Closing Bell: Resources to the ASX rescue, but it’s uranium that’s gone nuclear

ASX 200 closes 0.46% higher after building up slowly all day

Uranium goes off. Materials, Finance Sectors call the shots

Small caps led by an all uranium cast, including

Australian shares have been lifted despite a mixed overnight lead from very mixed US investors. But while they slept fitfully, agonising over the meaning of the latest CPI read stateside, a resolute ASX went to work.Buoyed by this morning’s jobs data and driven by enthusiastic performances from the Materials, Banks and Energy Sectors, the benchmark ended Thursday in the green by circa 0.6%.Late to the party, but the major iron names have turned around yesterday’s losses It’s the resources sector which has supercharged business on Thursday, with the ol’ familiar big name’s like Fortescue Metals Group (ASX:FMG) up over 3.1% this morning, while buddies across coal – Whitehaven Coal (ASX:WHC) , New Hope Corp (ASX:NHC) and Yancoal Australia […]

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