Perpetual takes charge as the local market wanes
It was a flat Thursday on the share market. Sentiment was 'meh' - with energy a drag, despite the positive lead from Wall Street, where quarterly earnings continue to impress. Thermal coal futures in China have fallen 20% in two days on the threat of government intervention. The financials made headlines, with fund manager Perpetual surging close to 8% as its FUM passed the $100 billion mark. And investors saw value in the perpetually beaten down AMP. Flight Centre plummeted close to 6 per cent on news of a $400 million capital raise and A2 milk soured on reports it's facing a second class action claim.
Our top three VODs:
Where does Bitcoin go from here?
EV is Tesla's world. Everyone else is paying rent
Jason's riding this bull market | the trade
Hosted on Acast. See acast.com/privacy for more information.