Australian Market Slightly Higher

RTTNews | 56 dagar sedan
Australian Market Slightly Higher

(RTTNews) - The Australian market is trading slightly higher on Thursday, reversing the slight losses in the previous session, despite the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying below the 7,800 level, with gains mining and energy stocks partially offset by weakness in technology and financial stocks.

The benchmark S&P/ASX 200 Index is gaining 9.80 points or 0.13 percent to 7,768.70, after touching a high of 7,775.00 earlier. The broader All Ordinaries Index is up 8.10 points or 0.10 percent to 7,969.80. Australian stocks ended slightly lower on Wednesday.

Among major miners, Mineral Resources is advancing more than 1 percent, Fortescue Metals is edging up 0.3 percent, BHP Group is gaining almost 1 percent and Rio Tinto is adding almost 2 percent.

Oil stocks are mostly higher. Beach energy is rising almost 3 percent, Santos is gaining more than 2 percent, Origin Energy is edging up 0.5 percent and Woodside Energy is advancing almost 2 percent.

In the tech space, Afterpay owner Block is edging down 0.3 percent, WiseTech Global is losing almost 2 percent, Appen is declining more than 2 percent and Zip is slipping almost 3 percent. Xero is flat.

Among the big four banks, Commonwealth Bank, Westpac, National Australia Bank and ANZ Banking are edging down 0.1 to 0.5 percent each.

Among gold miners, Northern Star Resources is adding almost 2 percent, Evolution Mining is gaining almost 3 percent, Gold Road Resources is advancing more than 1 percent and Resolute Mining is surging more than 6 percent, while Newmont is edging down 0.3 percent.

In the currency market, the Aussie dollar is trading at $0.637 on Thursday.

On Wall Street, stocks moved sharply lower early in the session on Wednesday and saw even further downside over the course of the trading day. The major averages all posted steep losses, with the tech-heavy Nasdaq under particularly heavy selling pressure.

The major averages climbed off their worst levels going into the end of the day but remained firmly negative. The Nasdaq plunged 516.01 points or 3.1 percent to 16,307.16, the S&P 500 tumbled 120.93 points or 2.2 percent to 5,275.70 and the Dow slumped 699.57 points or 1.7 percent to 39,669.39.

Meanwhile, the major European markets turned mixed over the course of the session after seeing early weakness. While the French CAC 40 Index edged down by 0.1 percent, the German DAX Index and the U.K.'s FTSE 100 Index both rose by 0.3 percent.

Crude oil prices showed a substantial move back to the upside during trading on Wednesday after ending the previous session modestly lower. West Texas Intermediate crude for May delivery rose $1.14 or 1.9 percent to $62.47 a barrel.

read more
Sensex, Nifty Seen Lower As Investors Monitor Trade, Geopolitical Developments

Sensex, Nifty Seen Lower As Investors Monitor Trade, Geopolitical Developments

Indian shares look set to open lower on Thursday as oil prices climbed on signs of rising tensions in the Middle East and U.S. President Donald Trump said he would notify trading partners within the next one to two weeks about the new unilateral tariff rates, with the choice to accept or reject them.
RTTNews | 27 minuter sedan
Rally May Stall For Thai Stock Market

Rally May Stall For Thai Stock Market

The Thai stock market has moved higher in back-to-back sessions, collecting more than 6 points or 0.6 percent along the way. The Stock Exchange of Thailand now rests just above the 1,140-point plateau although it may be stuck in neutral on Thursday.
RTTNews | 1h 0minuter sedan
Japanese Market Notably Lower

Japanese Market Notably Lower

The Japanese market is trading notably lower on Thursday, snapping a four-session winning streak, following the broadly negative cues from Wall Street overnight. The Nikkei 225 is falling well below the 38,200 level, with weakness across most sectors led by automakers, exporters and technology stocks. Financial stocks are the only bright spot.
RTTNews | 1h 22minuter sedan
Indonesia Bourse May Extend Wednesday's Losses

Indonesia Bourse May Extend Wednesday's Losses

The Indonesia stock market on Wednesday ended the three-day winning streak in which it had gained almost 190 points or 2.7 percent. The Jakarta Composite Index now rests just above the 7,220-point plateau and the losses may accelerate on Thursday.
RTTNews | 1h 30minuter sedan
Australian Market Slightly Higher

Australian Market Slightly Higher

The Australian market is trading slightly higher on Thursday, extending the gains in the previous two sessions, despite the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving a tad above the 8,600 level, with gains in gold miners and eergy partially offset by weakness in iron ore miners.
RTTNews | 1h 43minuter sedan
Hong Kong Bourse May Hand Back Wednesday's Gains

Hong Kong Bourse May Hand Back Wednesday's Gains

The Hong Kong 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 rallied almost 750 points or 3.5 percent. The Hang Seng Index now sits just above the 24,360-point plateau and it's likely to remain rangebound on Thursday.
RTTNews | 1h 45minuter sedan
Lower Open Anticipated For Taiwan Stock Market

Lower Open Anticipated For Taiwan Stock Market

The Taiwan stock market has moved higher in three straight sessions, accelerating more than 810 points or 3.6 percent along the way. The Taiwan Stock Exchange now sits just above the 22,470-point plateau although it's expected to open under water on Thursday.
RTTNews | 2h 30minuter sedan
Continued Consolidation Called For Singapore Shares

Continued Consolidation Called For Singapore Shares

The Singapore stock market has moved lower in two straight sessions, sinking more than 15 points or 0.4 percent along the way. The Straits Times Index now sits just beneath the 3,920-point plateau and it may take further damage on Thursday.
RTTNews | 3h 0minuter sedan