Another great day at the Emergence 2020 investor conference..
The Peak team was able to listen and talk to lots of emerging companies that will undoubtably solve problems, transform and shape the world we live in.
The team is still reminiscing about the fantastic meal at Sakè last night, we highly recommend (see below for a pic).
Once again, the markets were savaged..
This Afternoon, Australian shares fell sharply again on Wednesday, seeing the benchmark S&P/ASX 200 notch its largest three-day fall since August 2015.
The index tumbled 158.5 points, or 2.3 per cent, to 6708.1, finishing trade near its lows for the session. Combined with fall in the previous two days, the total value of Australia’s top 200 companies has now shed over $120 billion since the start of the week.
Every sector skidded in excess of 1.6 per cent, led by those sectors that led the market rally – technology and healthcare – which both slumped 3.6 per cent for the session.
Materials, energy, consumer staples, communications, financials, industrials and utilities also shed 2 per cent or more on Wednesday – there was simply no place to hide.