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The ASX200 rose 0.4% on Monday, marking a second straight gain, though momentum faded through the afternoon. Mining stocks led the advance, with iron ore and gold miners posting strong rallies, while Reece Limited jumped on a $250m buyback and Viva Energy Group Ltd sank on leadership changes. Investors now turn to key inflation data in Australia and the US plus a heavy week of dividend payouts worth $15bn.
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 0.4% on Monday, marking a second straight gain, though momentum faded through the afternoon. Mining stocks led the advance, with iron ore and gold miners posting strong rallies, while Reece Limited jumped on a $250m buyback and Viva Energy Group Ltd sank on leadership changes. Investors now turn to key inflation data in Australia and the US plus a heavy week of dividend payouts worth $15bn.
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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