Evening Wrap: ASX 200 higher, uranium stocks rally + How low can coal go?

The S&P/ASX 200 closed 34 points higher, up 0.48%.

The local sharemarket finished a volatile week on a strong note but still down 0.1%, uranium stocks stage a V-shape bounce after the Namibian nationalisation rumours on Wednesday, the RBA is expected to pause next week despite the hotter-than-expected inflation print earlier this week and how low can coal prices go?

Let’s dive in.

Today in ReviewFri 02 Jun 23, 4:16pm (AEST) Name Value % Chg Major Indices ASX 200 7,145.1 +0.48% All Ords 7,331.2 +0.56% Small Ords 2,831.6 +0.84% All Tech 2,405.0 +0.60% Emerging Companies 2,057.9 +1.81% Currency AUD/USD 0.6612 +0.66% US Futures S&P 500 $4,235.75 +0.18% Dow Jones $33,164.0 +0.18% Nasdaq $14,500.0 +0.19% Name Value % Chg Sector Materials 17,644.0 +2.44% Energy 10,806.2 +1.23% Information Technology 1,798.0 +0.66% Utilities 8,623.1 +0.58% Real Estate 3,119.3 +0.53% Consumer Discretionary 2,901.8 +0.09% Financials 6,019.2 -0.18% Communication Services 1,554.5 -0.47% Industrials 6,785.7 -0.50% Health Care […]

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