Australian Market Extends Early Gains In Mid-market

RTTNews | 97 dias atrás

(RTTNews) - The Australian stock market is extending its early gains in mid-market moves on Wednesday, recouping some of the losses in the previous two sessions, with the benchmark S&P/ASX 200 staying well below the 8,200 level, despite the broadly negative cues from Wall Street overnight, with gains across most sectors led by mining and technology stocks. The benchmark S&P/ASX 200 Index is gaining 15.40 points or 0.19 percent to 8,166.80, after touching a high of 8,179.80 earlier. The broader All Ordinaries Index is up 15.10 points or 0.18 percent to 8,384.40. Australian stocks ended slightly lower on Tuesday.

Among major miners, BHP Group, Fortescue Metals and Rio Tinto are gaining almost 2 percent each, while Mineral Resources is soaring more than 9 percent.

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

In the tech space, Afterpay owner Block is gaining almost 3 percent, Appen is surging 7.5 percent and Zip is soaring more than 10 percent, while WiseTech Global is losing almost 1 percent and Xero is edging down 0.5 percent.

Among the big four banks, Commonwealth Bank and ANZ Banking is edging up 0.1 to 0.4 percent each, while National Australia Bank is adding almost 2 percent. Westpac is losing more than 1 percent.

Among gold miners, Evolution Mining is gaining almost 1 percent, Resolute Mining is advancing almost 4 percent and Gold Road Resources is edging up 0.5 percent, while Newmont is edging down 0.2 percent and Northern Star Resources is losing more than 1 percent.

In other news, shares in Nuix are tumbling more than 15 percent after withdrawing full-year guidance for revenue growth and underlying cash flow as it said customers were holding off committing to new IT contracts.

Shares in Boss Energy are surging more than 10 percent after telling investors at the Macquarie Australia conference it was well-positioned to benefit from a rising triuranium octoxide price.

In the currency market, the Aussie dollar is trading at $0.649 on Wednesday.

Australian Market Trims Early Gains In Mid-market

The Australian stock market is trimming its early gains in mid-market trading on Tuesday, but extending the gains in the previous session, despite the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,850 level to fresh all-time high, with gains in financial and energy stocks partially offset by weakness in mining and technology stocks.

RTTNews | 51 minutos atrás

Asian Markets Trade Mostly Higher

Asian stock markets are trading mostly higher on Tuesday, despite the broadly negative cues from Wall Street overnight, with the Australian and the Japanese markets hitting record all-time highs, as the U.S. and China agreed to extend their tariff truce for another 90 days. Optimism about the US Fed cutting interest rate at its next meeting is also aiding market sentiment.

RTTNews | 1 h 30 min atrás

Sensex, Nifty Set For Muted Open On Mixed Global Cues

Indian shares are seen opening flat to slightly lower on Tuesday after rising sharply in the previous session as the announcement of a meeting between Russian President Vladimir Putin and U.S. President Donald Trump has fueled expectations of a potential end to sanctions limiting supply of Russian oil to other markets.

RTTNews | 2 h 1 min atrás

Japanese Market Sharply Higher; Up 2%

The Japanese stock market is trading sharply higher on Tuesday, extending the gains in the previous five sessions, despite the broadly negative cues from Wall Street overnight, with the Nikkei 225 surging over 2 percent near the 42,700 level to record all-time highs, with gains across all sectors led by index heavyweights, technology and financial stocks.

RTTNews | 2 h 55 min atrás

Indonesia Stock Market May Be Stuck In Neutral On Tuesday

The Indonesia stock market has tracked higher in back-to-back sessions, improving more than 115 points or 15 percent along the way. The Jakarta Composite Index now sits just above the 7,600-point plateau although it's expected to open in the red on Tuesday. The global forecast for the Asian markets is soft ahead of key U.S. inflation data. The European markets were mixed and the U.S. bourses were down and the Asian markets also figure to track into the red.

RTTNews | 3 h 3 min atrás

Renewed Consolidation Likely For Hong Kong Stock Market

The Hong Kong stock market moved higher again on Monday, one session after snapping the four-day winning streak in which it had rallied more than 570 points or 2.4 percent. The Hang Seng Index now rests just above the 24,900-point plateau although it may hand back those gains on Tuesday. The global forecast for the Asian markets is soft ahead of key U.S. inflation data. The European markets were mixed and the U.S. bourses were down and the Asian markets also figure to track into the red.

RTTNews | 3 h 18 min atrás

Australian Market Modestly Higher

The Australian stock market is trading modestly higher on Tuesday after opening in the red, extending the gains in the previous session, despite the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,850 level to fresh all-time high, with gains in financial and energy stocks and a mixed performance in mining and technology stocks.

RTTNews | 3 h 25 min atrás

China Stock Market May Hand Back Monday's Gains

The China stock market bounced higher again on Monday, one session after halting the four-day winning streak in which it had gathered almost 80 points or 2.4 percent. The Shanghai Composite Index now sits just beneath the 3,650-point plateau although it's likely to head south again on Tuesday. The global forecast for the Asian markets is soft ahead of key U.S. inflation data. The European markets were mixed and the U.S. bourses were down and the Asian markets also figure to track into the red.

RTTNews | 3 h 33 min atrás

EURUSD	1.16206	GBPUSD	1.34302	AUDUSD	0.65065
USDJPY	148.417	USDCAD	1.37798	USDCHF	0.8111