Evening Wrap: ASX 200 sees soggy end to week, but gold and uranium stocks just magnificent

In many ways it was a soggy end to the week, with the benchmark S&P/ASX 200 logging consecutive losses to pare back Monday-Wednesday’s gains to just 15 points.

But, as was the case most days this week, beneath the surface of a mundane benchmark were some rampaging moves in commodities stocks. They took turns, with iron ore, copper, and even lithium stocks getting a run at some point.

But consistently strong, were gold stocks – no surprise given the gold price continues to hover around record highs. Today, they were joined by uranium stocks, which were to say the least, magnificent.

Let’s dive in! Markets S&P ASX 200 (XJO) Intraday Chart 12 Apr 2024 ASX 200 Session ChartThe S&P/ASX 200 ( XJO ) finished 25.5 points lower at 7,788.1, 0.29% from its session low and 0.33% from its high/low. In the broader-based S&P/ASX 300 ( XKO ), advancers lagged decliners by […]

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