Australian Market Extends Early Gains In Mid-market

RTTNews | 104 ngày trước
Australian Market Extends Early Gains In Mid-market

(RTTNews) - The Australian stock market is extending its early gains in mid-market moves on Friday, adding to the gains in the previous two sessions, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving well above the 8,200 level, with gains in technology and energy stocks partially offset by weakness in mining stocks.

The benchmark S&P/ASX 200 Index is gaining 39.70 points or 0.49 percent to 8,231.40, after touching a high of 8,231.70 earlier. The broader All Ordinaries Index is up 39.70 points or 0.47 percent to 8,461.40. Australian stocks closed modestly higher on Thursday.

Among major miners, Rio Tinto and BHP Group are losing almost 1 percent each, while Mineral Resources is gaining almost 2 percent and Fortescue Metals is edging up 0.1 percent. Oil stocks are mostly higher. Origin Energy is gaining more than 1 percent and Beach energy is advancing almost 2 percent, while Santos and Woodside Energy are adding more than 2 percent each.

Among tech stocks, Afterpay-owner Block is gaining more than 4 percent, Appen is surging more than 7 percent, WiseTech Global is adding more than 2 percent and Xero is up 2.5 percent. Zip is flat.

Among the big four banks, Westpac is adding almost 2 percent, while Commonwealth Bank and National Australia Bank are gaining more than 1 percent. ANZ Banking is losing almost 1 percent.

Gold miners are mostly lower. Evolution Mining and Resolute Mining are losing almost 3 percent each, while Northern Star Resources is down more than 1 percent and Newmont is declining almost 2 percent. Gold Road Resources is edging up 0.2 percent.

In other news, shares in Avita Medical are slumping almost 17 percent despite reaffirming expectations for a 55 percent to 65 per cent jump in full-year commercial revenue after the wound care product provider reported significant growth in both new and existing customer accounts.

In the currency market, the Aussie dollar is trading at $0.639 on Friday.

read more
Swiss Market Ends Weak

Swiss Market Ends Weak

The Switzerland market ended modestly lower on Thursday after languishing in negative territory right through the day's trading session, as the mood remained cautious with investors looking ahead to speeches from central bank chiefs at Federal Reserve's Jackson Hole Symposium.
RTTNews | 7h 42phút trước
European Stocks Close On Mixed Note Again

European Stocks Close On Mixed Note Again

European stocks turned in another mixed performance as investors stayed a bit cautious on Thursday, looking ahead to Federal Reserve's symposium at Jackson Hole, Wyoming, and largely shrugging off trade concerns. Investors also digested the latest batch of regional economic data, including flash estimates of manufacturing and services sector activity in the major economies.
RTTNews | 7h 58phút trước
Eurozone Consumer Confidence Weakens More Than Expected In August

Eurozone Consumer Confidence Weakens More Than Expected In August

Euro area consumer sentiment deteriorated more than expected in August to a four-month low, after a strong improvement in the previous month, preliminary results of the monthly survey by the European Commission revealed on Thursday.
RTTNews | 8h 47phút trước
U.S. Leading Economic Index Edges Down In Line With Estimates In July

U.S. Leading Economic Index Edges Down In Line With Estimates In July

A reading on leading U.S. economic indicators edged slightly lower in the month of July, according to a report released by the Conference Board on Thursday. The Conference Board said leading economic index slipped by 0.1 percent in July after falling by 0.3 percent in June. The modest decrease matched economist estimates.
RTTNews | 10h 41phút trước
U.S. Existing Home Sales Unexpectedly Rebound In July

U.S. Existing Home Sales Unexpectedly Rebound In July

The National Association of Realtors released a report on Thursday showing an unexpected rebound by existing home sales in the U.S. in the month of July. The report said existing home sales jumped by 2.0 percent to an annual rate of 4.01 million in July after tumbling by 2.7 percent to an annual rate of 3.93 million in June.
RTTNews | 10h 52phút trước