Closing Bell 29th January: XJO rises. Oil prices jump on Red Sea attacks
XJO rises. Oil prices jump on Red Sea attacks. Energy stocks rally. GOR falls 16% on lower production.
XJO rises. Oil prices jump on Red Sea attacks. Energy stocks rally. GOR falls 16% on lower production.
Today’s market revealed striking contrasts, with Domino’s Pizza sharply down by 30.51%, while Energy Resources surged by 18.18%, reflecting diverse investor strategies.
XJO flat as rally pauses. Financials weaker as Miners rise. NAN down 34% on earnings miss
XJO rises. JDO up on stronger earnings. Healthcare stocks higher.
ASX lithium stocks face a downturn as falling spodumene prices prompt strategic reassessments. Key players, including Liontown Resources, navigate challenging market shifts.
ASX buoyed by coal stocks’ strong performance, with Whitehaven and Yancoal leading gains. Optimism rises as commodity prices rebound, signaling robust market growth.
Australia’s job market takes a hit with a significant loss of 65,116 jobs in December, challenging the economic outlook and influencing ASX trends.
ASX faces midday downturn, tracking global markets after Fed’s Waller cools rate cut hopes. NAB revises RBA stance, while Evolution Mining sees significant fall.
XJO drops to four week lows. Miners and Industrials hardest hit. Financials firm
ASX slightly higher. Uranium stocks continue strong rally. Agriculture stocks rise
“Uranium producers remain in the spotlight, as stock values surge with increasing global demand, marking a significant uptrend in the energy sector.
ASX sees robust gains led by SILEX and SOUTH32, with tech and mining sectors driving the surge amid positive global market sentiments and local growth.