Spill in aisle 12 🍏 - a podcast by ausbiz

The local bourse opened lower following the soggy lead from the US, but local investors weren’t as convinced of the negative Omicron news, and slowly bought over the afternoon to close all but unchanged. Some of the top performers were boosted by upbeat news out of the US - looking at you Polynovo and Nearmap - up nearly 16% and over 5% respectively. In corporate news, Afterpay shareholders voted in favour of the Block merger, CSL was in a trading halt ahead of a capital raise for the Vifor deal, and Woolworths issued a first half profit warning as consumers preferred restaurants over grocery shopping. The bottom of the ASX200 ladder reflected bad news: Mesoblast lost a key contract and 17.5% off its share price, and Woolworths closed down nearly 8%. As the memory of the soggy US session faded, the market clawed back to finish flat. 

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