Friday 27th September - ASX +6pts, Material stocks continue to fire - Market Matters

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27/09/2024

Friday 27th September – ASX +6pts, Material stocks continue to fire

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The ASX200 closed down another -0.2% on Wednesday, but this time it bounced well off its lows to close near its intra-day high, helped by a strong rally by the miners throughout the day. At the end of the session, the materials sector was the only one of the eleven to advance, but its +1.6% rise was enough to offset much of the broad-based losses spearheaded by the healthcare and energy stocks.

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