The S&P/ASX200 fell away on low volume trading Tuesday, dropping 34 points or 0.5% to a new 20 day low - a podcast by ausbiz

The S&P/ASX200 fell away on low volume trading Tuesday, dropping 34 points or 0.5% to a new 20 day low. On the positive side, the market shrugged off an awful US lead, Delta-depression and an OPEC-inspired decline in crude prices. At opposite ends of the index, Santos (-5%) and takeover target Oil Search (+6.8%) going insta-official after revealing talk of a potential $22 billion merger of convenience. The energy sector as a whole fell 1.7%, healthcare rose 0.9%.

Our top three VODs today:

Ord Minnett's top 5 ASX buy-back candidates

A Santos - Oil Search merger makes "perfect sense"

Finding quality growth stocks amid volatility

---

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

Further episodes of The COB from ausbiz

Further podcasts by ausbiz

Website of ausbiz