End of Day Report – Friday 1 May: ASX 200 up 64 points | ANZ curbs enthusiasm, resources shine
About this episode
The episode discusses the ASX 200's performance and the banking sector's outlook following ANZ's profit results.
The ASX 200 popped 64 points higher today to 8730, up 0.7%. Ends longest losing streak since 2018. Down 0.7% for the week. Banks were flat following a slightly disappointing outlook from the CEO of ANZ as the first bank to deliver its profit result. The Big Bank Basket closed at $286.93 (-0.6%). The rest of the finance sector did well, though, with MQG pushing up another 1.3% ahead of results next week. Insurers also did better, with QBE rising 0.6% and IAG having a very solid day. Whilst ove...
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