Shares gain; Boral ups guidance, uranium sinks, bitcoin price surges

“Historically services inflation typically runs above goods price inflation,” said Ms Bullock. “So we don’t necessarily need services inflation to be at the mid-point of our current range to meet our target we do need it to be a little lower than it currently is to meet our target [of price stability],” said Ms Bullock.

10.08AM – Feb 9, 2024 Shares add 0.1pc; Boral jumps

Tom Richardson

The S&P/ASX 200 traded up 0.1 per cent to 7645.4 points in early trade, with building materials business Boral surging 11.1 per cent after it lifted its profit guidance for financial 2024.A late rally on Wall Street took the S&P 500 above 5000 points for the first time in history to a high of 5000.40 points. At the close North America’s benchmark index retreated slightly to finish up 0.06 per cent at 4997.91 points. The Nasdaq added 0.24 per cent to 15,793 points.The […]

Click here to view original web page at www.afr.com

About the author: StockMan

Please remember:

The information provided here is for general knowledge and educational purposes only.
It is not intended to be a substitute for professional financial advice.
Every individual's financial situation is unique, and what works for one person may not work for another.
Before making any investment or financial decisions, you should always consult with a qualified financial advisor who understands your specific circumstances and goals.

Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, should never be acted upon. Please be aware that any information posted on this site should not be considered to be financial advice and i am not a financial advisor.