ASX 200 closes the day up 0.35 per cent on Tuesday

ASX 200 closes the day up 0.35 per cent on Tuesday

let’s get across the market so with
Edward boy Ed choppy day for the market
overall it sure was Ross bit of a
strange day it opened higher turned
negative then fought back Industrials
and utilities were the big sectors
dragging the market down mining stocks
and property rates helped boost the
asx200 the weaker that expected retail
sales numbers they didn’t really have
too much of an impact on share trading
you can see the asx200 finished the day
up
35% lithium mining company oigo was one
of the top performers after releasing
its quarterly production report it’s
said nickel and lithium prices remained
subdued and sales were lower which
resulted in iGo posting a loss of 15
million uh but the market seemed alike
it they were up 7.3% infam formula maker
A2 milk lifted as well along with Real
Estate Investment Trust vwp other tops
included the Gold Miner Resolute rare
Earth’s minor Linus and Australia’s
third largest iror minor forc medals
that could be because BHP and its joint
venture partner varet have offered $39
billion to settle the Brazilian samarco
mine disaster for to skew up about 1 and
a half there Professional Services
Company warley it got crunched after one
of its major shareholders from Dubai
sold its 19% stake uh medicine makeer
mea blast drop too and the fuel refining
and retailing business and pole was off
about 3.3% and here’s a quick look at
the Aussie dollo it’s been trading above
100 Japanese Yen for the past few days
strongest star dollar has been against
the end since 2014 great time to go to
Japan currently buying 102 Yen so Ross
really good news if you’re going over
there right now onto the booking SES
tonight I think Ed that’ll be a good
idea

Sky News Business Reported Ed Boyd says the ASX 200 opened higher then turned negative on Tuesday before fighting back, finishing the day up 0.35 per cent.

Industrials and utilities were the big sectors dragging the markets down, while mining stocks and property stocks helped boost the market.

Lithium mining company IGO was one of the top performers, rising 7.33 per cent.

Other tops included gold miner Resolute, which was up 0.59 per cent and rare earth miner Lynas, which lifted 2.02 per cent.

Bottom performers include professional services company Worley, which fell 7.48 per cent after one of its major shareholders from Dubai sold its 19 per cent stake.