Australian Market Extends Early Losses In Mid-market

RTTNews | 22 시간 3 분 전

(RTTNews) - The Australian stock market is extending its early losses in mid-market trading on Monday, adding to the losses in the previous four sessions, following the mixed cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is falling to near the 8,600.00 level, with weakness in financial stocks and mixed performance across most other sectors.

The benchmark S&P/ASX 200 Index is losing 24.7 points or 0.25 percent to 8,609.80, after hitting a low of 8,588.90 earlier. The broader All Ordinaries Index is down 19.20 points or 0.19 percent to 8,887.80. Australian stocks closed sharply lower on Friday.

Among the major miners, BHP Group is losing almost 1 percent and Mineral Resources is declining more than 1 percent, while Rio Tinto and Fortescue are gaining almost 1 percent each.

Oil stocks are mostly higher. Woodside Energy, Santos and Beach energy are gaining almost 1 percent each, while Origin Energy is edging down 0.1 percent.

Among tech stocks, Afterpay owner Block is losing almost 1 percent and Xero is declining more than 1 percent, while WiseTech Global is edging up 0.2 percent and Appen is surging almost 5 percent. Zip is flat.

Gold miners are mostly higher. Northern Star Resources is gaining almost 1 percent, Resolute Mining is gaining 2.5 percent and Genesis Minerals is advancing more than 2 percent and Evolution Mining is edging up 0.2 percent, while Newmont is losing almost 2 percent.

Among the big four banks, ANZ Banking, Westpac and National Australia Bank are edging down 0.1 to 0.5 percent each, while Commonwealth Bank is losing more than 1 percent.

In other news, shares in Iperionx are tumbling almost 12 percent amid short selling after a damning report by Spruce Point Management, which challenges the company's valuation and commercial prospects. IperionX hit back highlighting fresh U.S. defence contracts and its growth outlook.

Shares in TPG Telecom are in a trading halt as it is in the middle of a major capital management and liquidity reset after tumbling 30 percent last week on going ex-distribution for a massive $1.61 per share capital return.

In the currency market, the Aussie dollar is trading at $0.653 on Monday.

Singapore Shares May Take Further Damage On Tuesday

The Singapore stock market has finished lower in consecutive trading days, shedding more than 30 points or 0.6 percent along the way. The Straits Times Index now sits just above the 4,540-point plateau and it may extend its losses on Tuesday.

RTTNews | 1 시간 30 분 전

Little Movement Seen For Malaysia Stock Market

The Malaysia stock market has alternated between positive and negative finishes through the last four trading days since the end of the three-day winning streak in which it had risen more than 15 points or 1 percent. The Kuala Lumpur Composite Index now sits just above the 1,625-point plateau and it's likely to remain rangebound again on Tuesday.

RTTNews | 2 시간 0 분 전

Continued Consolidation Called For Japan Stock Market

The Japan stock market has finished lower in back-to-back sessions, shedding more than 940 points or 1.9 percent along the way. The Nikkei 225 now rests just above the 50,320-point plateau and it's expected to open under pressure again on Tuesday.

RTTNews | 2 시간 15 분 전

Soft Start Expected For South Korea Shares

The South Korea stock market bounced higher again on Monday, one session after ending the four-day winning streak in which it had surged almost 220 points or 5.5 percent. The KOSPI sits just beneath the 4,090-point plateau although it's expected to turn lower again on Tuesday.

RTTNews | 2 시간 30 분 전

RBA Minutes On Tap For Tuesday

The Reserve Bank of Australia will on Tuesday release the minutes from its monetary policy meeting on November 4, highlighting a light day for Asia-Pacific economic activity.

RTTNews | 3 시간 0 분 전

Swiss Market Ends Modestly Lower

After staying a bit positive early on in the session on Monday, the Switzerland market slipped and languished in negative territory till the end of the day's session as the mood remained cautious with investors looking for directional clues.

RTTNews | 6 시간 33 분 전

European Stocks Close Lower After Cautious Session

European stocks closed weak on Monday as investors largely stayed cautious, looking for fresh data for directional clues. Worries about Artificial Intelligence bubble, and uncertainty about monetary policy moves by major central banks including the Federal Reserve weighed on stocks.

RTTNews | 7 시간 6 분 전

Canadian Market Recovers After Early Setback

After recovering from an early setback Monday morning that saw the benchmark S&P/TSX drop by more than 130 points, Canadian stocks recovered lost ground and are turning in a mixed performance with investors digesting the nation's inflation data, and looking ahead to fresh economic reports from the U.S. for directional clues.

RTTNews | 8 시간 6 분 전

EURUSD	1.15879	GBPUSD	1.31484	AUDUSD	0.64893
USDJPY	155.225	USDCAD	1.40533	USDCHF	0.79622