The ASX200 finished the week on a strong note, up nearly 1.5 per cent to a record high of 7699 points.

All sectors finished in the green, except for utilities, which closed 0.4 per cent lower.

Real estate and IT led the charge, both gaining more than three per cent.

Uranium stocks had a strong end to the week after news emerged that Kazatomprom, the world’s largest uranium exporter in Kazakhstan, might miss its production targets for 2024 due to construction delays and a shortage of sulphuric acid. Local uranium companies on the Aussie bourse soared on the news, including Deep Yellow (ASX:DYL), up 12 per cent, Boss Energy (ASX:BOE), up nearly eight per cent, and Paladin Energy (ASX:PDN), up about seven per cent.

Rick Maggi