Travelling into the green 🌎 - a podcast by ausbiz

from 2022-02-08T06:06:40

:: ::

Another deluge of largely well-received company updates, plus another bump in travel stocks equated to a decent trading session. Some short squeezing likely helped Webjet and Flight Centre achieve its 7-8% top of the ladder outperformance. Macquarie (4%) and Suncorp (6%) also landed in the hotly contested top 10, while Magellan found some dip-buyers and closed up over 7%. The financials overall added 1.6% to the bottom line ahead of CBA’s drop tomorrow. Miners topped the index ladder, adding 2.3% thanks to surging commodity prices, but will it last. Continuing the climb from the late January low, the S&P/ASX200 closed up 76 points or 1.1%.


Our top three VODs:

Ords' take on three company updates

Inflation leading to high blood pressure? Try Tim's healthcare stock

Optimism alone doesn't explain the rally in travel stocks



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

Further episodes of The COB from ausbiz

Further podcasts by ausbiz

Website of ausbiz