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Market Index  - Thursday Evening Wrap


The S&P/ASX 200 closed 127.6 points higher, up 1.65%.

                                                                                                          

How sweet it is. +127 of the best of them today.

And you would have to be pretty unlucky to have any stocks in your portfolio that actually went down – such was the magnitude and broad-based nature of today’s rally (Ok, I knew YOU 🫵 would be the only one to contradict that statement! Unluckiest investor in the world…)

With interest rate cut expectations on the rise, naturally it was the key "interest rate sensitives" as I like to call them of Property, Technology, and Consumer Discretionary which dominated the winners list today.

There was one notable laggard, though. I wonder if you can guess who it was?

Let's dive in!


[URL unfurl="true"]https://www.marketindex.com.au/news/evening-wrap-asx-200-surges-nears-record-as-investors-scramble-into-property[/URL]


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