ASX 200 Index Sees Boost from Tech and Real Estate Sectors

Wednesday, 17 July 2024, 06:19

The ASX 200 index experiences upward momentum driven by strong performances in the technology and real estate sectors. Key highlights include BHP reporting a record-breaking iron ore exports, plans for increased copper production, Cettire's positive outlook with revenue growth and expanding customer base ahead of their FY24 report, gold prices hitting new highs, and New Zealand's Q2 inflation moderating, potentially leading to rate adjustments. Stay informed with the latest developments in the market.
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ASX 200 Index Sees Boost from Tech and Real Estate Sectors

ASX 200 Update

The ASX 200 index shows positive growth driven by the technology and real estate sectors, reflecting market optimism.

Highlights:

  • BHP achieves a milestone in iron ore exports and plans for enhanced copper production.
  • Cettire showcases strong revenue growth and broadening customer base prior to their FY24 report.
  • Gold prices surge to record levels, indicating investor interest in safe-haven assets.
  • New Zealand's Q2 inflation slowdown may impact future rate decisions, suggesting potential market adjustments.

Stay updated with the latest market trends and insights to make informed investment decisions.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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