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

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Jim Chalmers has stepped in with the ASX over a decision to let James Hardie shift its primary listing to the NYSE

MARKET WRAP:

  • ASX200: down 0.60%, 7,968
  • GOLD: $3,351 US/oz
  • BITCOIN: $144,769 AUD

 

  • James Hardie’s shares rose by more than 2% to $36.38 
  • BHP rose 0.9% to $38.06 and Fortescue rose more than 1% to $15.52.
  • PWR Holdings recovered from earlier losses after announcing its CEO is taking temporary medical leave shares rose by more than 5% to $1.51%
  • Woodside closed down 2% to $20.01, Santos down more than 1% to $5.88
  • Generation Development Group shares fell more than 14% to $4.13 
  • Technology One falling 1.7% to $28.05

CURRENCY UPDATE:

  • AUD/USD: 63.8 US cents
  • AUD/GBP: 48.0 pence
  • AUD/EUR: 56 Euro cents
  • AUD/JPY: 90 Japanese yen
  • AUD/NZD: 1.06 NZ dollars
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