Market Update: The S&P/ASX 200 edged down 0.2% to 5,418 points on the back of a lower close in the U.S
Market Update: The S&P/ASX 200 edged down 0.2% to 5,418 points on the back of a lower close in the U.S. equity markets last night. Resources were down as physical metals prices retreated overnight with BHP slipping 0.4% and RIO dropping 0.7%. Financials were mixed with ANZ being the only major bank among its peers to be down, easing 0.2%. CBA was flat while NAB and WBC were up 0.7% and 0.9% respectively. MQG jumped 4.4% after half year profit rose by nearly 40% and it will distribute its $1.4bn worth of Sydney Airport holdings to its shareholders. David Jones surged 6.3% after first quarter sales rose by 2.1%. The A$ is currently trading at US$0.9478. The SPI was down 0.3% at 5,402 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