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20/02/2025

Mineral Resources (MIN) & RIO Tinto (RIO)

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Portfolio Positioning: Is the next chapter about to unfold for the banks?

The ASX200 finished a choppy session little changed on Tuesday, for a third straight session, amid a looming US-Iran ceasefire deadline and continued tensions over control of the Strait of Hormuz. Overall, it was a quiet session on both the stock and sector front with only the consumer staples (+0.76%) and energy sector (-0.9%) moving by more than 0.5%, with the index remaining range-bound between 8890 and 9020 for the 10th consecutive session.

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