Highlights
- The ASX 200 benchmark index closed in the green today (December 9), gaining 36.10 points or 0.50% to end at 7,211.60 points.
- Over the last five days, the index has lost 1.23% and 2.34% over the last 52 weeks.
- Materials was the biggest gainer, advancing 2.13%, followed by IT, which ended up 1.02%, while utilities fell 0.53%.
The ASX 200 benchmark index closed in the green today (December 9), gaining 36.10 points, or 0.50%, to end at 7,211.60 points.
Key pointers from ASX closing today
- Champion Iron Ltd (ASX:CIA) and Sandfire Resources Ltd (ASX:SFR) gained the most on the ASX today, moving ahead by 4.86% and 4.34%, respectively.
- Capricorn Metals Ltd (ASX:CMM) and Novonix Ltd (ASX:NVX) fell 4.23% and 4.00%, respectively.
- Over the last five days, the index has lost 1.23% and 2.34% over the last 52 weeks.
- Seven out of 11 sectors closed in green today.
- Materials was the biggest gainer, advancing 2.13%, followed by IT, which ended up 1.02%, while utilities fell 0.53%.
- The All-Ordinaries Index gained 0.50%.
Newsmakers
Lanthanein Resources (ASX:LNR): An first aircore drilling programme at the Koolya kaolin and high purity alumina (HPA) project in Western Australia has been finished by Lanthanein Resources.
The first pass, widely spaced programme, which covered 15 kilometres of potentially kaolin-rich granite and involved 599 metres of drilling, apparently intersected significant amounts of kaolin.
CardieX (ASX:CDX): ATCOR, a division of CardieX, has signed a new contract for clinical trial services for its XCEL devices and data management services.
According to the agreement, ATCOR's goods and services will be applied throughout brand-new international clinical research.
Global markets
At the conclusion of a difficult week for investors, the Australian market failed to hold onto its early gains. Since last Friday, US markets have been slowly falling until mounting a shaky overnight recovery.
The S&P 500 gained 0.75% to 3,963.51. The Dow Jones was 0.55% up to 33,781.48. The NASDAQ Composite increased by 1.13% to 11,082.00, and the small-cap Russell 2000 fell by 0.63% to 1,818.29.
In Asia, Nikkei in Japan gained 1.25%, the Asia Dow was 1.70% up while the Hang Seng in Hong Kong climbed 1.77% and Shanghai Composite in China increased by 0.073% at 4.16 PM AEDT.
Bond yields
Australia’s 10-year bond yield stands at 3.29% as of 4.17 PM AEDT.
In commodities markets
Crude Oil WTI was spotted trading at US$72.14/bbl, while brent was at US$76.67/bbl at 4.18 PM AEDT.
Gold was at US$1796.81 an ounce, copper was at US$3.91/Lbs, and iron ore was at US$110.00/T at 4.18 PM AEDT.