The ASX 200 rose 11 points to 7296 (0.2%) as results dominated on Super Thursday. US futures soft at close on Ukraine rumours see afternoon selling. Bank once again feeling the love with the Big Bank Basket rising to $181.37 (0.4%) with CBA up 0.2% and WBC doing well up 0.9%. Other financials flat with CGF a winner post results rising 6.7%. Healthcare saw a bump as brokers warmed to CSL with another 5.1% rise.
Industrials were mixed, WES down on results, TCL better on traffic outlook. TAH doing well with a 4.1% rise on its numbers and TLS easing 4.2% on numbers. Miners were slightly better with iron ore stocks leading the way, BHP rose 1.4%, RIO up 1.2% and S32 beating expectations and up 1.1%. Energy mixed, WPL up 4.1% on its numbers but STO falling 1.7%. BPT rallied 1.7% after a down day yesterday. Lithium stocks a little depressed as Tesla effect wears off, PLS down 5.5% and LTR falling 5.2%. Gold miners better in spots, NCM up 1.5% and NST up 4.4% on numbers. Tech on the nose again, SQ2 down 6.4%, XRO off 3.0% and WTC falling 3.70%. The All-Tech Index dropped 2.3%.
In corporate news, plenty around with CUP falling 15.3% on a sudden loss of CEO/MD. On the economic front, better jobs numbers but still with a 4 in front with the headline rate at 4.2%. Asian market slightly firmer. 10-year yields ease to 2.19%.
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