ASX Market Close: Index rises for 8th straight session as miners bounce back | August 20, 2024

The Market Herald08-20

The ASX200 closed up 0.22% at 7,997.70 points in a day of flat trading. Mining stocks rebounded leading the bourse higher after a bounce in the iron or price last night. Stocks rose in early trade ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2460003795?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-08-20 14:50","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2460003795","market":"hk","top_or_hot":-1,"title":"ASX Market Close: Index rises for 8th straight session as miners bounce back | August 20, 2024","media":"The Market Herald","content":"<div>\n<p>The ASX200 closed up 0.22% at 7,997.70 points in a day of flat trading.\nMining stocks rebounded leading the bourse higher after a bounce in the iron or price last night. Stocks rose in early trade ...</p>\n\n<a href=\"https://themarketonline.com.au/asx-market-close-index-rises-for-8th-straight-session-as-miners-bounce-back-august-20-2024-2024-08-20/\">Source Link</a>\n\n</div>\n","source":"markerherald_stock","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>ASX Market Close: Index rises for 8th straight session as miners bounce back | August 20, 2024</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nASX Market Close: Index rises for 8th straight session as miners bounce back | August 20, 2024\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-08-20 14:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://themarketonline.com.au/asx-market-close-index-rises-for-8th-straight-session-as-miners-bounce-back-august-20-2024-2024-08-20/><strong>The Market Herald</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The ASX200 closed up 0.22% at 7,997.70 points in a day of flat trading.\nMining stocks rebounded leading the bourse higher after a bounce in the iron or price last night. Stocks rose in early trade ...</p>\n\n<a href=\"https://themarketonline.com.au/asx-market-close-index-rises-for-8th-straight-session-as-miners-bounce-back-august-20-2024-2024-08-20/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7144","symbol_name":"住宅房地产投资信托","start_time":0,"source_url":"https://themarketonline.com.au/asx-market-close-index-rises-for-8th-straight-session-as-miners-bounce-back-august-20-2024-2024-08-20/","article_id":"2460003795","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2460003795","pubTimestamp":1724136600,"sourceInfo":{"source_id":"markerherald_stock","name":"The Market Herald"},"weMediaInfo":null,"summary":"The ASX200 closed up 0.22% at 7,997.70 points in a day of flat trading.Mining stocks rebounded leading the bourse higher after a bounce in the iron or price last night. Stocks rose in early trade before paring soft gains after the release of the RBA Board meeting minutes.The RBA minutes reveal the central bank remains hawkish and expects rates to remain higher for longer. But Goldman Sachs attribute little weight to RBA guidance and expects rates to be eased by February.IT was the best performer up 1.3%, followed by Utilities and Materials – both 0.9%. Real Estate had a shocker, falling around 1.5%.Ingenia Communities Group closed up around 5.5% on the back of FY24 results. The results beat consensus expectation with a 20% increase in revenue and a 17% increase in earnings. Investors reacted by bidding up the stock.St George Mining  closed up 5.7% after appointing highly experienced in-country leadership to drive forward its high-grade Araxá Niobium Project.Iress  is down another 7.8% ","collect":0,"end_time":0,"defaultTopTitle":"themarketonline.com.au","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK7144":"住宅房地产投资信托","BK7016":"应用软件","INA.AU":"INGENIA COMMUNITIES GROUP","BK7055":"建筑与工程","MND.AU":"MONADELPHOUS GROUP LTD","BK7083":"煤与消费用燃料","BK7509":"中概股","IRE.AU":"IRESS LTD","BK7159":"多户式住宅房地产信托","BK7095":"多种金属与采矿","BK7503":"科技股","YAL.AU":"YANCOAL AUSTRALIA LTD","BK7064":"综合支持服务","SGQ.AU":"ST GEORGE MINING LTD","MAD.AU":"MADER GROUP LTD"},"translate_title":"澳大利亚证券交易所收盘：随着矿商反弹，指数连续第八个交易日上涨2024年8月20日","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"INA.AU":1,"IRE.AU":1,"MAD.AU":1,"MND.AU":1,"SGQ.AU":1,"YAL.AU":1},"content_text":"The ASX200 closed up 0.22% at 7,997.70 points in a day of flat trading.\nMining stocks rebounded leading the bourse higher after a bounce in the iron or price last night. Stocks rose in early trade before paring soft gains after the release of the RBA Board meeting minutes.\nThe RBA minutes reveal the central bank remains hawkish and expects rates to remain higher for longer. But Goldman Sachs attribute little weight to RBA guidance and expects rates to be eased by February.\nIT was the best performer up 1.3%, followed by Utilities and Materials – both 0.9%. Real Estate had a shocker, falling around 1.5%.\nIn the Green\nEngineering company Monadelphous (ASX:MND) jumped up more than 10% after reporting FY24 results.\nThe company’s profit rose 16.2% to $62.2 million and revenue climbed 11% to $2 billion.\nMonadelphous closed at $13.10.\nIngenia Communities Group (ASX:INA) closed up around 5.5% on the back of FY24 results. The results beat consensus expectation with a 20% increase in revenue and a 17% increase in earnings. Investors reacted by bidding up the stock.\nIngenia Communities closed at $5.36.\nSt George Mining (ASX:SGQ) closed up 5.7% after appointing highly experienced in-country leadership to drive forward its high-grade Araxá Niobium Project.\nBoth leaders have extensive experience at CBMM, the world’s largest niobium producer.\nSt George Mining closed at 3.7 cents.\nIn the Red\nYancoal (ASX:YAL) closed down 14.5% after releasing its half year results last night. Investors were not impressed with a 21% in revenue and a 57% fall in profit.\nYancoal closed at $5.95.\nIress (ASX:IRE) is down another 7.8% after releasing results yesterday. The results did not meet consensus expectations and investors have some doubts over forward guidance.\nIress closed at $9.61.\nMader (ASX:MAD) dived more than 11% on the back of its FY24 results. Despite exceeding guidance, the results did not meet investor expectations. The market responded by aggressively selling down the stock.\nMader closed at $5.70.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.0","shortVersion":"4.29.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2460003795"}