Australian Market Slashes Early Gains In Mid-market

RTTNews | 1天前

(RTTNews) - The Australian stock market is slashing its early gains in mid-market trading on Monday, recouping the losses in the previous session, following the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is moving up to near the 9,000.00 mark, with gains across most sectors led by mining and technology stocks. Financial stocks were the only weak spot.

The benchmark S&P/ASX 200 Index is gaining 16.60 points or 0.19 percent to 8,984.00, after touching a high of 9,054.50 earlier. The broader All Ordinaries Index is up 22.00 points or 0.24 percent to 9,256.30. Australian stocks closed notably lower on Friday.

Among the major miners, and Rio Tinto are adding more than 2 percent and Mineral Resources is advancing more than 4 percent, while BHP Group and Fortescue are gaining almost 3 percent each.

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

Among tech stocks, Afterpay owner Block is surging more than 6 percent, Zip is soaring more than 7 percent and Appen is advancing almost 6 percent, while WiseTech Global is edging down 0.4 percent and Xero is losing more than 1 percent.

Gold miners are mostly higher. Northern Star Resources is adding more than 3 percent, Newmont is up more than 1 percent and Evolution Mining is gaining almost 3 percent, while Resolute Mining is losing more than 6 percent and Gold Road Resources is edging down 0.2 percent.

Among the big four banks, Commonwealth Bank, National Australia Bank, ANZ Banking and Westpac are losing more than 1 percent each. In other news, shares in Nuix are diving more than 8 percent after the software maker slipped to a loss for the full year, due to higher legal costs and signing fewer multi-year customer contracts.

Shares in Reece are tumbling more than 15 percent after reporting downbeat results as weak housing markets in Australia, New Zealand and the US weighed on demand.

Shares in Ansell are soaring more than 10 percent after the health and safety products company reported upbeat results for the full year.

In the currency market, the Aussie dollar is trading at $0.647 on Monday.

Asian Markets Track Wall Street Lower

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RTTNews | 18分钟前

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RTTNews | 49分钟前

Lower Open Called For Thai Stock Market

The Thai stock market has finished higher in two straight sessions, collecting almost 20 points or 1.6 percent along the way. The Stock Exchange of Thailand now sits just above the 1,260-point plateau although it figures to open in the red on Tuesday. The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water.

RTTNews | 1小时29分钟前

Japanese Market Significantly Lower

The Japanese stock market is trading significantly lower on Tuesday, reversing the gains in the previous two sessions, following the broadly negative cues from Wall Street overnight, with the Nikkei 225 falling below the 42,400 level, with weakness across most sectors led by index heavyweights, exporters and financial stocks.

RTTNews | 1小时57分钟前

Indonesia Bourse May Hand Back Monday's Gains

The Indonesia stock market on Monday wrote a finish to the two-day slide in which it had fallen almost 85 points or 1.1 percent. The Jakarta Composite Index now sits just above the 7,925-point plateau although it's looking at a soft start on Tuesday. The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water.

RTTNews | 1小时59分钟前

Hong Kong Shares May Be Stuck In Neutral On Tuesday

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RTTNews | 2小时14分钟前

Australian Market Modestly Lower

The Australian stock market is trading modestly lower on Tuesday, recouping the slight gains in the previous session, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,950 level, with weakness in iron ore miners, financial and technology stocks partially offset by gains gold miners.

RTTNews | 2小时17分钟前

China Stock Market Due For Consolidation

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RTTNews | 2小时29分钟前

EURUSD	1.16287	GBPUSD	1.34539	AUDUSD	0.64735
USDJPY	147.684	USDCAD	1.38572	USDCHF	0.80536