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The COB from ausbiz
The S&P/ASX200 closed higher on Monday, gaining 42 points or 0.6% to 7,384
The S&P/ASX200 closed higher on Monday, gaining 42 points or 0.6% to 7,384. The gains follow mixed leads, rising oil prices, persistent fears over China's Evergrande debacle and a little optimism over local reopening plans. So the travel names released their inner kraken - Flight Centre (FLT) spiking 7.3% Helloworld up 4.1% and Webjet climbing 5.4%. The energy sector up 11% this month already, climbed a little bit more with Woodside Petroleum (WPL) and Beach Energy (BPT) up 3.2% and 4.2% respectively. Taking the yellow cake on Monday, Paladin (PDN) the uranium digger sold down 7.8% after investors piled in on Friday, when Canaccord Genuity raised its PDN target price by 70%. 'Til Tuesday.
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