Australia 200 stocks
\nBanking sector<\/p>\n
It was a good day for the big banks, which appear to have bottomed out in late July and are never too far from the action on days with significant index<\/a> changes.<\/p>\n Consumer discretionary sector<\/p>\n Benefiting from the prospect of rate cuts both locally and internationally, interest-sensitive sectors, particularly consumer-facing and real estate stocks, outperformed.<\/p>\n Energy sector<\/p>\n Telix Pharmaceuticals<\/a> dived 10.83% to $17.84 after warning of higher operating expenses in the first half.<\/p>\n Healthcare sector<\/p>\n Silex Systems<\/a> gained 10% to $4.80 after announcing that Global Laser Enrichment, a joint venture with Cameco, has been invited to bid<\/a> for up to US$900 million in funding from the US Department of Energy\u2019s Low-Enriched Uranium (LEU) Enrichment Acquisition Program.<\/p>\n Mining stocks<\/p>\n The big mining stocks advanced as the dust settled on the shakeout following Rio Tinto’s<\/a> disappointing earnings surprise last week.\u00a0<\/p>\n Mineral Resources<\/a> gained 6.73% to $32.82, on track for its first daily close above $32.00 since mid-February Real estate<\/p>\n Technology sector<\/p>\n The Australia 200 information technology (IT) sector followed suit, rising 1.8% to 3013 \u2013 just shy of last week\u2019s record high of 3057.<\/p>\n Australia 200 technical analysis<\/p>\n After hitting a fresh record high of 8776.4 in mid-July, the Australia 200 has spent the past two weeks range<\/a> trading above short-term support<\/a> at approximately 8620 \u2013 8600 and below the record high.<\/p>\n
\nRio Tinto<\/a> added 1.15% to $112.65
\nBHP<\/a> increased 0.87% to $39.93
\nFortescue<\/a> edged 0.4% higher to $18.32<\/p>\n