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The COB from ausbiz
starting strong, finishing stronger đź’Ş
Season 3, Ep. 45
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Another day and another choppy trading session, continuing what was a largely upbeat, but volatile week. Today, resources and energy were on investors’ shopping list. Strange bedfellows Block, Imugene and Paladin were at the top of the ladder, closing at least 7% higher on the day, but the thematic was outperformance across miners and energy stocks. In contrast, Megaport sat at the bottom of the ladder all day, and closed down nearly 8%. Other laggards such as Star and Eagers Automotive were company specific with no strong theme. Overall, the S&P/ASX200 added 30 points or 0.4%, capping a solid week of gains, the strongest week in over a year.
Our top three VODs of the day:
Sage Capital’s two stocks for two uncertain themes
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