The supermarkets have headed in the opposite direction of the banks this year on the market, and supply disruptions for Woolworths won’t be helping.
MARKET WRAP:
ASX200: up 0.56% to 8,495
GOLD: $2,668 US/oz
BITCOIN: $147,185 AUD
Metcash, closing up 7 ½ per cent to $3.43
Woolworths fell again as shelves and strike challenges continue to plague them
By association Coles shares were higher to near record highs up 1 ½ per cent
Westpac the standout bank up more than 1% to $33.61
Invion shares up 100% today to 36 cents.
A lift in commodity prices saw RIO and Fortescue benefit - BHP was down a touch but still above $40 a share.
Collins foods owner of KFC and Taco Bell shares down more than 4% to $8.25
CURRENCY UPDATE:
AUD/USD: 64.80 US cents
AUD/GBP: 51.2 pence
AUD/EUR: 61 Euro cents
AUD/JPY: 97 Japanese yen
AUD/NZD: 1.10 NZ dollars