Market Close 17 Mar 25: Aussie stocks bounce back from a 4 week slump

The Aussie market kicked off the week with strong gains, rising 0.7% on Monday, marking its second consecutive day of growth. A rebound in U.S. markets, hopes of Chinese stimulus, and rising commodity prices helped fuel the rally, with energy and mining stocks leading the charge. Notable winners included Mineral Resources, A2 Milk, and Woodside Energy, while gold miners and NAB lagged behind. Meanwhile, China’s latest data showed mixed signals, with retail spending improving but property-related indicators remaining weak. Investors are eyeing key events this week, including Australia’s jobs report, and central bank meetings from the U.S.     The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.

There are no comments yet.

Please log in to write the first comment.