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Today!! It was the screw-ups that outperformed ex Ramelius (RMS)

From Market Matters
marketmatters.com.au

"It was an historic day as the ASX notched its biggest gain in over 5 years dating back to the COVID-19 pandemic. President Donald Trump’s 90 day pause on tariffs ignited equity markets around the globe and the local market was no different as the index soared +468pts on the open, until the realisation set in that tariffs on Chinese goods remain in place and were increased to 125%. The day started with no stocks in the ASX200 lower, and it finished in a similar manner and although it did surrender over 150 points from the early morning surge, the selling never really took control.

The ASX200 rose +334pts/+4.54% closing at 7709.
Technology (+7.57%), Materials (+6.32%) and Energy (+5.16%) clear outperformers.
Consumer Staples (+1.88%), Communications (+2.95%) and Industrials (+3.5%) bottom of the pack, but still strong."

[ATTACH=full]197272[/ATTACH]

<blockquote data-quote="finicky" data-source="post: 1325771" data-attributes="member: 2104">Today!! It was the screw-ups that outperformed ex Ramelius (RMS)From Market Mattersmarketmatters.com.au&quot;It was an historic day as the ASX notched its biggest gain in over 5 years dating back to the COVID-19 pandemic. President Donald Trump’s 90 day pause on tariffs ignited equity markets around the globe and the local market was no different as the index soared +468pts on the open, until the realisation set in that tariffs on Chinese goods remain in place and were increased to 125%. The day started with no stocks in the ASX200 lower, and it finished in a similar manner and although it did surrender over 150 points from the early morning surge, the selling never really took control.The ASX200 rose +334pts/+4.54% closing at 7709.Technology (+7.57%), Materials (+6.32%) and Energy (+5.16%) clear outperformers.Consumer Staples (+1.88%), Communications (+2.95%) and Industrials (+3.5%) bottom of the pack, but still strong.&quot;[ATTACH=full]197272[/ATTACH]</blockquote>

[QUOTE="finicky, post: 1325771, member: 2104"] Today!! It was the screw-ups that outperformed ex Ramelius (RMS) From Market Matters marketmatters.com.au "It was an historic day as the ASX notched its biggest gain in over 5 years dating back to the COVID-19 pandemic. President Donald Trump’s 90 day pause on tariffs ignited equity markets around the globe and the local market was no different as the index soared +468pts on the open, until the realisation set in that tariffs on Chinese goods remain in place and were increased to 125%. The day started with no stocks in the ASX200 lower, and it finished in a similar manner and although it did surrender over 150 points from the early morning surge, the selling never really took control. The ASX200 rose +334pts/+4.54% closing at 7709. Technology (+7.57%), Materials (+6.32%) and Energy (+5.16%) clear outperformers. Consumer Staples (+1.88%), Communications (+2.95%) and Industrials (+3.5%) bottom of the pack, but still strong." [ATTACH type="full"]197272[/ATTACH] [/QUOTE]

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