The Market Wrap with Kate Hanrahan, Private Client Adviser, Sequoia Wealth Management

Money News

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1d ago 7:06

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Growth in its cloud computing business helped Alphabet – the parent company of Google – to a decent quarterly update.

MARKET WRAP:

ASX200: down 0.83%, 8,284
GOLD: $2,798 US/oz
BITCOIN: $110,150 AUD

Consumer Staples dropped 3.6% led by a disappointing update from Woolworths
Star Entertainment fell 3.8% to 25.5 cents a share with quarterly earnings showing a loss of $18 million.
Commbank down 0.9%, NAB down 1.2%, ANZ down 1.1% and Westpac down 0.7%.
Pilbara Minerals shares up 1.1% to $2.88, even though the company cut its guidance
Real Estate shares were higher, with Goodman up 1.2%, and Dexus up 0.7%.
Gains for Aristocrat Leisure, Pro Medicus and Telix Pharmaceuticals

CURRENCY UPDATE:

AUD/USD: 65.56 US cents
AUD/GBP: 50.4 pence
AUD/EUR: 60 Euro cents
AUD/JPY: 100 Japanese yen
AUD/NZD: 1.09 NZ dollars

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