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ASX rises despite mining sector falls after Donald Trump signs new coronavirus stimulus bill – ABC News
The ASX opens higher in morning trade, despite widespread declines across the resources sector.
Australians stocks open higher after the US President signs new stimulus measures into law, bypassing Congress.
Key points:
- Mining stocks led the falls, with gold miners hit by a fall in the precious metal’s price
- Consumer stocks and banks were leading the sector gains on the market
- US stocks were mixed on Friday, with the Dow up, S&P 500 flat and the Nasdaq lower
At 10:20am (AEST), the All Ordinaries index was up 0.7 per cent to 6,179, while the benchmar…
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