Australian Market Slightly Lower

RTTNews | 104 dni temu

(RTTNews) - Australian shares are trading slightly lower on Wednesday, snapping a five-session winning streak, with the benchmark S&P/ASX 200 staying well below the 8,300 level, following the mixed cues from Wall Street overnight, with a mixed performance across most sectors. Traders are also booking some profits following the recent upside in the markets.

The benchmark S&P/ASX 200 Index is losing 11.20 points or 0.14 percent to 8,257.80, after hitting a low of 8,255.90 earlier. The broader All Ordinaries Index is down 5.70 points or 0.07 percent to 8,505.00. Australian stocks ended modestly higher on Tuesday.

Among major miners, BHP Group and Rio Tinto are edging down 0.2 to 0.5 percent each, while Mineral Resources is gaining more than 1 percent and Fortescue metals is edging up 0.3 percent.

Oil stocks are mostly higher. Woodside Energy is adding almost 4 percent, Santos is advancing more than 2 percent and Beach energy is gaining more than 1 percent, while Origin Energy is losing more than 1 percent.

In the tech space, Afterpay owner Block is surging more than 5 percent, WiseTech Global is gaining more than 1 percent, Zip is advancing more than 5 percent and Appen is edging up 0.5 percent, while Xero is edging down 0.1 percent.

Among the big four banks, Commonwealth Bank is gaining almost 1 percent, while Westpac is edging down 0.4 percent. National Australia bankand ANZ Banking are flat.

Among gold miners, Evolution Mining is gaining more than 1 percent, Gold Road Resources is up more than 1 percent and Resolute Mining is adding more than 2 percent, while Newmont and Northern Star Resources are losing more than 2 percent each.

In other news, shares in Aristocrat Leisure are tumbling more than 13 percent after the gaming technology company reported downbeat half-year results.

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

On the Wall Street, stocks turned in another strong performance during trading on Tuesday after moving sharply higher over the course of Monday's session. The Nasdaq and the S&P 500 reached their best closing levels in well over two months, with the S&P 500 turning positive for 2025.

The Nasdaq jumped 301.74 points or 1.6 percent to 19,010.08 and the S&P 500 climbed 42.36 points or 0.7 percent to 5,886.55. The narrower Dow, on the other hand, spent most of the day in negative territory before closing down 269.67 points or 0.6 percent at 42,140.43.

Meanwhile, the major European markets moved modestly higher on the day. The German DAX Index and the French CAC 40 Index both rose by 0.3 percent, although the U.K.'s FTSE 100 Index closed just below the unchanged line.

Crude oil prices showed another significant move to the upside on Tuesday, reaching its highest closing level in almost a month on optimism about the outlook for demand. West Texas Intermediate crude for June delivery surged $1.72 or 2.8 percent to $63.67 a barrel.

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 | 15 minut temu

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 | 17 minut temu

Hong Kong Shares May Be Stuck In Neutral On Tuesday

The Hong Kong stock market has moved higher in two straight sessions, improving more than 825 points or 3.4 percent along the way. The Hang Seng Index now rests just beneath the 25,830-point plateau although it may open under pressure 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 | 32 minut temu

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 | 35 minut temu

China Stock Market Due For Consolidation

The China stock market has moved higher in four straight sessions, advancing almost 160 points or 4.4 percent along the way. The Shanghai Composite Index now sits just above the 3,880-point plateau although it may see profit taking on Tuesday.

RTTNews | 47 minut temu

Taiwan Bourse May Hand Back Monday's Gains

The Taiwan stock market bounced higher again on Monday, one session after ending the two-day winning streak in which it had gained more than 600 points or 2.6 percent. The Taiwan Stock Exchange now rests just above the 24,275-point plateau although it's expected to open to the downside 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. For the day, the index surged 512.91 points or 2.16 points to finish at 24,277.38 after trading between 24,108.75 and 24,362.02. Among the actives, Mega Financial and United Microelectronics Corporation both eased 0.12 percent, while Fubon Financial jumped 1.93 percent, E Sun Financial and Formosa Plastics both sank 0.74 percent, Taiwan Semiconductor Manufacturing Company accelerated 3.08 percent, Hon Hai Precision rallied 2.47 percent, Largan Precision added 0.42 percent, MediaTek soared 3.30 percent, Novatek Microelectronics climbed 1.18 percent, Nan Ya Plastics surged 3.53 percent, Asia Cement gained 0.40 percent and Cathay Financial, CTBC Financial and Catcher Technology were unchanged.

RTTNews | 1g 17 minut temu

Singapore Stock Market Tipped To Open In The Red

The Singapore stock market has climbed higher in five straight sessions, improving almost 70 points or 1.6 percent along the way. The Straits Times Index now sits just above the 4,255-point plateau although investors may lock in gains 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 | 1g 47 minut temu

Rally May Stall For Malaysia Stock Market

The Malaysia stock market has moved higher in three straight sessions, collecting almost 15 points or 0.9 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,600-point plateau although it's likely to open to the downside 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 | 2g 17 minut temu

EURUSD	1.16415	GBPUSD	1.34755	AUDUSD	0.64785
USDJPY	147.301	USDCAD	1.3854	USDCHF	0.80419