The markets aren’t the only thing that have been a bit shaky recently!
Just today Melbourne experienced a magnitude 6 earthquake, with tremors being felt across various parts of the east coast.
If you’re wondering what the past few days look like, see pic below.
In other news…
Bill Gates has just raised $1B in corporate funding, drawing on the likes of BlackRock’s Larry Fink and Microsoft’s Satya Nadella in order to finance a host of clean-energy projects.
The funds will be used to accelerate projects otherwise deemed uneconomical.
Where do you see the biggest opportunity?
The Australian sharemarket shrugged off global economic anxieties on Wednesday to end its session ahead 0.3 per cent to 7,296.9.
The ASX200 started the morning with a slight decline swiftly changed course by lunchtime as some of the laggards of the past few days lifted.
Energy stocks finished the day ahead 2.3 per cent, led by Woodside’s gains of 2.4 per cent to $21.43.
The country’s mining heavyweights also pulled ahead as iron ore prices steadied overnight and Chinese property giant Evergrande confirmed it would pay some of its bond interest which is due on Thursday.
BHP finished the session up 2.4 per cent to $38.66, Rio Tinto gained to 2.7 per cent to $98.27 and Fortescue Metals rebounded 4.2 per cent to $15.37.