The S&P/ASX200 somehow closed up around five points on Monday ending a very unexpected day of trade.
The S&P/ASX200 somehow closed up around five points on Monday ending a very unexpected day of trade. The undeniable pluck shown by the little index that could, came in the face of surging COVID-19 numbers, US non-farm payroll weakness and an ex-div Fortescue Metals Group (FMG), crashing 11.2%, taking the materials sector and the broader index with it. Pro Medicus (PME) sold off about 6%, while Lendlease (LLC) slumped 4.3% after a downgrade over at Morgan Stanley.
But it was a stock you’ve never heard of, with a name that you'll never remember - HealthCo Healthcare and Wellness REIT (HCW) - up 15% on debut, leaving the best of the Top 200 names way behind. And that ladies and gents, was one weird Monday.
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