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ASX 200 Extends Records at Close

Stock MarketsAug 05, 2021 17:04
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© Reuters.

By Oliver Gray

Investing.com - The ASX 200 added 7.9 points or 0.11% to 7511.1 on Thursday, extending gains of 0.38% in the previous session, posting a fresh record closing high as strong local data boosted sentiment, while fears of further coronavirus spread capped gains.

New South Wales recorded 262 cases today as exposure sites continue to balloon, while Victoria reported 8 new cases, with health considering another snap lockdown amid unlinked community transmission. Queensland reported 16 fresh cases, all linked to the current Indooroopilly cluster and 11 cases were reported onboard LNG tanker PAN Europe.

Among stocks, Whitehaven Coal Ltd (ASX:WHC) dipped 0.93%, Beach Energy Ltd (ASX:BPT) was down 0.41% and Santos Ltd (ASX:STO) dipped 1.24%. Meantime, Rio Tinto Ltd (ASX:RIO) , BHP Billiton Ltd (ASX:BHP) and Fortescue Metals Group Ltd (ASX:FMG) fell 1.69%, 1.7% and 3.4% respectively on weaker iron ore prices.

In today’s data, Australia's trade surplus gained to fresh records highs, with exports jumping 4% month-over-month, while imports lifted 1% over the same period.

In New Zealand, the NZX 50 fell 42.96 points or 0.34% to 12754.33.

ASX 200 Extends Records at Close
 

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