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ASX rallies 0.9% on tech, BNPL, health gains

Strong day for the ASX, private equity buys into Challenger, NSW lockdowns continue  Every sector barring energy and industrials finished higher on Wednesday, with the ASX 200 jumping 0.9%. Buy now pay later groups were among the top performers, with Zip Co Ltd (ASX: Z1P) and Afterpay Ltd (ASX: APT) adding 6.5% and 4.5%, respectively. Challenger Financial Group (ASX: CGF) was the…
Investor Strategy News | 7th Jul 2021 | More
Hybrids are back, and paying higher yields

The hybrid securities market felt the brunt of the COVID-19 crisis in March, when two issues were withdrawn and another issuer deferred redemptions. But last week Macquarie Bank relaunched its hybrid offer, offering a substantially higher margin than the rate on offer a few months ago. Macquarie Bank Capital Notes 2 was originally launched on…
Annabelle Dickson | 13th May 2020 | More
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