By Oliver Gray
Investing.com - The S&P/ASX 200 added 16.1 points or 0.2% to 7,151.8 during Friday’s trading session, falling 0.1% for the week as Industrials and Utilities lifted while Energy and Real Estate fell.
Among stocks, Transurban Group (ASX:TCL) added 1%, Brambles Ltd (ASX:BXB) gained 1.7% and Auckland International Airport Ltd (ASX:AIA) added 2%. Origin Energy Ltd (ASX:ORG) added 0.3%, APA Group (ASX:APA) gained 0.2% and Infratil Ltd (ASX:IFT) lifted 0.9%.
Meantime, Woodside Energy Ltd (ASX:WDS) dipped 0.8% and South32 Ltd (ASX:S32) lost 2.3% while Mirvac Group (ASX:MGR) dropped 0.9% and Scentre Group Ltd (ASX:SCG) fell 0.4%.
On the bond markets, Australia 10-Year rates were at 3.621% while United States 10-Year rates were at 3.769%.
In New Zealand, the NZX 50 gained 86.1 points or 0.8% to 11,380.6.
BXB: is this perennial leader facing new challenges?
With valuations skyrocketing in 2024, many investors are uneasy putting more money into stocks. Sure, there are always opportunities in the stock market – but finding them feels more difficult now than a year ago. Unsure where to invest next? One of the best ways to discover new high-potential opportunities is to look at the top performing portfolios this year. ProPicks AI offers 6 model portfolios from Investing.com which identify the best stocks for investors to buy right now. For example, ProPicks AI found 9 overlooked stocks that jumped over 25% this year alone. The new stocks that made the monthly cut could yield enormous returns in the coming years. Is BXB one of them?
Unlock ProPicks AI to find out