The S&P/ASX 200 finished dead flat today, giving up earlier gains that saw the index briefly hit a fresh intraday record high

The S&P/ASX 200 finished dead flat today, giving up earlier gains that saw the index briefly hit a fresh intraday record high.Banks and insurers were the big winners for the session, boosted by a large lift in bond yields following a stronger-than-expected US nonfarm payrolls report on Friday. Suncorp’s full year results also impressed the market, helping the broader financials sub-index to a gain of more than 1%. Suncorp alone added 8.2%, making it the top performer on the ASX200.Gold miners were crunched by a sharp 7% plunge in bullion prices in early Asian trade. Continuing the theme from Friday, the iron ore miners remained under pressure from further weakness in futures trade in China. Hosted on Acast. See acast.com/privacy for more information.