Thanks afternoon crew. As mentioned earlier, I'm unexpectedly taking an early mark for the long weekend, so won't be around tomorrow. See you on Monday.
End-of-day summary:
Aussie shares eked out a fourth straight gain as China stimulus hopes lifted the mining sector, offsetting healthcare weakness following a dire trading update from Nanosonics.
The ASX 200 swung between gains and losses before closing four points or 0.06% ahead at a fresh two-week closing high.
Overnight gains in copper, nickel and iron ore helped lift the materials sector 1.3%. Commodity prices rebounded following reports that China was considering injecting state funds into the stock market to bolster confidence and arrest a market slide.
Infection prevention specialist Nanosonics lost a third of its market value after warning of a slowdown in sales revenues at the same time as costs increase, more than halving its half-year profit expectation.
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- Day traders' after-market lounge January 24
Day traders' after-market lounge January 24
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