Market Update: The S&P/ASX200 was up 0.8% at 5,350 points on the back of a positive finish in the US equity markets overnight

Bell Potter

Stockbroker

Market Update: The S&P/ASX200 was up 0.8% at 5,350 points on the back of a positive finish in the US equity markets overnight. All the major banks were higher between 0.1% to 0.9%. Resources were mixed with BHP climbing 1.2% but RIO falling 0.6% even though it reported a better than expected full year result. The AUD recovered a little from yesterday's drop but still below USD 0.90. It is currently trading at USD 0.8997. The SPI was up 0.8% at 5,303 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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