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The COB from ausbiz
It was a strong start to the New Year with the ASX up 1.4%. Materials (we're looking at you gold miners & Fortescue) and consumer-related companies led the charge
Season 1, Ep. 165
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And hello 2021! It was a strong start to the New Year with the ASX up 1.4%. Materials (we're looking at you gold miners & Fortescue) and consumer-related companies led the charge. Commodities extended gains on hopes for a Democratic win in Georgia's run-off elections, which could see bigger stimulus cheques and infrastructure spending fast-tracked in the first quarter. The energy sector kept pace ahead of the OPEC+ meeting, while the infotech sector lagged.
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Striking gold in the Red River
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