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The Market Wrap with Evan Lucas, Independent Analyst

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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

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