Australian Market Halves Early Sharp Losses In Mid-market

RTTNews | 65天前
Australian Market Halves Early Sharp Losses In Mid-market

(RTTNews) - The Australian stock market is nearly halving its early sharp losses in mid-market trading on Monday, extending the sharp losses in the previous two sessions, following the broadly negative cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is tumbling almost 4 percent to below the 7,4000 level, with strong losses across all sectors led by mining and energy stocks as the global trade war ignited by the U.S. raises fears of a global recession.

The benchmark S&P/ASX 200 Index is losing 304.00 points or 3.97 percent to 7,363.80, after hitting a low of 7,169.20 earlier. The broader All Ordinaries Index is down 309.30 points or 3.94 percent to 7,538.30. Australian stocks closed sharply lower on Friday.

Among the major miners, BHP Group is tumbling more than 5 percent, Rio Tinto is plunging almost 4 percent, Mineral Resources is plummeting almost 10 percent and Fortescue Metals is slipping almost 6 percent. Oil stocks are sharply lower. Woodside Energy and Beach energy are tumbling more than 5 percent each, while Santos is plummeting almost 10 percent and Origin Energy is slipping almost 4 percent.

Among tech stocks, Afterpay owner Block is slipping more than 5 percent, Xero is losing more than 2 percent, WiseTech Global is declining almost 1 percent, Appen is tumbling almost 6 percent and Zip is sliding almost 10 percent.

Gold miners are lower. Evolution Mining is plummeting almost 7 percent, Gold Road Resources is losing almost 2 percent, Northern Star Resources is slipping 2.5 percent, Resolute Mining is sliding almost 9 percent and Newmont is declining more than 4 percent.

Among the big four banks, Commonwealth Bank is tumbling more than 4 percent and ANZ Banking is sliding almost 5 percent, while National Australia Bank and Westpac are declining more than 4 percent each.

In the currency market, the Aussie dollar is trading at $0.601 on Monday.

read more
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 | 31分鐘前
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 | 1小時32分鐘前
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 | 1小時56分鐘前
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 | 2小時25分鐘前
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 | 2小時56分鐘前
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 | 3小時22分鐘前
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 | 3小時26分鐘前
Higher Open Expected For Hong Kong Shares

Higher Open Expected For Hong Kong Shares

The Hong Kong stock market has moved lower in two of three trading days since the end of the three-day winning streak in which it had rallied almost 750 points or 3.5 percent. The Hang Seng Index now sits just above the 24,160-point plateau and it's likely to remain rangebound on Wednesday.
RTTNews | 3小時41分鐘前