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ASX 200 closes at fresh 9-month highs on tech boost

Published 23/01/2023, 04:16 pm
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By Oliver Gray 

Investing.com - The S&P/ASX 200 added just 5.4 points or 0.1% to 7,457.3 during Monday’s trading session, extending 3 weeks of consecutive gains and claiming fresh 9-month highs as Information Technology and Energy lifted amid a falling US Dollar Index.

Among stocks, Block Inc (ASX:SQ2) lifted 6.1%, Appen Ltd (ASX:APX) gained 1.4%, Megaport Ltd (ASX:MP1) added 0.4%, Novonix Ltd (ASX:NVX) added 5.7% and Altium Ltd (ASX:ALU) gained 1.5%.

Meanwhile, Woodside Energy Ltd (ASX:WDS) lifted 1.7% and South32 Ltd (ASX:S32) lifted 1.3%.

On the bond markets, Australia 10-Year rates were at 6-week lows of 3.463%, while United States 10-Year rates were at 3.466%.

In New Zealand, the NZX 50 fell 0.2% to 11,948.7.

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