Marcus Today End of Day Report -Monday 12th July

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ASX 200 closes up 60 points at 7333  (0.8%) unfazed by the rise in Sydney Cv19 case numbers it seems. Bank and miners led the rally with the Big Bank Basket rallying to $178.88 and BHP up 3.2% together with FMG up 3.3%. Tech stocks slightly firmer as APT rose 1% and the All Tech Index rose 0.7%. In corporate news, WES bid 138c in cash for API.

European markets expected to open flat except Italy which is still celebrating.