-dividend thump.

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