Gå offline med appen Player FM !
End of Day Report – Wednesday 31 July: ASX has huge session up 139 points
Manage episode 431569572 series 2991632
ASX 200 has finished the day with a huge rally up 139 points or 1.8% to 8092. It’s best session since November 2022. All major sectors closed in the green after an after-hours chip stock bounce in the US combined with a mid-morning inflation numbers boost (+1% QonQ in line with expectations). Rate-sensitive Technology was the best-performing sector as bond yields took a huge fall. Australian 2Y down 15.9bp and the 10Y down 13.6bp (almost equivalent to one rate cut).
Why not sign up for a free trial? Get access to expert market insights and manage your investments with confidence.
Ready to invest in yourself? Join the Marcus Today community.
1522 episoder
Manage episode 431569572 series 2991632
ASX 200 has finished the day with a huge rally up 139 points or 1.8% to 8092. It’s best session since November 2022. All major sectors closed in the green after an after-hours chip stock bounce in the US combined with a mid-morning inflation numbers boost (+1% QonQ in line with expectations). Rate-sensitive Technology was the best-performing sector as bond yields took a huge fall. Australian 2Y down 15.9bp and the 10Y down 13.6bp (almost equivalent to one rate cut).
Why not sign up for a free trial? Get access to expert market insights and manage your investments with confidence.
Ready to invest in yourself? Join the Marcus Today community.
1522 episoder
Alle episoder
×Velkommen til Player FM!
Player FM is scanning the web for high-quality podcasts for you to enjoy right now. It's the best podcast app and works on Android, iPhone, and the web. Signup to sync subscriptions across devices.