Market Update: The S&P/ASX200 inched up to 5,439 points despite the US and European equity markets finishing lower last night

Bell Potter

Stockbroker

Market Update: The S&P/ASX200 inched up to 5,439 points despite the US and European equity markets finishing lower last night. The gains in financials offset weaknesses in resources. All the major banks were higher between 0.2% to 0.8%. Iron ore prices fell again overnight. BHP was down 1.1% and RIO fell 2.3%. The AUD is currently trading at USD 0.9008. The SPI was up 0.3% at 5,427 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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