Australia

S&P/ASX 200 gets off to a positive start for the week; gains 1.3%

S&P/ASX 200 (INDEXASX:XJO) gained 70 points or 1.3% to 5461 as the state governments ease lockdown restrictions and the US futures also pointing higher.

The ASX enjoyed positive sentiment as most Asian markets rose and Australia reported just 12 new COVID-19 cases across the country.

The hopes of governments around the world easing restrictions and allowing for economies to re-open is keeping market sentiment buoyant.

Broad-based gains[hhmc]

Gains were broad-based with every sector improving with the energy, industrials, property and technology sectors leading the way.

Archer Materials Ltd (ASX:AXE) closed 41.5% higher at 46 cents while Trigg Mining Ltd (ASX:TMG) gained about 26% to 8.2 cents.

Other stocks which made gains for the day include Technology Metals Australia Ltd (ASX:TMT) up 13%, Euro Manganese Inc (ASX:EMN) gaining 10%, Salt Lake Potash Ltd (Read More – Source

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Proactiveinvestors

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Australia

S&P/ASX 200 gets off to a positive start for the week; gains 1.3%

S&P/ASX 200 (INDEXASX:XJO) gained 70 points or 1.3% to 5461 as the state governments ease lockdown restrictions and the US futures also pointing higher.

The ASX enjoyed positive sentiment as most Asian markets rose and Australia reported just 12 new COVID-19 cases across the country.

The hopes of governments around the world easing restrictions and allowing for economies to re-open is keeping market sentiment buoyant.

Broad-based gains[hhmc]

Gains were broad-based with every sector improving with the energy, industrials, property and technology sectors leading the way.

Archer Materials Ltd (ASX:AXE) closed 41.5% higher at 46 cents while Trigg Mining Ltd (ASX:TMG) gained about 26% to 8.2 cents.

Other stocks which made gains for the day include Technology Metals Australia Ltd (ASX:TMT) up 13%, Euro Manganese Inc (ASX:EMN) gaining 10%, Salt Lake Potash Ltd (Read More – Source

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[contfnew]

Proactiveinvestors

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