Month: February 2024
RHC +7.27%: Opened down this morning before they did a good job putting some more ‘meat on the bones’ of today’s 1H24 update, while they talked about the potential to realise value across their various business units, rolling out the private equity playbook which certainly worked on the share price, trading up to 6-month highs
ANZ +1.3%: Quarterly trading update today for ANZ so light on detail, however their earnings were a slight beat to expectations driven largely by solid trading revenue and another period of low bad debts. We had the UBS banking analyst John Story in today to cover ANZ and the banks more broadly. He’s very good in terms of trends within the sector and how the market is positioning around them.
