Many colours make a market πŸ³οΈβ€πŸŒˆ - podcast episode cover

Many colours make a market πŸ³οΈβ€πŸŒˆ

Mar 04, 2022β€’10 minβ€’Season 3Ep. 37
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Episode description

After a risk-defying four-day winning streak, the threat of a turbulent weekend scared investors into taking some cash off the table.Β Paladin saw the biggest loss, closing down more than 15%, as a fire at a Ukraine nuclear facility dampened appetite for uranium. The tech sector was heavy, closing down well over 1%. Commodity futures were upbeat for iron ore, nickel and coal, but this didn't translate to local equities. In contrast, defensive portfolios fled to gold - with the usual suspects Silver Lake, Perseus and Gold Road filling up the top five. US non-farm payrolls are out tonight and headline risk remains high over Mardi Gras weekend, the ASX/S&P200 closed down 40 points or 0.57%.Β 


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