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The ASX200 rose by a third of a percent, its first gain of the week, supported by banks after yesterday’s job cut announcements at ANZ and NAB. Lithium miners slumped sharply on news China’s CATL may restart production, while Iluka also tumbled on plans to halt WA operations. Nine of 11 sectors advanced, though energy stocks eased. Investors now look ahead to key US inflation data due over the next two days.
The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.
See omnystudio.com/listener for privacy information.
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The ASX200 rose by a third of a percent, its first gain of the week, supported by banks after yesterday’s job cut announcements at ANZ and NAB. Lithium miners slumped sharply on news China’s CATL may restart production, while Iluka also tumbled on plans to halt WA operations. Nine of 11 sectors advanced, though energy stocks eased. Investors now look ahead to key US inflation data due over the next two days.
The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.
See omnystudio.com/listener for privacy information.
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