1 October we become SureStone CapitalSame team, same ABN. Our website and email addresses move to surestone.com.au.
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The markets show slight growth with the Sibo 200 up by 0.25% and the ASX 200 climbing by 0.6%. Tech, materials, and energy sectors recover strongly 📈 amid recent volatility linked to US tariffs. Beijing boosts sentiment by firming its currency, countering tariff impacts.
Gold price hits a record $2,853 an ounce, benefiting from its safe haven appeal amid global market uncertainty. Meanwhile, Clarity leads gainers, rising over 8%, while Insignia sees interest due to takeover activity. However, Block, Macquarie, and Guzman and Gomez suffer losses, influenced by trade tensions.
In acquisition news, Fortescue ups its offer for Redhawk Mining to $1.10 a share, securing 78% interest. Insignia receives a new non-binding proposal from Brookfield at $4.60 per share, matching previous offers.
