Original article by Jessica Sier
The Australian Financial Review – Page: 26 : 19-Jul-16
Australia’s benchmark S&P/ASX 200 has rallied in the wake of the UK’s vote to leave the European Union, rising above 5,400 points. Listed gold producers in particular have risen strongly amid the global trend toward "safe haven" assets, although the broader materials sector has also performed well. Meanwhile, the local market may benefit from the US equities rally, while the upturn in commodity prices in 2016 and Australia’s upcoming August corporate reporting season bode well for domestic shares.
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