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Global Market: Australian shares log best week in 3 as Fed-hike bets cool; banks, miners lead
Indian investors found a reason to cheer as Australian shares posted their strongest week in three, driven by a global surge in commodity and financial stocks. Softer U.S. jobs data has eased concerns about further interest rate hikes by the Federal Reserve, boosting market sentiment. Miners and banks, key components of the Australian market, led the gains, with gold stocks experiencing a significant uplift.
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4 prospettive sulla stessa storiaTimeline cronologica
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economictimes.indiatimes.com
Australian shares slip on inflation concerns, miners top drags
The benchmark S&P/ASX 200 index closed 0.5% lower at 8,778.70 on the final trading day of the current financial year. The index rose 3.5% for the quarter, its best since…
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theage.com.au
ASX lower as banks slide; South32 jumps on $8.1b deal
The Australian sharemarket has fallen at the open with the big four banks weighing on the index but mining stocks rebounded.
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Global Market: Australian shares start new financial year lower as banks drag; miners limit losses
Australian shares kicked off the new financial year on a downbeat note, with banks leading the decline following disappointing housing price data. While miners, particularly…
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smh.com.au
ASX closes higher as banks bounce; NAB jumps 3.8%
The Australian sharemarket has managed to avoid a third straight day of losses thanks to a bounce from the banking sector.
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ASX rises, Fortescue slumps after China report
The Australian sharemarket has started the session in positive territory after a mixed night on Wall Street, where the Dow Jones hit a record high. But there were more falls for…
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abc.net.au
Live: ASX set to rise after Dow record
The ASX is expected to open higher after weaker US jobs data eased interest rate hike expectations. Follow the day's events and insights from our business reporters on the ABC…
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Global Market: Australian shares log best week in 3 as Fed-hike bets cool; banks, miners lead
Indian investors found a reason to cheer as Australian shares posted their strongest week in three, driven by a global surge in commodity and financial stocks. Softer U.S. jobs…