Market Update: The S&P/ASX 200 edged down 0.1% to 5,426 points on the back of a mostly down day in the U.S
Market Update: The S&P/ASX 200 edged down 0.1% to 5,426 points on the back of a mostly down day in the U.S. and European equity markets overnight. CBA shares gained 1.3%, hitting an all time high of $78.40 after its first quarter profit exceeded expectation at $2.1bn. Other banks were mixed. ANZ gained 0.1% while both NAB and WBC were down 0.1% and 0.4% respectively. Resources gained, especially iron ore miners as the physical metal rose again last night. FMG climbed 4.2% while Atlas Iron jumped 6.4%. The A$ is currently trading at US$0.9512. The SPI was down 0.1% at 5,412 points on the Sydney Futures Exchange.
Never miss an update
Enjoy this wire? Hit the ‘like’ button to let us know.
Stay up to date with my current content by
following me below and you’ll be notified every time I post a wire
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.
Comments
Comments
Sign In or Join Free to comment
most popular
Funds
8 ETFs for a high growth, low cost portfolio
Livewire Markets
Equities
The chink in Nvidia’s armour that everyone missed
Fat Tail Investment Research