Closing Bell: ASX closes the week 1.4pc higher, led by uranium

Yeap there’s uranium all right Pic: Family Guy/Fox Television share

The ASX closed the week on a positive note, gaining 0.50% to close 1.4% higher than last week.

The ASX 200 closed at 7,523 while the ASX Emerging Companies Index rose 2.09% to close at 2,431.

Most sectors closed positive with materials the best sector gaining 1.17% while tech was the only major laggard, retreating 0.76%. TODAY’S BIGGEST WINNERS Scroll or swipe to reveal table. Click headings to sort. ASX investors woke this morning to news that the spot uranium price went above US$37/lb for the first time in six years.Literally all of the ASX’s uranium stocks gained with the best being 92Energy (ASX:92E) which gained over 60%. Ballymore Resources (ASX:BMR) , a Queensland focused gold and base metals exploration company, rose 75% on its ASX debut . TODAY’S BIGGEST LOSERS Scroll or swipe to reveal table. Click headings to sort. […]

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