Market Close 06 Nov 25: Miners snap 3-day losing streak

Local shares bounced back from a two-month low on Thursday, with miners leading the charge. The ASX 200 lifted about a third of a per cent, supported by gains in gold and iron ore prices. Materials stocks were easily the day’s best performers, up around 1.5 per cent, with names like Emerald, Ramelius and Bellevue all climbing strongly. But it wasn’t all positive as NAB dragged the broader market lower after falling more than 3 per cent despite hitting a record high earlier in the day. Westpac slipped after going ex-dividend, and James Hardie tumbled more than 10 per cent after being dropped from a key index. The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.