Australia's largest stock trading and investment forum Australia's #1 stock forum

Afternoon trading February 5, page-3

First 3 Last

Share
Profile

Follow
togakure

6,382 Posts.

10

05/02/24

13:03

Post #: 72241026
Share

Originally posted by highlandlad: ↑

Thanks @shovel40, @Fiji1 and morning crew.

Half-time wrap:

The Australian share market shed almost 1% as falling commodity prices and rising bond yields outweighed fresh highs on Wall Street.

Miners and property trusts led a retreat from record highs. The ASX 200 dropped 72 points or 0.95% by the halfway mark of the session.

Declines in gold, iron ore and most industrial metals helped pull the gold mining index down 4.1% and materials 2.2%. The rate-sensitive REIT sector shed 1.1% after unexpectedly strong US employment figures caused markets to push back the likely start of the rate-cutting cycle.

The S&P 500 rallied 1.07% on Friday as strong trading updates from Meta Platforms and Amazon helped distract from the jobs news.

Personal trading: Took BSN and RXL on retrace.

Expand

nice work with bsn.

HHL
1 Upvote

Reply

There are more pages in this discussion • 98 more messages in this thread...

First 3 Last