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Thursday 13 June 2024

The Stock Network: Weekly stockwrap

Aussie shares had a soft end to a mainly positive week, that’s after the US Federal Reserve warned we may need more patience to rein in inflation. Over the week utilities, miners and energy were strong, and tech stocks backflipped from last week to end lower. This week data centres owner and operator NextDC said it’s raising $1.32 billion to expand in Sydney and Melbourne. Today, the Board of Boral got behind a revised bid from Seven Group and also, Far Northern Resources listed on the ASX with a ticker code of FNR.

#ASX #ASXstocks #IPO #mining #fintok #finance #stocks #tech #techstocks

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