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Miners lead positive week for local market

A positive mood on Friday lifted the benchmark Australian index, the S&P/ASX 200 (INDEXASX: XJO), by 92.5 points, or 1.3%, to 7,279 points, in its best day since July. That helped push the index to a 1.7% rise for the week.

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Jobs data points to rate rise

The Australian August job report blew expectations out of the water, with 64,900 jobs created in the month, well above the 23,000 anticipated by economists.

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6 trends driving uranium higher

Both uranium equities and the uranium price have been marching higher in recent weeks. Numerco’s uranium spot price indicator closed at US$58.25 last Friday, up 19.8% so far in 2023.

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Miners lead positive week for local market

A positive mood on Friday lifted the benchmark Australian index, the S&P/ASX 200 (INDEXASX: XJO), by 92.5 points, or 1.3%, to 7,279 points, in its best day since July. That helped push the index to a 1.7% rise for the week.

Listen now

6 trends driving uranium higher

Both uranium equities and the uranium price have been marching higher in recent weeks. Numerco’s uranium spot price indicator closed at US$58.25 last Friday, up 19.8% so far in 2023.

Listen now
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