How was your week?
It certainly feels like spring has arrived here in Melbourne and we’re looking forward to some sunny days ahead.
Great article in The West Australian on our portfolio company ASX:CDT.
It’s an exciting time for the company following the announcement on its Polelle project, which is right along the strike of ASX:GBR’s Side Well project.
You can read the article here.
In other news…
Dan Andrews has been put in the naughty corner.
The Vic Premier was slapped with a $400 fine today for skirting mask regulations.
We’re looking forward to the memes.
Have a great weekend.
Mining giant BHP helped lift the local sharemarket to gains of 0.9 per cent on Friday as the bourse shrugged off global economic worries to end the week in the green.
The ASX200 finished Friday’s session at 7320.1, pushing it to gains of 1.9 per cent for the week.
The looming debt ceiling crisis in the US caused wobbles mid-week, but all was forgotten by Friday after the US senate signed off on a plan to lift the nation’s borrowing limit enough to prevent it from defaulting on its debts until December.
Tech stocks followed their Wall Street peers higher on the news, up 1.3 per cent for Friday and powered by Afterpay, which finished the session up 2 per cent to $122.99.
The mining sector provided the biggest lift to the index, however, with BHP finishing the session up 3 per cent to $37.74. Fortescue also posted gains, up 2.4 per cent to $14.25.