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ASX jumps 1.6% to highest since March; Miners, Afterpay, REA surge

Summary

  • The ASX200 bounded out the gate on Monday, rising 1.6% to touch 6291.8, its highest intraday mark since March 6. The miners and tech firms were strong.
  • Equities surged across the globe last week in a US election gridlock rally. The S&P500 recorded its best week since April
  • With Joe Biden confirmed as the next US President, investor attention should turn to the rampant spread of the coronavirus across US and Europe
  • The Aussie dollar was last at 72.78 US cents, having hit a morning peak of 72.85 US cents

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