The local bourse recovered from a morning dive into the red to close up 0.8% as news came out that short positions in GameStop had been substantially reduced and start-of-month flows kicked in. - a podcast by ausbiz
from 2021-02-01T06:09:59
The local bourse recovered from a morning dive into the red to close up 0.8% as news came out that short positions in GameStop had been substantially reduced and start-of-month flows kicked in. Also contributing was positive housing finance data, both for owner-occupiers and investors, pointing to an expansion of credit growth, which pushed financials up 0.9%. Healthcare and the miners also had a good day with industrials, utilities and tech finishing in the red. Our top three VODs today are:
McCarthy: GameStop is not the start of a revolution
Three ways to play the silver trade
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