Australia markets closed

Markets Now - Thursday 21st May 2020

Bryce Elder

It’s a bit early to be thinking about the next FTSE index review (scheduled for June 3 and framed on the previous day’s prices) but as it’s something other than results let’s do so anyway. It has control of its whole value chain, in contrast to asset-lite hotel companies that, in some cases, have a more complex job of trying to help multiple hotel owners to optimise their positions.