ASX200 cracks 5800 (TLS)
In what was like a repeat of yesterday’s trading, the market rallied from around midday to put on over 20 points, reaching an intraday high of 5825, before closing 10 points lower. This was the highest close in almost 4 months, when the market was 5833 on the 14th of June. The best performer today were the Telcos, rising 0.76%, while the IT sector lagged, falling 0.26%. Overall today, a range of +/- 32pts, a high of 5825, a low of 5814 and a close of 5814, up 19 points or 0.34%.
ASX 200 Intraday Chart
ASX 200 Daily Chart
Telstra (TLS) closed at its highest level in over two weeks today as it lead the Telco sector. Climbing 0.86% to $3.52, TLS continues to show good signs of a recovery and we are happy holders at the moment.
Telstra (TLS) Daily Chart
Have a great Weekend all, look out for the weekend report on Sunday
The Market Matters Team
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