Market Close 06 Nov 25: Miners snap 3-day losing streak

CommSec Market Update

Local shares bounced back from a two-month low on Thursday, with miners leading the charge. The ASX 200 lifted about a third of a per cent, supported by gains in gold and iron ore prices. Materials stocks were easily the day’s best performers, up around 1.5 per cent, with names like Emerald, Ramelius and Bellevue all climbing strongly. But it wasn’t all positive as NAB dragged the broader market lower after falling more than 3 per cent despite hitting a record high earlier in the day. Westpac slipped after going ex-dividend, and James Hardie tumbled more than 10 per cent after being dropped from a key index.

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