Market Close 10 Nov 25: Best day in 3 weeks for Aussie stocks
Description
The Aussie market kicked off the week with a strong gain, having its best session in more than three weeks after lifting about three quarters of a percent. Confidence improved after reports the 40-day US government shutdown could soon end, and China eased export restrictions on some metals. Tech, energy and mining stocks led the way, while ANZ rose more than 3% after posting full-year results that showed profit down 14% but a steady dividend. Liontown, Dyno Nobel and Monadelphous were also standouts. Tomorrow brings updates from CBA and Bendigo Bank, plus a busy run of company AGMs ahead of Aussie jobs data on Thursday and key Chinese data on Friday.
The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.
See omnystudio.com/listener for privacy information.
United States
