End of Day Report – Friday 5 June: ASX 200 drops 61 - Down 1.2% for the week - Banks and Miners struggle - Healthcare soars - US futures ease - NFP tonight
About this episode
The episode discusses the decline of the ASX 200 and the performance of various sectors including banks and healthcare.
The ASX 200 finished the week on a sour note as the index fell 61 points to 8621 (-0.7%), ending the week down 1.2%. Banks were ugly today after Morgan Stanley downgraded the sector outlook. The Big Bank Basket fell to $266.42 (1.5%), with CBA off 1.7% and WBC sliding 1.2%. Other financials held up better, with MQG unchanged, ASX up 1.5% and ZIP rising 1.7%. Insurers also found some friends again. REITs were better too, with CHC up 1.1% and SGP rising 1.1%. Industrials pushed higher, with WES...
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