Market Index morning brief includedSectors to Watch: All Things Commodities
The resource sector was a standout overnight thanks to a mix of lower yields, weaker US dollar and continued momentum from the previous day. We'll go through some of the key movers and things to watch below.
Gold had its best session since mid-December 2023, up 1.9% overnight to US$2,082 an ounce. This marks its highest close on record (but still below its brief US$2,144 high on 4 December 2023). The VanEck Gold Miners ETF finished the overnight session up 3.68% higher (but still down 12% year-to-date). This should drive some broad-based strength across local names. Personally, I'm more interested in seeing how names in the small-to-mid cap space perform, such as Emerald Resources (ASX: EMR), Southern Cross Gold (ASX: SXG), Auric Mining (ASX: AWJ) and Spartan Resources (ASX: SPR).
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Last
$2.32 |
Change
0.110(4.98%) |
Mkt cap ! $453.9M |
Open | High | Low | Value | Volume |
$2.21 | $2.41 | $2.17 | $573.6K | 248.2K |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 724 | $2.31 |
Sellers (Offers)
Price($) | Vol. | No. |
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$2.39 | 1500 | 1 |
View Market Depth
No. | Vol. | Price($) |
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1 | 30000 | 2.260 |
1 | 1000 | 2.220 |
3 | 5000 | 2.200 |
1 | 1164 | 2.190 |
2 | 8800 | 2.150 |
Price($) | Vol. | No. |
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2.390 | 1500 | 1 |
2.400 | 5000 | 1 |
2.500 | 3215 | 2 |
2.600 | 2372 | 1 |
2.630 | 1899 | 1 |
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