Thanks afternoon crew.
End-of-day summary:
Two days of US stock gains and a surge in iron ore helped the Australian share market test 20-month highs.
The ASX 200 rallied 60 points or 0.79% to its strongest level since April 2021. Property and tech stocks led a rally that boosted all 11 sectors.
The heavily-weighted materials sector climbed 1.14% as BHP touched fresh heights. China-traded iron ore prices rallied 3% on Friday and another 1.3% yesterday after the government stepped up stimulus measures.
Traders were greeted this morning by two sessions of solid US gains since the ASX last traded. The S&P 500 lifted 0.42% overnight after a 0.17% rise on Friday.
- Forums
- ASX - Day Trading
- Day traders' after-market lounge December 27
Day traders' after-market lounge December 27
-
- There are more pages in this discussion • 30 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
AHK
ARK MINES LIMITED
Ben Emery, Executive Director
Ben Emery
Executive Director
SPONSORED BY The Market Online