The Market Wrap with Evan Luca, Independent Analyst

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9h ago 9:29

MP3•Episodio en casa

The stimulus that many thought would come from China hasn’t appeared, sending global markets backwards today.

MARKET WRAP:

ASX200: down 0.35% to 8,176
GOLD: $2,655 US/oz
BITCOIN: $93,739 AUD

CSL had a healthy day up just under 1 ½ per cent to $292.52, with Cochlear nearby, closing up by 0.6% to $293.43
After a turbulent few weeks in the aviation space Qantas closed up 1% to to $7.13
Macquarie Bank is likely to benefit from US rate cuts supporting confidence in global M & A activity shares up to $229.58
And West African resources bounced back after falling 20% yesterday to close up 7% to $1.44
Iron ore futures backwards to $US 107 a tonne, hampering our local miners
Aristocrat Leisure stocks were sold off late in the day, down to $57.74

CURRENCY UPDATE:

AUD/USD: 67.27 US cents
AUD/GBP: 51.4 pence
AUD/EUR: 61 Euro cents
AUD/JPY: 99 Japanese yen
AUD/NZD: 1.09 NZ dollars

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