Australian Market Marginally Higher

RTTNews | 1051 hari yang lalu
Australian Market Marginally Higher

(RTTNews) - The Australian stock market is marginally higher on Tuesday, recouping some of the losses in the previous two sessions, with the benchmark S&P/ASX 200 staying below the 6,800 level, following the mostly positive cues from Wall Street overnight, boosted largely by energy and resource stocks, nearly offset by weakness in gold miners and technology stocks.

The benchmark S&P/ASX 200 Index is gaining 5.20 points or 0.08 percent to 6,795.10, after touching a high of 6,808.60 earlier. The broader All Ordinaries Index is up 3.80 points or 0.05 percent to 7,010.20. Australian stocks closed slightly lower on Monday.

Among the major miners, Rio Tinto, BHP Group and Fortescue Metals are gaining more than 1 percent each, while Mineral Resources is adding almost 3 percent. OZ Minerals is edging down 0.5 percent.

Oil stocks are higher, with Beach energy gaining more than 2 percent and Woodside Energy up more than 1 percent, while Santos and Origin Energy are adding almost 2 percent each.

Among tech stocks, Afterpay owner Block is losing more than 4 percent, WiseTech Global is edging down 0.5 percent and Xero is declining more than 2 percent, while Appen is gaining more than 1 percent. Zip is rebounding and is skyrocketing more than 20 percent.

Gold miners are lower. Newcrest Mining and Resolute Mining are losing almost 3 percent each, while Evolution Mining, Northern Star Resources and Gold Road Resources are down almost 1 percent each.

Among the big four banks, Commonwealth Bank is edging down 0.3 percent, while ANZ Banking and Westpac are gaining more than 1 percent each. National Australia Bank is edging up 0.5 percent.

In the currency market, the Aussie dollar is trading at $0.697 on Tuesday.

On Wall Street, stocks ended on a mixed note on Monday after a choppy session as investors largely stayed cautious, looking ahead to some key earnings updates, the GDP data and the Federal Reserve's monetary policy announcement.

The major averages ended mixed. The Dow ended with a gain of 90.75 points or 0.28 percent at 31,990.04, and the S&P 500 settled with a gain of 5.21 points or 0.13 percent at 3,966.84, while the Nasdaq finished with a loss of 51.45 points or 0.43 percent at 11,782.67.

European stocks also turned in a mixed performance. The U.K.'s FTSE 100 climbed 0.41 percent and France's CAC 40 gained 0.33 percent, while Germany's DAX drifted down 0.33 percent.

Crude oil futures settled sharply higher on Monday as concerns about outlook for energy demand eased, while the dollar's weakness ahead of the upcoming Fed statement also supported crude oil prices. West Texas Intermediate Crude oil futures for September ended higher by $2.00 or 2.1 percent at $96.70 a barrel.

read more
European Shares Seen Tad Lower At Open

European Shares Seen Tad Lower At Open

European stocks may drift lower on Wednesday as market participants assess the outcome of U.S.-China trade negotiations.
RTTNews | 2j 18min yang lalu
Sensex, Nifty Marginally Higher In Lackluster Trade

Sensex, Nifty Marginally Higher In Lackluster Trade

Indian shares were marginally higher on Wednesday after top U.S. and Chinese officials agreed on a "framework" to move forward on trade, following two days of high-level talks in London.
RTTNews | 3j 29min yang lalu
Australian Market Trims Early Gains In Mid-market

Australian Market Trims Early Gains In Mid-market

The Australian market is trimming its early gains in mid-market moves on Wednesday, but extending the gains in the previous session, with the benchmark S&P/ASX 200 moving above the 8,600 level to fresh all-time highs, following the positive cues from Wall Street overnight, with gains in iron ore miners, energy and financial stocks partially offset by weakness in gold miners and technology stocks.
RTTNews | 4j 30min yang lalu
Asian Markets Track Wall Street Higher

Asian Markets Track Wall Street Higher

Asian stock markets are trading mostly higher on Wednesday, following the broadly positive cues from Wall Street overnight, amid easing trade war tensions after top U.S. and Chinese officials agreed upon a "framework" to move forward on trade, following two days of high-level talks in London. The framework will first need to be approved by leaders in Washington and Beijing.
RTTNews | 4j 55min yang lalu
Sensex, Nifty Set For Muted Start

Sensex, Nifty Set For Muted Start

Indian shares are seen opening little changed on Wednesday despite top U.S. and Chinese officials agreeing on a "framework" to move forward on trade, following two days of high-level talks in London.
RTTNews | 5j 23min yang lalu
Thai Bourse May Extend Tuesday's Gains

Thai Bourse May Extend Tuesday's Gains

The Thai stock market on Tuesday ended the two-day slide in which it had slipped more than 5 points or 0.4 percent. The Stock Exchange of Thailand now rests just beneath the 1,140-point plateau and it may tick higher again on Wednesday.
RTTNews | 5j 55min yang lalu
Japanese Market Modestly Higher

Japanese Market Modestly Higher

The Japanese stock market is trading modestly higher on Wednesday, extending the gains in the previous three sessions, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving above the 38,300 level, with gains across most sectors led by index heavyweights and technology stocks. Financial stocks are a weak spot.
RTTNews | 6j 20min yang lalu
Indonesia Shares May Open To The Upside

Indonesia Shares May Open To The Upside

The Indonesia stock market has moved higher in three straight sessions, gathering almost 190 points or 2.7 percent along the way. The Jakarta Composite Index now rests just above the 7,230-point plateau and it's looking at a firm lead again for Wednesday's trade.
RTTNews | 6j 25min yang lalu