Growth in its cloud computing business helped Alphabet – the parent company of Google – to a decent quarterly update.

MARKET WRAP:
ASX200: down 0.83%, 8,284
GOLD: $2,798 US/oz
BITCOIN: $110,150 AUD
Consumer Staples dropped 3.6% led by a disappointing update from Woolworths
Star Entertainment fell 3.8% to 25.5 cents a share with quarterly earnings showing a loss of $18 million.
Commbank down 0.9%, NAB down 1.2%, ANZ down 1.1% and Westpac down 0.7%.
Pilbara Minerals shares up 1.1% to $2.88, even though the company cut its guidance
Real Estate shares were higher, with Goodman up 1.2%, and Dexus up 0.7%.
Gains for Aristocrat Leisure, Pro Medicus and Telix Pharmaceuticals

CURRENCY UPDATE:
AUD/USD: 65.56 US cents
AUD/GBP: 50.4 pence
AUD/EUR: 60 Euro cents
AUD/JPY: 100 Japanese yen
AUD/NZD: 1.09 NZ dollars

Growth in its cloud computing business helped Alphabet – the parent company of Google – to a decent quarterly update.
MARKET WRAP:
<ul>
<ul>
<li aria-level="1">ASX200: down 0.83%, 8,284</li>
<li aria-level="1">GOLD: $2,798 US/oz</li>
<li aria-level="1">BITCOIN: $110,150 AUD</li>
</ul>
</ul>
<ul>
<li aria-level="1">Consumer Staples dropped 3.6% led by a disappointing update from Woolworths</li>
<li aria-level="1">Star Entertainment fell 3.8% to 25.5 cents a share with quarterly earnings showing a loss of $18 million.</li>
<li aria-level="1">Commbank down 0.9%, NAB down 1.2%, ANZ down 1.1% and Westpac down 0.7%.</li>
<li aria-level="1">Pilbara Minerals shares up 1.1% to $2.88, even though the company cut its guidance</li>
<li aria-level="1">Real Estate shares were higher, with Goodman up 1.2%, and Dexus up 0.7%.</li>
<li aria-level="1">Gains for Aristocrat Leisure, Pro Medicus and Telix Pharmaceuticals</li>
</ul>
CURRENCY UPDATE:
<ul>
<li aria-level="1">AUD/USD: 65.56 US cents</li>
<li aria-level="1">AUD/GBP: 50.4 pence</li>
<li aria-level="1">AUD/EUR: 60 Euro cents</li>
<li aria-level="1">AUD/JPY: 100 Japanese yen</li>
<li aria-level="1">AUD/NZD: 1.09 NZ dollars</li>
</ul>

Join Deborah Knight for Money News, the most respected business program on radio.


If you crave the latest insights into super & small business, interest rates & investment, and economics & e-commerce, then the team at Money News has everything you need to know.


Add your voice to the conversation Monday to Thursday 7pm to 8pm by calling 131 873, texting 0460 873 873, or emailing moneynews@2gb.com

Join Deborah Knight for Money News, the most respected business program on radio.
 If you crave the latest insights into super &amp; small business, interest rates &amp; investment, and economics &amp; e-commerce, then the team at Money News has everything you need to know.
 Add your voice to the conversation Monday to Thursday 7pm to 8pm by calling 131 873, texting 0460 873 873, or emailing <a href="mailto:moneynews@2gb.com">moneynews@2gb.com</a>

Advertisement