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AI demand lifts ASX, Aussie miners
['Cameron Micallef', 'Min Read']
Yahoo Finance - Business Finance, Stock Market, Quotes, News
Picture Newswire/ Gaye Gerard.
Australian materials stocks have surged as an AI trade proxy, helping the ASX 200 close higher for a fourth consecutive month.
Picture NewsWire / Gaye Gerard.
On a mixed day of trading, strong gains in materials were offset by falls in healthcare and consumer staple stocks.
Picture: Newswire / Gaye GerardIt was also a weak day of trading for consumer staples stocks, as the major supermarkets traded in the red.