Premier Investments update, big four banks rise, gold miners tumble

At lunch on Friday the S&P/ASX 200 Index (ASX: XJO) is on course to end the week on a high. The benchmark index is currently up 0.3% to 6,636 points.

Here’s what has been happening on the market today:

Premier Investments AGM.

The Premier Investments Limited (ASX: PMV) share price is edging higher today after the release of its annual general meeting update. At the event, the retail conglomerate revealed that it had a record Black Friday and Cyber Monday sales period. This ultimately underpinned a 70% increase in online sales during the first 18 weeks of FY 2021. Chairman Solomon Lew commented: “This, together with the re-opening of borders in Australia and the recent re-opening of our stores in England gives us reason to be…