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Wonder if WHC has made a significant low? (Held)Market Matters[URL unfurl="true"]https://marketmatters.com.au[/URL]"The ASX shot out of the gates, far above the slated +18pt rise indicated by SPI futures pre-market, +60pts on the open and grinding another +40pts higher slowly but surely over the day, as 10 out of 11 sectors finished in positive territory. The market took U.S President Donald Trump’s move to exempt selected consumer electronics from tariffs as a signal of willingness to be somewhat flexible and practical with his policies, and negotiations more broadly. Technology was a bright spot as expected after the strong move from the Nasdaq overnight, with materials providing further strength, mirroring moves in global markets and supported by stabilising commodity prices over the weekend on optimism a US-China trade deal can get over the line soon.The ASX200 rose +102pts/+1.34% closing at 7748Technology (+2.61%), Materials (+2.11%) and Healthcare (+1.80%) led the charge.Consumer Staples (-0.45%) the only sector lower on the day.Gold set another record high over the weekend which saw the local miners of the precious metal continue their rally from Friday."[ATTACH=full]197539[/ATTACH]
Wonder if WHC has made a significant low? (Held)
Market Matters
[URL unfurl="true"]https://marketmatters.com.au[/URL]
"The ASX shot out of the gates, far above the slated +18pt rise indicated by SPI futures pre-market, +60pts on the open and grinding another +40pts higher slowly but surely over the day, as 10 out of 11 sectors finished in positive territory. The market took U.S President Donald Trump’s move to exempt selected consumer electronics from tariffs as a signal of willingness to be somewhat flexible and practical with his policies, and negotiations more broadly. Technology was a bright spot as expected after the strong move from the Nasdaq overnight, with materials providing further strength, mirroring moves in global markets and supported by stabilising commodity prices over the weekend on optimism a US-China trade deal can get over the line soon.
The ASX200 rose +102pts/+1.34% closing at 7748
Technology (+2.61%), Materials (+2.11%) and Healthcare (+1.80%) led the charge.
Consumer Staples (-0.45%) the only sector lower on the day.
Gold set another record high over the weekend which saw the local miners of the precious metal continue their rally from Friday."
[ATTACH=full]197539[/ATTACH]
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