The S&P/ASX200 closed lower Thursday, dropping 41 points or 0.5% to 7,491, ending a hat-trick of gains and crossing back below its 20-day moving average. - a podcast by ausbiz

The S&P/ASX200 closed lower Thursday, dropping 41 points or 0.5% to 7,491, ending a hat-trick of gains and crossing back below its 20-day moving average. Another massive day of reports, but among them all, consider this - Qantas posted a $2.4 billion loss for the 2021 financial year... yet still a beat on last year's $2.7 billion catastrophe. Kyle Mcintyre from Firetrail unpacks that one below. Appen (APX) and Link (LNK) came unstrung today, down 20.4% and 12.6% respectively. Special mention to A2 Milk (A2M) down 12% as fickle Chinese regulators and a global pandemic took about 80% off the top of full year profits. At the top end of town, Blackmores (BKL) up 14.9%. Friday. Rob Scott day. I'm excited.

Our top three VODs:

Blackmores seeing more black on the bottom line

Qantas a leaner, meaner machine post-pandemic: Macintyre

Insurers are hot, iron ore miners are not; Sean Fenton's reporting season wrap

---

See acast.com/privacy for privacy and opt-out information.

Further episodes of The COB from ausbiz

Further podcasts by ausbiz

Website of ausbiz