Marcus Today End of Day Report -Monday 24th May
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ASX 200 closes up 16 to 7046 in convictionless trade. Big iron ore miners fell as China continues to talk down commodity prices, BHP off 1.8%, FMG down 4.2% with second line gold miners doing well today led by BGL up 7.4% and SLR up 5%. Banks continue to attract buyers with the Big Bank Basket up to $179.55. KGN bounced hard today up 14.7% and NXL rallied 3.1% on increased corporate governance. Nothing on the economic front. Dow futures up 133.
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