Travelling into the green 🌎

Another deluge of largely well-received company updates, plus another bump in travel stocks equated to a decent trading session. Some short squeezing likely helped Webjet and Flight Centre achieve its 7-8% top of the ladder outperformance. Macquarie (4%) and Suncorp (6%) also landed in the hotly contested top 10, while Magellan found some dip-buyers and closed up over 7%. The financials overall added 1.6% to the bottom line ahead of CBA’s drop tomorrow. Miners topped the index ladder, adding 2.3% thanks to surging commodity prices, but will it last. Continuing the climb from the late January low, the S&P/ASX200 closed up 76 points or 1.1%.

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