Image Source: © Timonschneider | Megapixl.com
- The ASX 200 benchmark index closed in the green today (November 29), gaining 24.20 points or 0.33% to end at 7,253.30 points.
- Over the last five days, the index has gained 1.00%, but is down 2.57% for the last year to date.
- Materials was the biggest gainer, advancing 1.72%, followed by healthcare, which ended up 0.54%, while A-REIT fell 0.83%.
The ASX 200 benchmark index closed in the green today (November 29), gaining 24.20 points or 0.33% to end at 7,253.30 points.
Latin Resources (ASX:LRS): The estimated global mineral resource for Western Australia's Cloud Nine deposit, owned by Latin Resources (LRS), has increased by 33%, as per an ASX filing.
The in-situ inferred and indicated MRE currently amounts to 280 million tonnes of kaolinised granite with an ISO-B grade of 80 for average brightness. For comparison, the previous global projection was 207 million tonnes in May 2021.
Recharge Metals (ASX:REC): Brett Wallace, the managing director of Recharge Metals (REC), has informed the firm that he would be resigning at the end of February 2023.
Recharge did not provide a reason for Wallace's departure, but the business has now started a "extensive" search for a replacement for the managing director and for a board member.
As the effects of the biggest civil turmoil in China in decades started to fade, the ASX found its footing once more. China increased its police presence last evening to prevent a repetition of the anti-lockdown rallies that took place over the weekend.
After Chinese anti-lockdown protests shook the commodity markets, gold miners and energy producers saw some of the greatest losses. retailers, telecoms, and healthcare companies all made progress.
The S&P 500 lost 1.54% to 3,963.94. The Dow Jones was 1.45% down to 33,849.46. The NASDAQ Composite decreased by 1.58% to 11,049.50, and the small-cap Russell 2000 fell by 2.05% to 1,830.96.
In Asia, Nikkei in Japan lost 0.51% while the Asia Dow was 0.26% up, the Hang Seng in Hong Kong climbed 4.30% and Shanghai Composite in China increased by 2.26% at 4.12 PM AEDT.
Australia’s 10-year bond yield stands at 3.61% as of 4.13 PM AEDT.
Crude Oil WTI was spotted trading at US$78.67/bbl, while brent was at US$85.15/bbl at 4.19 PM AEDT.
Gold was at US$1753.63 an ounce, copper was at US$3.67/Lbs, and iron ore was at US$100.50/T at 4.13 PM AEDT.
The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (Kalkine Media, we or us), ACN 629 651 672 and is available for personal and