1. EachPod

End of Day – Tue 19 Oct

Author
Marcus Today
Published
Tue 19 Oct 2021
Episode Link
None

  • The ASX 200 closes down 6 points at 7375 in a see saw day. 
  • AGMs dominating the market. BHP production report knocks some optimism out of the big miners, BHP down 2.0% and FMG off 1.2%. Banks were solid if uninspiring with the Big Bank Basket down to $186.17 with CBA unchanged. MQG still powering ahead up 0.9%. REITS were slightly better as bond yields eased back slightly and tech was in the frame led by APT up 2.7% and Z1P up 5.2% on broker upgrades. 
  • The All -Tech Index rose 1.4%. Healthcare did well with CSL up 0.6% and FPH rising 2.7%. 
  • In corporate news, TAH revealed a 17% drop in wagering business and a 2022 demerger timetable. COH has stuck to profit guidance up 1.9% and BAP flagged a solid start to FY22, rising 2.0%. 
  • RBA minutes hardly raised the pulse and ANZ consumer confidence pushed higher for the sixth week. 10-year yields did ease a little but back up to 1.75% at the ASX close.

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