Australian Indices Continued its Bull Run Led By Energy & Mining Stocks

On 25th October 2021, the Australian market ended in a positive note, primarily influenced by spike in energy and basic material stocks. Notably, ASX 20 and ASX 200 ended at 4,088  and 7,441, respectively. Also, ASX 300 moved by 0.37% and ASX MIDCAP50 increased by 0.48%.

Data Source: ASX; Table Source: Copyright © 2021 Kalkine Media

Performance of Indices:

ASX Midcap 50 Index closed at 9,421.10 points. This reflects a rise of ~20.90% in the past 1 year. 

S&P/ASX 200 vs S&P/ASX Midcap 50 Index vs ASX Small Ordinaries Index – One Year Return

Source: REFINITIV

Gainers and Losers:

Mineral Resources Limited (ASX: MIN) announced a decision by the MARBL; a Lithium Joint Venture, to restart operations at the Wodgina Lithium Mine (Wodgina), in the Pilbara region of Western Australia. The stock rose by 8.96% and settled at $42.91 after the announcement. 

Data Source: ASX; Table Source: Copyright © 2021 Kalkine Media

Movement on Wall Street:

On 22nd October 2021, NASDAQ Composite declined 0.82% to 15,090.20. Notably, Dow Jones Industrials Average surged by 0.21% to 35,677.02.

Note: The reference data in this article has been partly sourced from REFINITIV

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