ASX 200 Edges Higher As Miners Rally And Paladin Soars While Bank Stocks Slide After ANZ's $7.3 Billion Profit
SYDNEY — Australian shares edged higher on Monday afternoon as a rally in mining stocks offset losses in banks, property and technology. Uranium producer Paladin Energy led the market's top gainers.
The S&P/ASX 200 was up 17.5 points, or 0.19%, at 9,038.3 at 2:21 p.m. AEDT, after swinging between gains and losses through the session.
The market had been expected to open higher. SPI futures pointed to a 20-point gain at the open, despite a mixed session on Wall Street on Friday.
It slipped instead. The ASX 200 fell across the morning to be 0.4% lower at 8,982 points by 11:30 a.m. AEDT before........
