Australian Market Sharply Trims Early Gains In Mid-market

RTTNews | 13 ชม. 22 นาทีที่ผ่านมา
Australian Market Sharply Trims Early Gains In Mid-market

(RTTNews) - The Australian stock market is sharply trimming its early gains in mid-market trading on Tuesday, but extending the gains in the previous two sessions, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving well above the 7,850 level, with a mixed performance across most sectors. Energy stocks were the only bright spot.

The benchmark S&P/ASX 200 Index is gaining 17.80 points or 0.23 percent to 7,871.90, after touching a high of 7,922.90 earlier. The broader All Ordinaries Index is up 17.80 points or 0.22 percent to 8,099.90. Australian stocks closed significantly higher on Monday.

Among the major miners, BHP Group and Mineral Resources are edging down 0.3 to 0.5 percent each, while Fortescue Metals is declining almost 2 percent. Rio Tinto is edging up 0.1 percent.

Oil stocks are mostly higher. Santos, Beach energy and Origin Energy are gaining almost 1 percent each, while Woodside Energy is edging up 0.3 percent.

Among tech stocks, Afterpay owner Block is gaining almost 3 percent and Xero is edging up 0.4 percent, while Appen is losing almost 5 percent, WiseTech Global is edging down 0.2 percent and Zip is declining more than 2 percent.

Gold miners are mostly lower. Evolution Mining is losing almost 1 percent, Northern Star resources is edging down 0.2 percent and Resolute Mining is declining almost 2 percent, while Newmont is advancing more than 2 percent. Gold Road Resources is slipping almost 5 percent after it warned of lower expected output from its Gruyere joint venture in the March quarter.

Among the big four banks, Commonwealth Bank is edging down 0.1 percent and National Australia Bank is losing almost 1 percent, while Westpac and ANZ Banking are gaining almost 1 percent each.

In other news, shares in New Hope Corp. are jumping more than 8 percent after the coal miner grew interim profit by more than a third, boosted its dividend and announced a $100 million share buyback.

In the currency market, the Aussie dollar is trading at $0.638 on Tuesday.

read more
Euro Rises Ahead Of German Debt Vote, Trump-Putin Talks

Euro Rises Ahead Of German Debt Vote, Trump-Putin Talks

The euro strengthened against other major currencies in the European session on Tuesday, with an upcoming German vote on historic debt reforms and Ukraine peace talks in focus.
RTTNews | 4 ชม. 20 นาทีที่ผ่านมา
Euro Rises Against Majors

Euro Rises Against Majors

The euro strengthened against other major currencies in the European session on Tuesday.
RTTNews | 4 ชม. 49 นาทีที่ผ่านมา
FTSE 100 Modestly Higher As Resources, Bank Stocks Move Up

FTSE 100 Modestly Higher As Resources, Bank Stocks Move Up

U.K. stocks are modestly higher Tuesday morning, in line with markets across the region, as investors await a vote on major spending plan in Germany, and talks between U.S. President Donald Trump and Russian President Vladimir Putin to end the ongoing war in Ukraine.
RTTNews | 5 ชม. 25 นาทีที่ผ่านมา
Sensex Soars Over 1,100 Points; Nifty Ends Above 22,800

Sensex Soars Over 1,100 Points; Nifty Ends Above 22,800

Indian shares rallied on Tuesday to scale a one-month peak, mirroring firm cues from global markets after data showed U.S. retail sales rebounded marginally in February, helping ease recession concerns.
RTTNews | 5 ชม. 33 นาทีที่ผ่านมา
CAC 40 Advances; Technology, Bank Stocks Move Higher

CAC 40 Advances; Technology, Bank Stocks Move Higher

French stocks are up firmly in positive territory on Tuesday on positive cues from other markets in the region, ahead of a vote on a crucial spending plan in Germany, and U.S. President Donald Trump's Ukraine peace talks with Russian President Vladimir Putin.
RTTNews | 5 ชม. 42 นาทีที่ผ่านมา
BlackRock, Vanguard, State Street Seek Court To Dismiss US Antitrust Lawsuit

BlackRock, Vanguard, State Street Seek Court To Dismiss US Antitrust Lawsuit

Asset managers BlackRock Inc., Vanguard and State Street Corp. have asked a Texas court to dismiss a U.S. state lawsuit accusing them of conspiring to decrease coal output, Reuters reported. The companies reportedly said the allegations were half-baked and untested legal theories and asked the court to reject the adventurous attempt to rewrite antitrust law.
RTTNews | 5 ชม. 53 นาทีที่ผ่านมา
DAX Rises Nearly 1.5% Ahead Of Vote On Spending Plan

DAX Rises Nearly 1.5% Ahead Of Vote On Spending Plan

German stocks are rising sharply on Tuesday as investors indulge in some hectic buying ahead of a vote on a multibillion-euro spending package, that would help reform the "debt brake" and increase funding for defense and infrastructure.
RTTNews | 5 ชม. 59 นาทีที่ผ่านมา
NZD Rises; JPY Drops Amid Risk-on Mood

NZD Rises; JPY Drops Amid Risk-on Mood

The New Zealand dollar strengthened, and the safe-haven yen weakened against major currencies in the Asian session on Tuesday amid risk appetite, as traders continued to pick up stocks at reduced levels following recent weakness. They also seemed reluctant to make more significant moves ahead of the U.S. Fed's monetary policy announcement on Wednesday.
RTTNews | 6 ชม. 44 นาทีที่ผ่านมา