The ASX 200 faded mid morning to close up 0.06%. It was left to the banks to save the day with weakness opening in other parts of the market.

The ASX 200 faded mid morning to close up 0.06%. It was left to the banks to save the day with weakness opening in other parts of the market. Westpac jumped more than 5% after announcing a 256% increase in profit. There was evidence of a rotation out of high flying mining stocks into some more value ends of the market. REITs and telcos performed well. Tech was hit hard again - still not able to get its mojo back despite the decline in bond yields. Our top three VODs today are:

Westpac rises; The oldest bank still has new tricks says CEO

Beware of COVID winners and keep your eye on the banks

Buying into the unlikely winners of the reopening


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