Australian Market Extends Early Gains In Mid-market

RTTNews | 98 dias atrás
Australian Market Extends Early Gains In Mid-market

(RTTNews) - The Australian stock market is extending its early gains in mid-market moves on Friday, adding to the gains in the previous two sessions, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving well above the 8,200 level, with gains in technology and energy stocks partially offset by weakness in mining stocks.

The benchmark S&P/ASX 200 Index is gaining 39.70 points or 0.49 percent to 8,231.40, after touching a high of 8,231.70 earlier. The broader All Ordinaries Index is up 39.70 points or 0.47 percent to 8,461.40. Australian stocks closed modestly higher on Thursday.

Among major miners, Rio Tinto and BHP Group are losing almost 1 percent each, while Mineral Resources is gaining almost 2 percent and Fortescue Metals is edging up 0.1 percent. Oil stocks are mostly higher. Origin Energy is gaining more than 1 percent and Beach energy is advancing almost 2 percent, while Santos and Woodside Energy are adding more than 2 percent each.

Among tech stocks, Afterpay-owner Block is gaining more than 4 percent, Appen is surging more than 7 percent, WiseTech Global is adding more than 2 percent and Xero is up 2.5 percent. Zip is flat.

Among the big four banks, Westpac is adding almost 2 percent, while Commonwealth Bank and National Australia Bank are gaining more than 1 percent. ANZ Banking is losing almost 1 percent.

Gold miners are mostly lower. Evolution Mining and Resolute Mining are losing almost 3 percent each, while Northern Star Resources is down more than 1 percent and Newmont is declining almost 2 percent. Gold Road Resources is edging up 0.2 percent.

In other news, shares in Avita Medical are slumping almost 17 percent despite reaffirming expectations for a 55 percent to 65 per cent jump in full-year commercial revenue after the wound care product provider reported significant growth in both new and existing customer accounts.

In the currency market, the Aussie dollar is trading at $0.639 on Friday.

read more
Bay Street Likely To Open Flat

Bay Street Likely To Open Flat

Canadian shares may open somewhat flat on Friday, and the focus is on the upcoming meeting between U.S. President Donald Trump and Russian President Vladimir Putin, set to take place in Alaska later in the day.
RTTNews | 16 minutos atrás
Taiwan Raises Growth Outlook

Taiwan Raises Growth Outlook

Taiwan's economy is expected to grow more than previously estimated this year on robust foreign demand for artificial intelligence and emerging technology applications. The economy is projected to expand 4.45 percent this year, which was revised up from 3.1 percent estimated earlier, the Directorate General of Budget, Accounting & Statistics said Friday.
RTTNews | 22 minutos atrás
FTSE 100 Up Marginally; Miners Move Higher

FTSE 100 Up Marginally; Miners Move Higher

U.K. stocks are gaining for a fifth straight session, with mining and energy stocks faring well on Friday. Hopes that the economic impact of Trump administration's tariff moves will not any significantly hurt British economic growth. Expectations that the Trump - Putin summit later in the day will help end the war in Ukraine also contribute to the slightly positive mood in the market.
RTTNews | 1h 20min atrás
Yen Rises As Japan Economy Expands In Q2

Yen Rises As Japan Economy Expands In Q2

The Japanese yen strengthened against other major currencies in the Asian session on Friday, after Japan's gross domestic product expanded on quarter in the second quarter of 2025.
RTTNews | 1h 30min atrás
CAC 40 Up Nearly 1%

CAC 40 Up Nearly 1%

French stocks gaining some ground in positive territory on Friday, continuing their upmove for the fourth consecutive session and expectations the meeting between U.S. President Donald Trump and Russian President Vladimir Putin will help bring about an end to the ongoing war in Ukraine.
RTTNews | 2h 24min atrás
DAX Up Nearly 0.5%, Hits 5-week High

DAX Up Nearly 0.5%, Hits 5-week High

German stocks are up in positive territory on Friday, rising for the third consecutive session, and the benchmark DAX has hit a more than 5-week high, as some strong earnings updates and hopes about a positive outcome from U.S. President Donald Trump and Russian President Vladimir Putin's meeting help underpin sentiment.
RTTNews | 2h 42min atrás
Asian Shares Mostly Higher With Ukraine Talks In Focus

Asian Shares Mostly Higher With Ukraine Talks In Focus

Asian stocks ended mostly higher on Friday as investors reacted to mixed economic data from China and Japan, and awaited the outcome of the Alaska summit between U.S. and Russian Presidents.
RTTNews | 3h 47min atrás