Description
The ripples of the US election continue, with the appointment of RFK Jr to the Health Department potentially causing headaches for companies like CSL.
MARKET WRAP:
ASX200: up 0.18%, 8,300
GOLD: $2,587 US/oz
BITCOIN: $142,098 AUD
BHP 0.7% higher, Fortescue up 1.2% and Rio Tinto up 2.2%.
Coal miner New Hope saw its shares gain 2.3% to $4.81 after it reported a jump in production growth, higher prices and lower costs across the first quarter.
Paladin and Boss Energy were up 5.5% and 7.3% respectively following a decision by Russia late last week to limit exports of nuclear fuel to the US.
Lovisa dropped 3.8% and Cettire down 4%.
Life360 was down 6.7% after its co-founder & CEO sold off shares in the company.
While there was a fall of 1.7% for CSL & 2.2% for REA Group.
CURRENCY UPDATE:
AUD/USD: 64.57 US cents
AUD/GBP: 51.1 pence
AUD/EUR: 61 Euro cents
AUD/JPY: 100 Japanese yen
AUD/NZD: 1.10 NZ dollars
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