The S&P/ASX200 closed lower Thursday, dropping 38 points or 0.5% to 7,465, crossing below its 20-day moving average and the first run of four consecutive losses for this index since last year. - a podcast by ausbiz
from 2021-08-19T07:10:31
The S&P/ASX200 closed lower Thursday, dropping 38 points or 0.5% to 7,465, crossing below its 20-day moving average and the first run of four consecutive losses for this index since last year. The bottom performing stocks were Codan (CDA) and - again - Sims Ltd (SGM), down 8% and 7.3%, while a resurgent Redbubble (RBL) topped the charts with an 18.9% leap on solid full year results. Materials. Whacked as iron futures slumped. Fortescue (FMG), Rio Tinto (RIO) and BHP all down between 5.7% and 6.3%. But wait till early next month when BHP goes ex-dividend - the FY21 record payout represents about 10% of the miner's current share value. So... September 2nd. Some math may be required.
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