Skip to main content

Posts

Showing posts with the label gold

Market enjoys a strong week as technology, health stocks and gold all shine

WEEKLY MARKET REPORT The Australian share market loved a robust finish to the week, with the ASX 200 leaping zero.6% on Friday as well being shares, expertise and the gold sector all had features. That introduced the weekly achieve to 2% – not a nasty time period deposit charge for a yr if you may get it – and the ASX 200 to a 6126.2 level end as traders continued to seek out extra optimistic surprises than unfavourable amongst firm revenue experiences. The strong week rested on good performances by client shares, financials and a recovering property sector because the market loved its greatest week for a month and a half. Loads of the motion on Friday was within the expertise shares with Computershare (ASX: CPU) up a formidable 7.eight%, Afterpay (ASX: APT) up 6.three% and accounting software program supplier Xero (ASX: XRO) up 5.four%. Performances had been additionally variable attributable to revenue confessions moderately than sectors, with Commonwe