Australian Market Slightly Trims Early Losses In Mid-market

RTTNews | il y a 176

(RTTNews) - The Australian stock market is slightly trimming its early losses in mid-market trading on Monday, snapping a four-session winning streak, following the mixed cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is falling below the 8,500.00 level, with weakness across most sectors led by mining and financial stocks.

The benchmark S&P/ASX 200 Index is losing 56.80 points or 0.66 percent to 8,499.00, after hitting a low of 8,480.20 earlier. The broader All Ordinaries Index is down 51.00 points or 0.58 percent to 8,774.10. Australian stocks closed modestly higher on Friday.

Among the major miners, BHP Group is edging down 0.4 percent each and Rio Tinto is declining almost 1 percent, while Fortescue Metals and Mineral Resources are losing almost 2 percent each. Oil stocks are mixed. Santos is edging down 0.5 percent and Woodside Energy is declining almost 3 percent, while Beach energy is edging up 0.4 percent and Origin Energy is gaining almost 2 percent.

Among tech stocks, Zip is surging more than 6 percent and Appen is adding more than 1 percent, while Afterpay owner Block, WiseTech Global and Xero are edging down 0.1 to 0.3 percent each.

Gold miners are mostly lower. Evolution Mining is declining more than 3 percent and Northern Star Resources is sliding almost 4 percent, while Gold Road Resources and Newmont are losing more than 2 percent each. Resolute Mining is gaining almost 1 percent.

Among the big four banks, Commonwealth Bank, ANZ Banking and National Australia Bank are losing almost 2 percent each, while Westpac is declining almost 6 percent after reporting downbeat results for the first quarter.

In other news, shares in BlueScope are jumping almost 10 percent after Australia's biggest steelmaker boosted its interim dividend to 30 cents despite a 59 percent drop in net profit after tax.

Shares in A2 Milk are soaring more than 18 percent after it upgraded full-year revenue guidance and announced its first dividend.

Shares in Bendigo and Adelaide Bank are tumbling almost 17 percent after reporting downbeat results for the first half.

In the currency market, the Aussie dollar is trading at $0.636 on Monday.

Australian Market Trims Early Gains In Mid-market

The Australian stock market is trimming its early gains in mid-market trading on Tuesday, but extending the gains in the previous session, despite the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,850 level to fresh all-time high, with gains in financial and energy stocks partially offset by weakness in mining and technology stocks.

RTTNews | il y a 52 minutes

Asian Markets Trade Mostly Higher

Asian stock markets are trading mostly higher on Tuesday, despite the broadly negative cues from Wall Street overnight, with the Australian and the Japanese markets hitting record all-time highs, as the U.S. and China agreed to extend their tariff truce for another 90 days. Optimism about the US Fed cutting interest rate at its next meeting is also aiding market sentiment.

RTTNews | il y a 1h 31min

Sensex, Nifty Set For Muted Open On Mixed Global Cues

Indian shares are seen opening flat to slightly lower on Tuesday after rising sharply in the previous session as the announcement of a meeting between Russian President Vladimir Putin and U.S. President Donald Trump has fueled expectations of a potential end to sanctions limiting supply of Russian oil to other markets.

RTTNews | il y a 2h 2min

Japanese Market Sharply Higher; Up 2%

The Japanese stock market is trading sharply higher on Tuesday, extending the gains in the previous five sessions, despite the broadly negative cues from Wall Street overnight, with the Nikkei 225 surging over 2 percent near the 42,700 level to record all-time highs, with gains across all sectors led by index heavyweights, technology and financial stocks.

RTTNews | il y a 2h 56min

Indonesia Stock Market May Be Stuck In Neutral On Tuesday

The Indonesia stock market has tracked higher in back-to-back sessions, improving more than 115 points or 15 percent along the way. The Jakarta Composite Index now sits just above the 7,600-point plateau although it's expected to open in the red on Tuesday. The global forecast for the Asian markets is soft ahead of key U.S. inflation data. The European markets were mixed and the U.S. bourses were down and the Asian markets also figure to track into the red.

RTTNews | il y a 3h 4min

Renewed Consolidation Likely For Hong Kong Stock Market

The Hong Kong stock market moved higher again on Monday, one session after snapping the four-day winning streak in which it had rallied more than 570 points or 2.4 percent. The Hang Seng Index now rests just above the 24,900-point plateau although it may hand back those gains on Tuesday. The global forecast for the Asian markets is soft ahead of key U.S. inflation data. The European markets were mixed and the U.S. bourses were down and the Asian markets also figure to track into the red.

RTTNews | il y a 3h 19min

Australian Market Modestly Higher

The Australian stock market is trading modestly higher on Tuesday after opening in the red, extending the gains in the previous session, despite the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,850 level to fresh all-time high, with gains in financial and energy stocks and a mixed performance in mining and technology stocks.

RTTNews | il y a 3h 26min

China Stock Market May Hand Back Monday's Gains

The China stock market bounced higher again on Monday, one session after halting the four-day winning streak in which it had gathered almost 80 points or 2.4 percent. The Shanghai Composite Index now sits just beneath the 3,650-point plateau although it's likely to head south again on Tuesday. The global forecast for the Asian markets is soft ahead of key U.S. inflation data. The European markets were mixed and the U.S. bourses were down and the Asian markets also figure to track into the red.

RTTNews | il y a 3h 34min

EURUSD	1.16213	GBPUSD	1.34304	AUDUSD	0.65068
USDJPY	148.406	USDCAD	1.37795	USDCHF	0.8111