Market Update: The S&P/ASX 200 reclaimed yesterday's losses to be up 0.5% to 5,413 points on the back of the strength in resources companies, better than...
Market Update: The S&P/ASX 200 reclaimed yesterday's losses to be up 0.5% to 5,413 points on the back of the strength in resources companies, better than expected employment data and unemployment rate which held steadily at 6.0%. BHP was up 1.0% and RIO climbed 2.4%. Gold stocks rallied as the yellow metal rose 1.3% overnight. Alacer Gold jumped 6.6%. Financials bounced back with all the major banks rising between 0.2% to 0.8%. The AUD slowly rose above USD 0.90 during the morning and jumped another USD 0.005 after the employment data to be trading at USD 0.9066. The SPI was up 0.7% at 5,413 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.
Stockbroker
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.
Expertise
Stockbroker
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.
Expertise
Comments
Comments
Sign In or Join Free to comment
most popular
Equities
How to choose excellent fund managers
Livewire Markets
Macro
The RBA should warn that it could raise rates again
Coolabah Capital