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S&P/ASX 200 rally pauses following a soft lead from Wall Street

Published: 13:50 26 Nov 2020 AEDT

Latin Resources Ltd - S&P/ASX 200
Spot gold rose 0.3% to US$1,810.06 per ounce.

S&P/ASX 200 (INDEXASX:XJO) has cooled down after a three-session rally and was trading 0.14% lower at 6,674 by about 1.45 pm.

This follows losses on Wall Street overnight with the Dow Jones and S&P500 indices declining a day after record closes for both.

November continues to be a strong month with the ASX 200 still trading about 12.5% higher with only three sessions remaining in the month.

The mining giants and big four banks were lower today, while Wesfarmers (ASX:WES), Woolworths (ASX:WOW) and Afterpay (ASX:APT) have gained.

Top gainers

Today’s top gainers on the ASX include Latin Resources Ltd (ASX:LRS) (+17.24%), Maximus Resources Limited (ASX:MXR) (+14.81%), Pure Minerals Ltd (ASX:PM1) (+21.62%), Linius Technologies Ltd (ASX:LNU) (+14.71%), Elementos Limited (ASX:ELT) (+20.00%), Nexus Minerals Ltd (ASX:NXM) (+12.00%) and Engage:BDR Ltd (ASX:EN1) (+40.00%).

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