Market Update: The S&P/ASX 200 was marginally up 0.1% to 5,340 points despite the fact US equity markets closed lower last Friday night

Bell Potter

Stockbroker

Market Update: The S&P/ASX 200 was marginally up 0.1% to 5,340 points despite the fact US equity markets closed lower last Friday night. All the major banks were between 0.2% to 0.5% higher. Kathmandu Holdings jumped 10.3% after its first-half profit lifted 10%. Resources pared gains as China's HSBC Holdings PMI came in at 48.1, lower than forecast of 48.7. BHP climbed 0.4% and RIO was flat. The AUD was flat at USD 0.9083. The SPI was up 0.2% at 5,341 points on the Sydney Futures Exchange.


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.

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