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The Market Wrap with Scott Phillips – CIO, The Motley Fool

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With Russia potentially limiting its exports of uranium, could Australian miners be the ones to benefit in the long run?

MARKET WRAP:

    • ASX200: up 1.10%, 8,075
    • AUD: 66.72 US cents
    • GOLD: $2,545 US/oz
    • BITCOIN: $87,192 AUD
  • Wisetech Global raced to a new record high, up another 3.5% to $131.64
  • Appen jumped over 16% after further market excitement over the direction of AI.
  • Uranium miners Deep Yellow rising 13.5%, Paladin gaining 9.1% and Bannerman Energy up 13.3%
  • Commonwealth Bank up 1.4%
  • Goodman Group rising 2.4% 
  • Fortescue lifting 2.2%
  • Nine Entertainment shed 2.8% after CEO Mike Sneesby announced he would be stepping down.
  • Brickworks sank by 1.8% to $25.57 after it said a non-cash impairment charge of $172.4 million would affect its results.
  • And BHP dropped 1.4% as it went ex-dividend.

CURRENCY UPDATE:

  • AUD/USD: 66.75 US cents
  • AUD/GBP: 51.2 pence
  • AUD/EUR: 60 Euro cents
  • AUD/JPY: 95 Japanese yen
  • AUD/NZD: 1.08 NZ dollars
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