Market Update: The S&P/ASX 200 was up 0.5% to 5,343 points following a rebound in the US and European equity markets overnight as concerns over the situation...

Bell Potter

Stockbroker

Market Update: The S&P/ASX 200 was up 0.5% to 5,343 points following a rebound in the US and European equity markets overnight as concerns over the situation in Ukraine receded. All the major banks were higher between 0.4% to 1.1%. Resources were mixed with BHP and RIO both up 1.8% and 0.9% respectively. Gold stocks retreated after recent run-up as spot gold fell 1.2% last night on easing concerns in Ukraine. Resolute Mining dropped 9.9%. The AUD was trading slightly weaker at USD 0.9082. The SPI was up 0.4% at 5,345 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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