Collapse, crash & Pain
Episode description
It was a wild weekend for market moves - and Bitcoin - but it was a relatively low conviction day outside of tech where it was an eventful session. Tech shares and BNPL were smashed. The tech sector shed nearly 1%, led by Zip Co which closed nearly 10% lower and Sezzle dropped 13%. The energy sector added another 0.5% as oil futures edged higher while Aussie goldies benefited from the risk-off tone. Metcash closed over 7% higher on an upbeat half-year report. All in all, the local market closed around 4 points higher - which we’ll call flat for good measure.
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