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The Market Wrap with Elio D'Amato, Stockopedia

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Christmas & Black Friday sales make up a huge proportion of shopping for the year, but will purchases this year move the market in any significant way?

 

MARKET WRAP:

 

    • ASX200: up 0.13%, 7,058
    • AUD: 65.48 US cents
    • GOLD: $1,982 US/oz
    • BITCOIN: $56,760 AUD

 

  • The oil price rebounded over fears of OPEC cuts
  • Woodside, Santos, Ampol and Beach all up by around one percent. 
  • Karoon Energy was a standout, leaping around 3.5% to $2.12 a share.
  • Paladin Energy is 3 percent higher at $1.00
  • Whitehaven Coal was up 2.3 per cent to $6.90 
  • Allkem was up 2.2 per cent.
  • Heading backwards today though was Mercury NZ, which fell more than 5% to $5.46
  • Northern Star Resources down 2.5 per cent to $11.46.
  • Athlete’s Foot owner Accent Group has dropped 8 per cent to $1.77
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