Australian Market Relatively Flat In Mid-market

RTTNews | 210 วันที่ผ่านมา

(RTTNews) - The Australian stock market is relatively flat in mid-market trading on Tuesday after alternating across the unchanged line, after the gains in the previous session. The benchmark S&P/ASX 200 index is staying above the 8,400.00 level, with gains in iron ore miners and financial stocks partially offset by weakness in gold miners, energy and technology stocks.

The benchmark S&P/ASX 200 Index is gaining 3.50 points or 0.04 percent to 8,412.40, after touching a high of 8,427.10 and a low of 8,386.50 earlier. The broader All Ordinaries Index is down 3.10 points or 0.04 percent to 8,657.30. Australian stocks closed modestly higher on Friday ahead of the holiday on Monday.

Among the major miners, BHP Group and Fortescue Metals are gaining almost 1 percent each, while Rio Tinto and Mineral Resources are edging down 0.2 to 0.4 percent each.

Oil stocks are mostly lower. Origin Energy is losing almost 2 percent, while Woodside Energy and Santos are edging down 0.1 to 0.5 percent each. Beach energy is edging up 0.1 percent.

Among tech stocks, Zip and WiseTech Global are losing more than 1 percent each, while Appen is declining 3.5 percent. Xero is gaining almost 1 percent. Afterpay owner Block is flat.

Gold miners are mostly lower. Gold Road Resources is losing almost 5 percent, Newmont is down almost 1 percent, Northern Star resources is declining 2.5 percent and Evolution Mining is edging down 0.5 percent, while Resolute Mining is gaining almost 1 percent.

Among the big four banks, Westpac, ANZ Banking and National Australia Bank are adding more than 1 percent each, while Commonwealth Bank is gaining almost 1 percent.

In other news, shares in Nuix are plummeting almost 17 percent after the software provider said it would post a drop in underlying earnings in the half-year to December, hurt by project delays and acceptance of more complex contracts.

Shares in Telix Pharmaceuticals are surging more than 4 percent after completing its buyout of US-listed RLS Radiopharmacies for $230 million.

In the currency market, the Aussie dollar is trading at $0.626 on Tuesday.

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 | 20 นาทีที่ผ่านมา

Japan Stock Market May Spin Its Wheels On Tuesday

The Japan stock market has moved higher in back-to-back sessions, gathering almost 200 points or 0.5 percent along the way. The Nikkei 225 now rests just above the 42,800-point plateau although it may be stuck in neutral 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. The Nikkei finished modestly higher on Monday following gains from the financial shares, weakness from the technology stocks and a mixed picture from the automobile companies. For the day, the index advanced 174.53 points or 0.41 percent to finish at 42,807.82 after trading between 42,681.37 and 43,201.42. Among the actives, Nissan Motor accelerated 3.15 percent, while Mazda Motor shed 0.55 percent, Toyota Motor eased 0.10 percent, Honda Motor climbed 1.01 percent, Softbank Group soared 3.53 percent, Mitsubishi UFJ Financial dipped 0.11 percent, Mizuho Financial collected 0.79 percent, Sumitomo Mitsui Financial added 0.41 percent, Mitsubishi Electric rose 0.35 percent, Sony Group slumped 1.11 percent, Panasonic Holdings lost 0.49 percent and Hitachi fell 0.24 percent.

RTTNews | 36 นาทีที่ผ่านมา

KOSPI May Run Out Of Steam On Tuesday

The South Korea stock market has tracked higher in three straight sessions, collecting almost 80 points or 2.6 percent along the way. The KOSPI now sits just shy of the 3,210-point plateau although it's due for consolidation 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 | 51 นาทีที่ผ่านมา