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Market Wrap with Grady Wulff, Market Analyst at Bell Direct

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  • ASX200: up 0.78%, 8,314

  • GOLD: $2,666 US/oz

  • BITCOIN: $168,264 AUD

  • Six sectors gained more than 1%

  • Energy dropped another 1.1%, including losses for Whitehaven Coal, which dropped 3.2%, and New Hope shed 1.4%.

  • Graphite maker Novonix secured a loan of $755 million from the US government, with shares up 3.4% today, up to 60.5 cents a share.

  • PEXA Group saw gains of 8.2% after appointing a new CEO.

  • A solid performance from the banks saw Commbank up 1.6%, NAB rising 1.5%, ANZ up 0.8% and Westpac 0.7%

  • Bega Cheese rose 3.2%, and Super Retail Group lifted 2.5%.

  • APA shares back 1.5% to $7.18.

  • GYG, Treasury Wine Estates and Mineral Resources all finished down.

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