Youtor
the COB 020524
>> YOUR LINK HERE: ___ http://youtube.com/watch?v=tHkO6JHRs-s
The local share market recovered some of yesterday's steep losses with the S P/ASX200 rising 0.23% to 7,587. • The financials performed strongly, led by NAB, which is planning $1.5 billion buyback, despite posting a 13% drop in first-half cash earnings. • The gold miners bounced back after the bullion price jumped higher on a Fed outlook that was less hawkish than expected. • Pexa was a standout with its shares rising 10.79% after updating the market on its tie-up with NatWest in the UK mortgage market and Qube rose 7.02% after its investor day. Most tech stocks were higher, led by Wisetech, up 2.97%. • Consumer Staples was the worst performing sector, dragged lower by the supermarkets, with Woolworths losing 4.54% after it missed analysts' forecasts reporting a 2.8% increase in March quarter sales to $16.8 billion. Coles lost 1.89%. • Bapcor plunged 31% after it downgraded its profit guidance as consumers rein in their spending. • Shares in Afterpay and Square owner Block fell 5.88% on reports that US prosecutors are investigating potential compliance breaches. • On the data front, Australia recorded its lowest trade surplus in 4 years of $5 billion for March, while residential building approvals continue to fall. • Join 90,000 investors who use ausbiz for investing ideas and opportunities. Get the full experience live, on-demand and free at https://ausbiz.com.au/. When you subscribe you can tailor your content to your interests - by company, expert, topic and series. • Subscribe to our newsletter: https://company.ausbiz.com.au/newsletter • Twitter: / ausbiztv • Facebook: / ausbiztv • With thanks to our presenting partner, Pepperstone: https://pepperstone.com/en-au/ • #asx #sharemarket #stocks #ausbiz #shares #investing #equities #hotstocks #stockpicking #marketwrapup
#############################
