Evening Wrap: ASX 200 dips on Mid-East concerns, but energy, uranium, and resources stocks enjoy big gains

The S&P/ASX 200 closed 10.7 points lower, down 0.13%.

A small pullback today to add to yesterday’s modest decline. Call it a breather. Certainly, given events in the Middle East it could have been much worse today .

The fact it wasn’t can be put down to a resurgent Energy sector (on a rising crude oil price) and continued strength in Resources stocks (still basking in the warm afterglow of Chinese stimulus measures and further promises thereof!).

There were losers today, though, as previously strong sectors like Consumer Discretionary and Technology bore the burnt of what selling there was.Click/scroll through for the usual reporting of the major sector and stock-specific moves, the broker responses to them, as well as all of the key upcoming economic data in tonight’s Evening Wrap. Also, I have detailed technical analysis on Crude Oil, Gold, and Silver in today’s ChartWatch .Let’s dive in! Today in Review […]

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