Soggy session dampens gains ☔
Episode description
The local market finished hump day on the soggy side, following a less than ideal lead from Wall Street. The ASX closed down 0.5%, but things could have been worse as the market was down nearly 1% at one point. Perspective is also important - since the March 9 low - the index is up more than 500 points. PolyNovo won today's gold medal for best on ground - reporting record March quarter revenues. Elsewhere, Woodside cleared its final legal hurdles for starting the $16 billion Scarborough LNG project and Virtus Health re-entered discussions with BGH Capital following a raised offer.
Our top three VODs:
Ord Minnett's Lane on ASX valuations, gold vs banks and why he's holding cash
How to avoid "eating like a tweety bird and pooping like an elephant"
How this small cap investor is playing defence
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