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Evening Wrap: ASX 200 edges higher as 2024 bull run remains intact on strong banks, uranium and gold stocks falter

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          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
The S&P/ASX 200 closed 19.3 points higher, up 0.24%. That's it for Evening Wrap for 2024! We'll return with the best post-market ASX wrap on the internet and in your inbox on 6 January 2025. But for one last time,
The article from MSN Money discusses the performance of the ASX 200, which saw a slight increase, maintaining the positive momentum of the 2024 bull run. The gains were primarily driven by strong performances in the banking sector, with major banks like Commonwealth Bank, NAB, ANZ, and Westpac all posting gains. However, this upward trend was not uniform across all sectors; uranium and gold stocks experienced declines. Specifically, uranium companies like Boss Energy and Paladin Energy saw significant drops, while gold miners such as Northern Star Resources and Evolution Mining also faced downturns. The article also touches on broader market sentiments, noting that despite some sectors faltering, the overall market sentiment remains optimistic, supported by robust economic indicators and expectations of continued growth.

Read the Full MSN Article at:
[ https://www.msn.com/en-au/money/other/evening-wrap-asx-200-edges-higher-as-2024-bull-run-remains-intact-on-strong-banks-uranium-and-gold-stocks-falter/ar-AA1woTLg ]