Market Update: The S&P/ASX 200 surged 1.4% to 5,168pts following a rally in the US equity markets
Market Update: The S&P/ASX 200 surged 1.4% to 5,168pts following a rally in the US equity markets. Resources led the broad base rally with BHP jumping 2.1% and RIO up 1.7%. All major banks were higher between 0.8% and 1.5%. Wotif.com dropped another 9.8% on top of yesterday's 31.8% plunge. The AUD fell through US$0.89 to be trading at US$0.8840. The SPI was up 1.4% at 5,137 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
Equities
The 4 common traits of small-cap takeovers (and our top 8 targets for 2025)
Seneca Financial Solutions