ASX 200 finished the day up 1.29 per cent on Friday | Englishheadline


The ASX 200 finished the day up by 1.29 per cent on Friday, with mining and energy companies leading the gains.

The gains followed after a strong lead from Wall Street and a lift in commodity prices.

Iron ore price surged overnight to $US122 a tonne which was the highest level since April, due to improved steel demand in China.

Fortescue jumped four per cent, Rio Tinto gained three per cent and BHP lifted 3.5 per cent.

Losing value on Friday included waste management company Cleanaway, steel maker BlueScope, and the card payments company EML.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Most Popular

To Top
%d bloggers like this: