Enter your details to join our mobile app waitlist and receive early access to the Bell Direct App.
The ASX200 lifted 26 points or 0.34%, which marks the third straight gain, with the market now tracking 1.5% higher for the month of October. Sectors wise, the energy sector rose the most, up 2.6%, fuelled by further gains in oil prices. The tech sector fell the most, down 0.7%.
The best and worst performers of the ASX200 yesterday included Mineral Resources (ASX:MIN) on top of the leader board, after the company announced that operations would restart at the Wodgina Lithium Mine, in the Pilbara region of WA. The worse performing stock was Perpetual (ASX:PPT), which was down 5%, and this may be due to profit taking after its strong gains last week.
In the US, equities rose to record highs on Monday as investors prepare for a huge week of earnings from heavyweight tech companies. The Dow and S&P500 both closed at record highs and the Nasdaq lifted 0.9%, taking it just 1% off its record high.
Following the gains on Wall Street, the futures are suggesting the Aussie share market will open 0.19% higher this morning.
What to watch today:
Trading ideas:
Notifications