A relentless march to another record high for the ASX today despite thin volumes ahead of key US payrolls data tonight.

A relentless march to another record high for the ASX today despite thin volumes ahead of key US payrolls data tonight. It was the third consecutive weekly gain for the local market. Banks were, once again, in the thick of it with all majors closing up more than 1% and energy stocks were up on renewed optimism around the oil price. CSL also has a good day perhaps by helped by a sharp fall in the AUD overnight. Materials, particularly gold miners were hardest hit as a higher US dollar weighed on commodity prices. Our top three stocks today are:

Triple threat; Gaurav Sodhi's buy and avoid list

Buyer beware; Carl is left speechless by AMC's latest warning

Dawes' daily dose of stock buys


 

See acast.com/privacy for privacy and opt-out information.

More from The COB from ausbiz

  1. 12:58The S&P/ASX200 closed about 0.1% higher on Wednesday after breaking through to the other side of 7400 for the first time...Jun 16, 2021
  2. 06:36The big names pushed the local bourse to another record high today with the ASX 200 flirting with 7,400. It eventually closed up 0.92% at 7,379.50...Jun 15, 2021
  3. 10:19Another record close for the ASX 200 of 7,312.3 - up 0.13%. Thin volumes ahead of the long weekend.Jun 11, 2021
  4. 13:09A milestone for the ASX 200 - closing above 7,300 for the first time. REITs and tech were the day's winners with utilities also performing strongly.Jun 10, 2021
  5. 09:59The S&P/ASX200 closed lower Wednesday, shedding 0.3% to finish at 7270.20 after the index casually hit fresh record highs in morning trade. Tech stocks were troubling, with Altium Ltd (ALU) and Wistech Global (WTC) the most troubled - down 7.5% and 4% respectively...Jun 09, 2021
  6. 10:56Yet another all-time high for the ASX 200 today. The major index hit 7,315.6 before retreating to close at 7,292.6 - a rise of 0.15%.Jun 08, 2021
  7. 10:53An early session slide kept the ASX 200 in the red for most of the day with the index closing down 0.2%Jun 07, 2021
  8. 06:20A relentless march to another record high for the ASX today despite thin volumes ahead of key US payrolls data tonight.Jun 04, 2021
  9. 11:06A record high for the ASX 200 today, closing up 0.6% at 7,260.1. Energy, tech, utilities and banks the big winners, helping the local bourse to outperform its regional counterparts.Jun 03, 2021
  10. 15:51An all-time high for the S&P/ASX200 - the index gaining a healthy 1.05% with miners and energy coming to the party...Jun 02, 2021