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The Market Wrap with Tony Sycamore, Market Analyst, IG Australia

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Weaker performance by the energy companies across this year was helped with a jump in the oil price overnight.

 

MARKET WRAP:

  • ASX200: down 0.28%, 8,330

  • GOLD: $2,751 US/oz

  • BITCOIN: $156,644 AUD

  • Tech reversed its recent falls, staying green as the two biggest companies Wisetech and Xero finished higher. 

  • A lift in the spot price of gold back over $2700 US an ounce helped local miners today.

  • Perseus and Regis both rose 0.7%, and Evolution was up 0.6%.

  • Also rising by more than 1% were Suncorp, Qantas and Pro Medicus.

  • Downer shares fell 6% to $5.37, while Ventia lost more than 22% to finish at $3.33.

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