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ASX pares losses, defensives in favour again, Nuix downgrades again The ASX200 (ASX:XJO) trimmed losses to just 0.3% despite falling as low as 1.6% during the session. The selling pressure was driven primarily by the energy and property sectors as concerns about spiking global COVID-19 cases impacted confidence. The recently listed Nuix Ltd (ASX:NXL), a big data and analytics…
New retail investors entered the sharemarket in droves over the first six months of the pandemic’s impact. Contrary to widely held views, for the most part, on average, they did very well. Very well indeed. But one has to be careful of averages. They can often mask skews from big single numbers and rarely do…
Investors are piling into COVID-hit international companies amid a share trading boom. According to ASIC’s analysis of trading volumes during the COVID period, share trading volumes among retail investors have doubled. With that in mind, international share trading has become a lot easier, but can still come at a substantial cost, with added tax implications,…