Marcus Today End of Day Report -Thursday 1st July

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ASX 200 slides 47 points (0.65%) to close on its lows at 7266. Banks under pressure again with the Big Bank Basket falling to $178.42.  Increase in CV19 cases in Sydney clearly sapping confidence. Travel stocks down only slightly though. 

LLC had a profit warning with the kick off of the much anticipated PXA leading to a rare outage on debut for its platform and a fight back from early losses to close up 2c from listing at 1715c. Some of the tax loss victims bounced hard today with gold miners doing well, RRL up 8% and RSG up 7%. Tech flat and industrials under some pressure.

European markets expected to open firmer.