Laura Becerrati
๐ค SpeakerAppearances Over Time
Podcast Appearances
It shares down
around 8%.
But it is reporting from a very strong performance on Friday when it rose by over 12%.
And in fact, it had a very good week last week as well after its solid March quarter update.
And Cochlear, we spoke about this one quite a bit because it did have that earnings downgrade, which saw its share price slump by 40% in a single session.
It was down a little over 40% over the course of April, but it is now extending improvements to a third straight day.
Okay, let's look ahead.
We've already spoken briefly about the RBA's interest rate decision tomorrow.
So they are largely expected to hike rates for the third meeting in a row, so the third time this year, which would take rates to 4.35%, its highest level this
since december 2024 and there's about a 77 chance that the rba will actually raise rates tomorrow so i guess still a small chance that they might keep things exactly where they are but a bigger chance that they will hike rates once again yeah and last time they met they were kind of split on whether or not to lift interest rates or keep them on hold so we'll see what the split is there that's going to be interesting in the final hour and a half of trade we've also got westpac out with its first half results tomorrow after nab
Yeah, and the Macquarie Conference kicks off.
This is the three-day event.
It's, you know, a big one for investors because over 100 Aussie and New Zealand-based companies host presentations.
And depending on what they say, that could potentially move share prices around.
So another thing to watch, not only tomorrow, but over the next three days.
All right, I think that wraps it up.
We'll chat to you again tomorrow.