ASX recoups losses to finish flat as gold miners, tech stocks gain
However, six of the bourse’s 11 industry sectors still finished in the red. The local market dipped by 0.1 per cent on Monday. The Australian dollar was trading at US70.18¢.AI stocks on Wall Street recovered some of their heavy losses from Friday, which also helped the local tech sector.BloombergTech stocks led the session’s gains after their peers on Wall Street stabilised following their sell-down last week.
- ▪However, six of the bourse’s 11 industry sectors still finished in the red.
- ▪The local market dipped by 0.1 per cent on Monday.
- ▪The Australian dollar was trading at US70.18¢.AI stocks on Wall Street recovered some of their heavy losses from Friday, which also helped the local tech sector.BloombergTech stocks led the session’s gains after their peers on Wall Street s
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Excerpt limited to ~120 words for fair-use compliance. The full article is at The Sydney Morning Herald.