Download - Marcus Today End of Day Report -Tuesday 10th August

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Marcus Today End of Day Report -Tuesday 10th August

2021-08-10

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ASX 200 hits another record high of 7563 up 24 points (0.3%) after once again shrugging off a soaring case number in Sydney. Banks eagerly awaiting the results kick off with CBA up 1.5% and the Big Bank Basket up to $187.99 Gold miners suffered the slings and arrows but lithium stocks were greeted by outrageous fortune on broker upgrades and some strategic corporate moves. PLS up 11.0% and NVX up 15.6% as Phillips 66 chips in. Industrials and tech firms with the All Tech Index (APT really) up 1.6%.

Softbank Q1 Earnings Pre Tax profit up 55%, beating expectations.

European market expected to open slightly down.