ASX Market Close: Energy, bank rally leads bourse to new record high | June 10

Good arvo, and welcome to the HotCopper Market Close for Tuesday, June 10.

The ASX 200 has reset its record high at close, with bumper rallies across Energy, Technology, and Financial leading the local bourse to as high as 8,581.7 – a mouse’s whisker above the 8,555 close posted in mid-February.

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Looking at the companies in green, and unsurprisingly, index leader Commonwealth Bank (ASX:CBA) notched up a blockbuster day – no shock considering the ASX ATH – to close as much as 0.9% higher at $181.53/share.

The aforementioned Energy sector bump helped Woodside Energy (ASX:WDS) and Santos (ASX:STO) to strong closes too; +0.87% and +0.99% respectively.

WDS ended the day selling at $23.14 while STO shares were $6.64 each.

Also up today was Metcash (ASX:MTS) after it wrapped Mitre 10, Home Hardware, and Total Tools Holdings into one new hardware operation. MTS ended the day up +3.9%.

Not every company had the best day, though, with gold miners stung especially hard as bullion dipped on the U.S.-China trade talks. Evolution Mining (ASX:EVN) and Genesis Minerals (ASX:GMD) each lost between 2% and 3%.

Elsewhere in gold, Ora Banda Mining (ASX:OBM) couldn’t dodge the slump and lost -5% up to close, even after landing high-grade hits at Waihi, Little Gem, and more.

That’s Market Close, I’m Isaac McIntyre – have a great night, we’ll see you tomorrow.

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