Market Update: On the back of a second consecutive night of strong gains across the US and European equity markets last Friday night, the S&P/ASX200 climbed...

Bell Potter

Stockbroker

Market Update: On the back of a second consecutive night of strong gains across the US and European equity markets last Friday night, the S&P/ASX200 climbed another 0.6% higher at 5,199 points. Both resources and financials were stronger. BHP rose 0.8% while RIO gained 1.2%. Gold miners were outstanding as the yellow metal rose last Friday night. Evolution Mining surged 10.4% while Silver Lake Resources jumped 6.9%. All the major banks were between 1.1% to 1.5% higher. The AUD was flat, currently trading at USD 0.8941. The SPI was up 0.5% at 5,147 points on the Sydney Futures Exchange.


Bell Potter Securities is a leading Australian stockbroking, investment and financial advisory firm that provides a comprehensive offering of financial services to a diversified client base that includes individuals, institutions and corporations.

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