Bit of softness today but a reasonable performance considering the rout in Europe last night. The ASX 200 closed down 0.5% led by the miners, banks and CSL.
Bit of softness today but a reasonable performance considering the rout in Europe last night. The ASX 200 closed down 0.5% led by the miners, banks and CSL. Rio Tinto's third-quarter production results were lower than expected despite the company re-affirming iron ore guidance. Production at Juuken Gorge has been down considerably since the destruction of the Aboriginal sacred sites. We've have a new show on Friday afternoons called The Last Call, brought to you with the support of Australian Vintage and Founders First. It's a bit of fun where we invite our friends in to chat about the week in markets, sport coming up over the weekend and a few stock picks of course. Check it out and let us know what you think. Registrations for the Strawman Classic, our virtual investing competition, have been extended until the end of this weekend. So if you haven't already, now's the time to throw your hat into the ring. The competition starts Monday and runs for eight weeks. The investor with the best performing portfolio will win $10,000 of real money in a ThinkMarkets account. You can trade your $100,000 Strawman portfolio as little or as often as you like - check out the rules and enter here.
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