Market Update: The S&P/ASX 200 was directionless throughout the morning as U.S
Market Update: The S&P/ASX 200 was directionless throughout the morning as U.S. markets were closed last night for Martin Luther King holiday but moved up 0.5% to 5,319 points after China's central bank injected 255 bn yuan to the financial system. Traders switched out of resources into financials with all the major banks up between 0.7% to 1.0%. Miners retreated after recent strength with BHP 0.5% lower and RIO falling 1.1%. The AUD recovered after recent lows to be trading at US$0.8818. The SPI was up 0.5% at 5,283 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.
1 topic
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