Steve Daghlian

It means that since the war started in late February, our market is down by roughly 5.5%, so we're still under a lot of pressure.

I think it's easy to forget, though, that April overall, if we look at it as a group, it wasn't too bad.

Yes, the last couple of weeks have been pretty rough, but we still managed to lift by around 2.2% in April.

Yeah, exactly.

Considering the set of circumstances that we're faced with at the moment with a war, a number of them really, we've got interest rates that have also been raised twice already in Australia since the start of this year and very well could be increased again tomorrow.

Too many times in the last couple of months, of course, and the rhetoric seems to change constantly.

But even though the energy sector is down today, it's still up by roughly 29% since the start of this year.

A lot of those gains, of course, coming in March.

Things have been a little more mixed, I guess, in the last few weeks.

But outside of energy stocks, we've got tech companies lifting around 1%, one of the better performing areas.

We've got the industrials, healthcare, telcos up very slightly though.

So really the big winner has been tech.

Yeah, and if you look at a market like South Korea, the KOSPI there is up 4.8% today.

We've also got stocks in Taiwan lifting 4.5%, two economies that are pretty big when it comes to chip production and the whole AI focus.

So both of those markets are certainly outperforming pretty much everyone else.

Yeah, well, the biggest loser of the day is A2 Milk.

It was actually down by a little more than 12% earlier.

Now it's down by around 10%.

Now, the reason was that it actually launched a voluntary recall of three batches of its US-labeled infant formula, saying that it detected a toxin

which is linked to foodborne illness.