About this episode

The episode discusses the ASX 200's decline and the contrasting performances of banks and resources amid oil market fluctuations.

The ASX 200 fell 21 points to 8666 (0.2%). Banks held firm as resources struggled against a sea of oil troubles. As crude rallies, commodities elsewhere are falling. ANZ results kick us off in the morning and the Big Bank Basket firmed to $ 288.69 (+0.9%). Other financials did well too, SOL up 2.6% with AMP better and insurers also doing well, QBE up 0.8% and MPL up 1.7%. REITs better too, GMG up 2.2% and SCG rising 1.6%. Industrials had a green tinge, WES rallied 0.8%, BXB 2.5% better and RE...

People in this episode

Host: Marcus Today

Topics covered

• ASX 200
• bank performance
• resource struggles
• oil market
• financial results

Keywords

• ASX 200
• banks
• resources
• oil troubles
• financial results
• ANZ
• commodities

Mentioned in this episode

Organizations: ASX 200, ANZ, SOL, AMP, QBE, MPL, GMG, SCG, WES, BXB

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