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The Market Wrap with Carl Capolingua, Content Editor at Market Index

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The Commonwealth Bank has received backlash for its plans to charge accounts, but is it a dollar shifter for investors?

MARKET WRAP:

  • ASX200: down 0.38% to 8,462

  • GOLD: $2,670 US/oz

  • BITCOIN: $150,125 AUD

 

  • Goodman Group fell 2.9% to $37.02 after a $1.9 billion block trade after the market closed last night.

  • Stockland and Mirvac were also weaker.

  • Pro Medicus was a standout, jumping 1.8% to $261.24 after its founders said they wouldn’t be selling any additional shares to institutions.

  • SG Fleet was also higher by 2.7% to $3.42 after a private equity firm agreed to buy the vehicle leasing business.

  • Rio Tinto, Fortescue and Wisetech Global all finished in the green.

  • Droneshield continues to be sold off down more than 6% today to 70 cents – well off highs of more than $2.70 in July

  • And there were drops for all the major banks.

 

CURRENCY UPDATE:

  • AUD/USD: 64.42 US cents

  • AUD/GBP: 50.8 pence

  • AUD/EUR: 61 Euro cents

  • AUD/JPY: 96 Japanese yen

  • AUD/NZD: 1.10 NZ dollars

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