Market Update: The S&P/ASX 200 opened on a positive note following a strong session across the U.S

Bell Potter

Stockbroker

Market Update: The S&P/ASX 200 opened on a positive note following a strong session across the U.S. and European equity markets overnight with the S&P 500 and DAX closing at record highs. The market continued to climb higher to be up 1.0% at 5,297 points after the disappointing jobs data. Resources led the way after a few big caps released strong production reports. BHP and RIO rose 2.2% and 2.0% respectively. Iluka Resources rallied 7.5% after full year production was in line with expectation and full year sales exceeded forecast. Financials were mixed with CBA down 0.5% and other major banks were up between 0.1% to 0.4%. The AUD has fallen almost US$0.01 after the jobs data and is currently trading near the day's low at US$0.8815. The SPI was up 1.1% at 5,260 points on the Sydney Futures Exchange.


1 topic

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.

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.