S&P/ASX 200 (INDEXASX:XJO) jumped 68 points to 6104.6 by 1.35 pm with the big miners, banks, and the tech sector all surging ahead.
The index is on track to record a fourth straight session of gains, which has not happened since early July.
Today’s gains followed a strong lead from the US where President Trump encouraged Congress to pass a number of standalone fiscal stimulus bills.
Heavyweights gain
The tech sector leads gains with a 2.39% rise with Afterpay (ASX:APT) up 1.13% and Xero (ASX:XRO) 4.3% higher.
BHP Group Ltd (ASX:BHP) surged 2.2%, Commonwealth Bank (ASX:CBA) added 0.7% and Rio Tinto (ASX:RIO) gained 1.6%.
Top gainers
Today’s top gainers on the ASX Australian Strategic Materials Ltd (ASX:ASM) (+9.09%), Yandal Resources Ltd (ASX:YRL) (+24.83%), Musgrave Minerals Ltd (ASX:MGV) (+11.65%), PNX Metals Ltd (ASX:PNX) (+11.11%), Anson Resources Ltd (ASX:ASN)(+27.59%) and AVZ Minerals Ltd (ASX:AVZ) (+10.77%) and Oakdale Resources Ltd (ASX:OAR) (+13.04%).
Proactive news headlines:
Macarthur Minerals makes further progress with route to market for Lake Giles Iron Project
Macarthur Minerals Ltd (ASX:MIO) (CVE:MMS) (OTCMKTS:MMSDF) is progressing towards finalising the route to market for its flagship Moonshine magnetite deposits at the Lake Giles Iron Project in Western Australia.
engage:BDR pays more than 50% of outstanding balance of ZCS facility in cash
engage:BDR Ltd (ASX:EN1) has paid more than 50% of the outstanding balance of the ZCS Facility convertible notes financing facility balance in cash with just US$144,000 remaining.
Bellevue Gold confirms new high-grade shoot at flagship gold project with hits of up to 58 g/t
Bellevue Gold Ltd (ASX:BGL) has discovered a new shallow high-grade gold shoot at its namesake project in Western Australia with results up to 1.9 metres at 58.0 g/t gold from 380.5 metres.
Musgrave Minerals hits grades up to 30.9 g/t at new gold target south of Starlight
Musgrave Minerals Ltd (ASX:MGV) has hit high-grade shallow gold of up to 2 metres at 30.9 g/t at a new target 400 metres south of Starlight within the flagship Cue Gold Project in Western Australia’s Murchison district.
Infinity Lithium attracts highly credentialled lithium expert as director and chief technical officer
Infinity Lithium Corporation Ltd (ASX:INF) has appointed highly credentialled lithium technical expert Jon Starink as an executive director and chief technical officer.
Canyon Resources lifts Minim Martap bauxite resource to more than 1 billion tonnes
Canyon Resources Ltd (ASX:CAY) has updated the mineral resource estimate for the high-grade Minim Martap Bauxite Project in Cameroon, West Africa, to in excess of 1 billion tonnes after integrating results from a physical testing program.
PNX Metals aims for near-term Fountain Head gold production to set-up Hayes Creek for development
PNX Metals Limited (ASX:PNX) (FRA:4P1) is committed to progressing its flagship Fountain Head Gold Project and nearby Hayes Creek Zinc-Gold-Silver Project in the Northern Territory towards development.
CV Check sees strong rise in revenue as work-from-home culture boosts demand
CV Check Limited (ASX:CVI) is seeing a strong rise in revenue following the widespread work-from-home culture triggered by the COVID-19 pandemic, which has boosted consumption of its digital services.
Latin Resources upbeat as it plans maiden drilling at Noombenberry Halloysite Kaolin Project
Latin Resources Ltd (ASX:LRS) (FRA:XL5) has gained momentum toward commencing its maiden drilling program at the Noombenberry Halloysite Kaolin Project in WA, by signing land access agreements with key landholders.