A fourth consecutive month of gains for the ASX despite today's 2% drop for the ASX200. Stock of the day is CIM...

A fourth consecutive month of gains for the ASX despite today's 2% drop for the ASX200. A broad based slide was led by energy, financials and materials with no real gainers to speak of. It was the usual month-end sell off coinciding with the release of troubling US economic data. Out of session US futures point to a soft open on Wall St tonight. Our top three VODs of the day are:

CEO Chat: Boart weathers the difficult decisions

Hydrix's Guardian AngelMed

Straight As for Big Tech


 

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More from The COB from ausbiz

  1. 12:51The local bourse followed a robust lead in from Wall St, which saw the NASDAQ and S&P500 crack record highs thanks to an 18% pop in Netflix stock and excitement around the Biden presidency.Jan 21, 2021
  2. 13:00All eyes are on Washington as the ASX closes up 0.4% on a strong lead in from Wall StJan 20, 2021
  3. 12:01Broker upgrades, M&A activity and low volumes combined for a surprisingly strong Tuesday trading session. The major index closed up 1.19%.Jan 19, 2021
  4. 10:18A sluggish start to the week with pressure on the banks and miners. Given they represent around half the market, they dragged the ASX down 0.8%.Jan 18, 2021
  5. 09:29A flat day for the ASX 200, closing up 0.0015% with the Afterpay juggernaut the story of the day - closing up 10% after broker upgrades and today's stimulus announcement from Joe Biden.Jan 15, 2021
  6. 12:48After a shaky start, the ASX 200 index came home strongly to close up 0.4% on positivity around Joe Biden's planned announcement tonight on the details of his economic stimulus package.Jan 14, 2021
  7. 13:02After a morning dip, the ASX 200 came home with a wet sail to close up 0.1% and break its three day losing streak.Jan 13, 2021
  8. 13:30A choppy day for the ASX with the major index closing flat after being up 0.5% around midday.Jan 12, 2021
  9. 12:38It was all downhill for the local bourse today despite a record night on Wall St on Friday. The ASX 200 dipped below 6,700 mid afternoon to close at 6,697.2.Jan 11, 2021
  10. 10:33A solid week of gains for the Australian market; today's session closed on the day's high with the BNPL darlings leading the info tech sector higherJan 08, 2021