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Closing Bell

Closing Bell

Closing Bell 24th June: ASX Rallies on Ceasefire Hopes; Greatland Gold and Virgin Australia Shine on Debut

ASX Rallies on Ceasefire Hopes; Greatland Gold and Virgin Australia Shine on Debut

The ASX surged on Tuesday as easing geopolitical tensions and strong IPO performances boosted investor confidence. The S&P/ASX 200 rose 1% to 8556.2 by 2pm AEST, with nine of 11 sectors in the green. A tentative ceasefire between Iran and Israel, announced by former US President Donald Trump, helped spark a broad-based rally.

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