the daily moo

Energy stocks skyrocket, led by uranium producers


Listen Later

Markets on edge today as US decides in weeks if it will join attack on Iran. The oil price jumped as much as 3% overnight before closing 0.8% higher at US75.80. Energy stocks generally are up. ASX-listed Deep Yellow jumped 31% in four trading days, leading Australian uranium stocks big climb so far this week. Investors should expect volatility as we transition into the new financial year as investors rebalance, and a possible broad rally in July. 

Securities mentioned include Beach Energy, Boss Energy, Constellation Energy, Deep Yellow, Genesis Minerals, Global X Uranium ETF, Life360, Paladin Energy, Pro Medicus, Regis Resources, Santos, Sigma Healthcare, Technology One, Whitehaven Coal, Zip Co

...more
View all episodesView all episodes
Download on the App Store

the daily mooBy Moomoo Australia & New Zealand