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The Market Wrap with Grady Wulff, Market Analyst at Bell Direct

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Uranium stocks have benefited from increased demand for the nuclear energy push around the world.

 

  • ASX200: down 0.12% to 8,531
  • GOLD: $3,384 US/oz
  • BITCOIN: $161,708
  • Boss Energy met its first-year production guidance, shares gained another 4.3% on the news to $4.66
  • Deep Yellow up almost 4%, Bannerman rising 4.8%
  • Iron ore futures slid to $92 US a tonne, which hurt our big miners.
  • BHP traded 1.2% lower, Fortescue fell 4%, while Rio Tinto lost 1.1%.
  • While down over 1% were ANZ, Origin Energy, and Qantas
  • Cochlear pushed 0.8% higher to $283.78
  • AUD/USD: 65 US cents
  • AUD/GBP: 48.3 Pence
  • AUD/EUR: 56 Euro cents
  • AUD/JPY: 94 Yen
  • AUD/NZD: 1.08 NZ dollars
 
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