ASX set to have a full green week after fourth straight day of gains

The ASX200 continues to extend its winning streak to four days as it closes up another 1.10% for the day, edging over 6100 points.

It was a strong day for mining with BHP and Rio Tinto both adding roughly 2% each. The banks also surged yet again as investors continue to see this as an attractive investment opportunity with Westpac winning the race, up 1.46%. Nevertheless, the standout for the day was biotech CSL, which closed up 2.46% today after it announced it has entered into an agreement with the Commonwealth to provide 51 million doses of the COVID-19 vaccine in conjunction with the University of Queensland.

Gainers and Losers

The top gainers today were:

  • Zip Co +8.8% to $7.93
  • Netwealth +8.3% to $17.27
  • Avita Therapeutics +5.9% to $7.32
  • Credit Corp +5.5% to $19.11
  • Cochlear +5.3% to $208.85

The worst performers were

  • Whitehaven Coal -3.7% to $1.04
  • Reliance Worldwide -2.5% to $4.27
  • Viva Energy -2.1% to $1.66
  • Growthpoint Properties -2% to $3.49
  • Shopping Centres Australasia -1.8% to $2.24

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This article does not take into account the investment objectives, financial situation or needs of a particular person or entity. Before acting on any investment strategy or advice you should first consult with your current ASIC accredited investment professional or seek out a compliant investment professional for such.