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Loosening the reins, ASX 200 higher, banks rally, US recovers on stimulus hopes The ASX 200 (ASX:XJO) staged a stunning recover, finishing the day 1.5% higher leading to a 1.7% improvement for the week. The financial sector, up 3.7%, contributed over half the recovery on its own, ANZ Banking Group Ltd (ASX:ANZ) and National Australia Bank…
The ASX 200 (ASX:XJO) overcame a weak lead from overseas markets to finish 0.3% higher, behind another rally in Wesfarmers Ltd (ASX:WES), up 1.5%.
The ASX 200 (ASX:XJO) overcame a weak lead from overseas markets to finish 0.3% higher, behind another rally in Wesfarmers Ltd (ASX:WES), up 1.5%.
It’s been a big year for bank shareholders, but none more so than ANZ Banking Group (ASX: ANZ) shareholders… Firstly, keep in mind that its dividends were cut (“deferred”) amid the COVID-19 sell-off. Since then, things have continued to go pear-shaped as the Australian and Kiwi economies, politicians and central bankers struggled to understand the implications of Coronavirus….