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Sean Aylmer

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7548 total appearances
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Appearances Over Time

Podcast Appearances

FEAR & GREED | Business News
Sigma mulls $14b bid for UK chemist; A$ heads south; airline profits plunge

Yes.

FEAR & GREED | Business News
Sigma mulls $14b bid for UK chemist; A$ heads south; airline profits plunge

I mean, it started lower and then rose all day and right at the last, jumped pretty sharply.

FEAR & GREED | Business News
Sigma mulls $14b bid for UK chemist; A$ heads south; airline profits plunge

It was a day for defensive stocks, though.

FEAR & GREED | Business News
Sigma mulls $14b bid for UK chemist; A$ heads south; airline profits plunge

In fact, it's been a week for defensive stocks.

FEAR & GREED | Business News
Sigma mulls $14b bid for UK chemist; A$ heads south; airline profits plunge

Woolies and Coles were both up again yesterday.

FEAR & GREED | Business News
Sigma mulls $14b bid for UK chemist; A$ heads south; airline profits plunge

Those two companies are up more than 8% in the past week.

FEAR & GREED | Business News
Sigma mulls $14b bid for UK chemist; A$ heads south; airline profits plunge

Consumer discretionary stocks also did well yesterday, as did the property companies.

FEAR & GREED | Business News
Sigma mulls $14b bid for UK chemist; A$ heads south; airline profits plunge

CSL?

FEAR & GREED | Business News
Sigma mulls $14b bid for UK chemist; A$ heads south; airline profits plunge

One of those companies that really has had a shocking time of it recently.

FEAR & GREED | Business News
Sigma mulls $14b bid for UK chemist; A$ heads south; airline profits plunge

Well, it's benefited from this whole shift to defensive positioning.

FEAR & GREED | Business News
Sigma mulls $14b bid for UK chemist; A$ heads south; airline profits plunge

It's up more than 10% over the past week.

FEAR & GREED | Business News
Sigma mulls $14b bid for UK chemist; A$ heads south; airline profits plunge

Yesterday was better for the big banks.

FEAR & GREED | Business News
Sigma mulls $14b bid for UK chemist; A$ heads south; airline profits plunge

The big miners were mixed by the close.

FEAR & GREED | Business News
Sigma mulls $14b bid for UK chemist; A$ heads south; airline profits plunge

The S&P ASX 200 was trading, well, heading towards 8,650 points.

FEAR & GREED | Business News
Sigma mulls $14b bid for UK chemist; A$ heads south; airline profits plunge

That's right.

FEAR & GREED | Business News
Sigma mulls $14b bid for UK chemist; A$ heads south; airline profits plunge

So the US dollar is stronger and that's hurt the local unit.

FEAR & GREED | Business News
Sigma mulls $14b bid for UK chemist; A$ heads south; airline profits plunge

But the Aussie is also lower against a bunch of other countries.

FEAR & GREED | Business News
Sigma mulls $14b bid for UK chemist; A$ heads south; airline profits plunge

That story is mostly about weaker commodity prices.

FEAR & GREED | Business News
Sigma mulls $14b bid for UK chemist; A$ heads south; airline profits plunge

So in recent sessions, the Aussie is down against the euro, against the Chinese yuan.

FEAR & GREED | Business News
Sigma mulls $14b bid for UK chemist; A$ heads south; airline profits plunge

I wonder who's going to China soon and interested in that one.