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ASX 200 rises as iron ore miners gain; Stars are aligning for copper in new bull market

Buy copper now or pay the price of cost increases and missed opportunities in a new secular bull market, Citi says. Also today: Guzman y Gomez's $134.5m raise. Analyst upgrades boost Ansell and Elders.

David Rogers, Valerina Changarathil and Megan Neil
less than 2 min read
April 9, 2024 - 5:36PM
The Australian Business Network
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Equity investors to parse consumer, business sentiment indicators. Picture: Gaye Gerard
Equity investors to parse consumer, business sentiment indicators. Picture: Gaye Gerard

Welcome to the Trading Day blog for Tuesday, April 9. The ASX 200 index closed 0.5 per cent higher at 7824.20, led by on mining gains. Citi says buy copper now or pay the price of cost increases and missed opportunities in a new secular bull market.

The Aussie dollar is around US66.03c.

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Original URL: https://www.theaustralian.com.au/business/trading-day/asx-200-to-rise-wall-st-flat-ahead-of-inflation-update-synlait-exec-changes/live-coverage/f15369164eb6b8d0ef6f5288595da057