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The COB from ausbiz
St Patrick's Day luck o' the tech ☘️
No nasty surprises from the Fed signalled a green light to buy up … the BNPL space apparently, led by giant leaps in Block and Zip. The top sectors were industrials followed by tech. There wasn't a discernible theme to the top ten stocks, aside from all boats floated on the global wave of St Patrick’s green. The laggards were peppered with recently-loved coal, gold and wheat. Graincorp slumped 2.8% and Gold Road was down 3.6%. The Aussie jobs report was the blockbuster we needed. Unemployment rates reached a 14 year low of 4%. So why is the RBA still MIA? Overall, the S&P/ASX200 added 82 points or 1.1%, with small and mid-caps outperforming the big ticket names.
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