The ASX 200 pushed 17 points higher to 7396 (0.2%) as the market meandered around with slight gains in banks and miners. The BigBankBasket unchanged at $175.82 with CBA bouncing back 0.4%. MQG continued to push higher up 1.1% and QBE rose 1.7%. NAB and ANZ under pressure today as the laggards CBA and WBC were bought up and the others sold off.
Industrials were mixed, TWE up 4.1% on its purchase of Franks Family, some tech improved, ALU up 5.2% and XRO doing well up 1.4% and the All-Tech Index down 0.2% with APT under pressure down 1.8%. Healthcare better led by CSL up 1.0% and SHL up 3.2%. Miners were better as BHP rose 1.1% and FMG up 0.9%. Gold miners were mixed with base metals and lithium stocks slightly better, IGO up 2.0% and MIN up 3.5%. Energy stocks sidelined but mildly positive.
In corporate news, CWN saw Blackstone back as barbarians at the gate with 1250c for the troubled casino group. VNT started life with a spurt today with a 23.5% rise. AX1 up 4.3% after an update on lost business during lockdowns. NXT reported a strong start to FY22 rising 0.5%. 10-year yields fall to 1.81%.
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