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ASX overcomes lockdowns, BHP, ResMed hit records, Rio Tinto’s production issues The ASX 200 (ASX: XJO) managed a 0.2% gain on Friday even as the Delta outbreak spread across the country. It was generally positive across the board with only the energy and utilities sectors weakening, down 0.6% and 0.4%, respectively. The consumer discretionary and healthcare sectors…
ASX finishes at record high, The Reject Shop downgrades, energy leads the week The ASX200 (ASX: XJO) broke 7,300 points for the first time, ultimately finishing up 0.5% on Friday and 1.6% for the week; three consecutive records. On Friday it was 4X4 parts supplier ARB Corporation Limited (ASX: ARB) and Origin Energy (ASX: ORG) leading the way, jumping 6.3% and…
Here we go again, ASX flat as lockdown begins, Costa Group tanks, AMP sued The ASX200 (ASX: XJO) added just 2.4 points on Thursday after the Victorian Government sent the entire state into another lockdown. The news is expected to hit the economy to the tune of $1 billion but the market remains immune, with the IT sector once…