
Please try another search
By Oliver Gray
Investing.com - The S&P/ASX 200 added 37.7 points or 0.5% to 7,213.2 during Friday’s session, lifting for the first day in four and finishing the week 1.3% lower as volatile crude oil and commodity prices dampened risk appetites while weakening global data sparked recession fears.
Among stocks, Materials posted the largest advances, up 1.9% overall as Rio Tinto Ltd (ASX:RIO) added 2.3%, BHP Group Ltd (ASX:BHP) gained 2.7%, Fortescue Metals Group Ltd (ASX:FMG) added 2.8% and Champion Iron Ltd (ASX:CIA) gained 5.2%.
Gold miners also produced a robust performance with St Barbara Ltd (ASX:SBM) adding 1.6%, Newcrest Mining Ltd (ASX:NCM) up 0.8%, Northern Star Resources Ltd (ASX:NST) adding 2% and Chalice Gold Mines Ltd (ASX:CHN) up 3.8%.
Information Technology also lifted 1% as bond yields fell. Block Inc (ASX:SQ2) added 3.8%, Brainchip Holdings Ltd (ASX:BRN) lifted 4.1%, Megaport Ltd (ASX:MP1) gained 3.4% and Altium Ltd (ASX:ALU) added 1.6%.
On the bond markets, Australia 10-Year rates were near 4-month lows of 3.3% while United States 10-Year yields were at 3.456%.
In New Zealand, the NZX 50 fell 0.2% to 11,596.
Are you sure you want to block %USER_NAME%?
By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.
%USER_NAME% was successfully added to your Block List
Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.
I feel that this comment is:
Thank You!
Your report has been sent to our moderators for review
Add a Comment
We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:
Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.