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ASX200 pushes towards record, commodity reports, is Zip (ASX:Z1P) the new BNPL leader? The ASX200 (ASX:XJO) benefited from a strong overseas lead and news that unemployment has fallen to just 6.6% to finish 0.8% higher. Surprise, surprise, technology was the leader once again, adding 2.7% after BNPL player Zip Co (ASX:Z1P) released a quarterly update. The group once again…
Seek (ASX:SEK), BlueScope Steel (ASX:BSL) upgrade guidance, unemployment surprises, US markets offer positive lead The Australian market (ASX:XJO) eked out a fourth straight gain finishing 0.2% higher with the financial and IT sectors the biggest contributors; up 1.2% each. For the financials Westpac Banking Corporation (ASX:WBC) led the way adding 2.3% after the release of better than…
Company reporting season is in its final stretch with roughly two-thirds of the ASX 200 having reported and another +40 companies still to go. Whilst expectations were for a painful season filled with earnings misses, guidance downgrades and massive share price losses, it has been anything but that. Rather this season has pleasantly surprised on…