15 min
End of Day Report – Thursday 9 May: Banks and Retail Tumble on Weaker Numbers Market Updates
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- Investering
ASX 200 retreats significantly as bank weakness, retail woes and commodity issues pushed us down 83 points to 7722 (1.1%). CBA fell 2.2% on quarterly update, WBC crashed on ex-dividend down 5.6% with the Big Bank Basket down to $205.72 (-2.4%). MQG was a patch of green with REITs off too, GMG falling 1.67%, MGR falling 1.0%. Insurers steady QBE up 0.6% and SUN better as yields rallied to 4.35%. Flight to safety. Healthcare under pressure, CSL down 1.0% with RMD falling 2.3% and tech off as WT...
ASX 200 retreats significantly as bank weakness, retail woes and commodity issues pushed us down 83 points to 7722 (1.1%). CBA fell 2.2% on quarterly update, WBC crashed on ex-dividend down 5.6% with the Big Bank Basket down to $205.72 (-2.4%). MQG was a patch of green with REITs off too, GMG falling 1.67%, MGR falling 1.0%. Insurers steady QBE up 0.6% and SUN better as yields rallied to 4.35%. Flight to safety. Healthcare under pressure, CSL down 1.0% with RMD falling 2.3% and tech off as WT...
15 min