Indices: Australian ASX 200
The ASX200 enjoyed a strong “Hump Day” to close up exactly 0.5% higher registering its highest close since mid-January – it’s now only 3.5% until local stocks challenge their fresh all-time highs. Again we saw the banks perform the heavy lifting with CBA rallying to within 2.6% of its December high, even after trading ex-dividend $2.00 fully franked in February, investors will receive this tasty morsel…
The ASX200 rallied another +0.86% on Tuesday helping it scale fresh 9-week highs, it might surprise many readers to know it’s now less than 4% below its 2021 all-time high – the markets literally had the kitchen sink thrown at it for the last 7-months but only the staunchest bears could argue it hasn’t performed admirably. We only saw 54% of stocks rally yesterday but when the banks remain firm and resources…
