Evening Wrap: ASX 200 closes out solid recovery week with another gain as energy, uranium, and gold stocks star

It was a relatively quiet end to what will go down as a very good week for Aussie investors. Look at a chart of the S&P/ASX 200 and you’ll see this week’s gain couldn’t have come at a better time, as the price of the benchmark was teetering in the wake of April’s sharp correction.

Resources stocks were again in focus today, as increases in the prices of crude oil, natural gas, gold, and silver stoked big gains in each of those areas of the market. Uranium stocks bounced back nicely after their pullback yesterday.

For all of the key moves, news, and analysis…

Let’s dive in! Markets S&P ASX 200 (XJO) Intraday Chart 10 May 2024 ASX 200 Session ChartThe S&P/ASX 200 ( XJO ) finished 27.4 points higher at 7,749.0, 0.35% from its session low and 0.25% from its high. In the broader-based S&P/ASX 300 ( XKO ), advancers […]

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