Thursday, 16 January 2014

Australian Market is Trading in Red Today


  • The Australian market is trading lower as market is following the soft leads from US where disappointing earning results from Goldman Sachs and Citigroup weighed on the market. In morning session, the benchmark S&P/ASX 200 opened positively at 5,3318.20 while the broader All Ords opened at 5,327.60.
  • Among all the sectors, Energy, IT and materials shares are leading the gains.
  • The Australian dollar is struggling to recover its losses after a weak employment report saw the local currency fall to a three-and-a-half-year low. Presently, AUD is trading at 88.12 US cents.
ASX Share Tips

Wednesday, 15 January 2014

Australian Market Closed Near Day's High


  • The Australian market surge over 1% to close near day's high at 5,309.10 (+63.70 points or +1.21%) as Australian dollar is recovering its depreciation. The broader All Ordinaries index also closed near day's high at 5,319.40 (+63.9 points).
  • Among the sectors, all closed positive at. Here's how:
Consumer Discretionary1,820.5up22.2
Consumer Staples10,035.0up109.8
Energy13,495.9up273.2
Financials5,802.5up28.3
Financial-x-A-REIT6,847.6up26.6
Health Care14,539.5up280
Industrials3,913.2up56.5
Information Technology748.7up5.2
Materials10,078.2up251.7
S&P/ASX200 A-REIT1,014.7up10.9
Telecommunication Services1,836.1up21.8
Utilities5,477.3up61.7
  • The Australian dollar fell more than three quarters of a US cent after weaker than expected job figures. Presently, AUD is trading at 88.12 US cents.
ASX Share Tips

Australian Shares Higher on Positive Leads from US


  • The Australian market is trading higher because of positive cues from US sales figures. Energy and Health Care shares are leading the gains today. In morning session, the benchmark S&P/ASX 200 opened at 5256.00 while the broader All Ordinaries opened at 5265.10.
  • The Australian dollar is also trading strongly against US dollar amid positive global cues. Presently, local currency is trading at 88.13 US cents.
  •  Stocks to watch for today are: 
  • FMG: Fortescue Metals Group
  • DUE: Duet Group
  • RIO: Rio Tinto
ASX Tips

Tuesday, 14 January 2014

Australian Shares Closed Higher Today


  • The Australian share market has closed higher, recovering some of the Tuesday's losses after positive US retail sales figures. At the close, the benchmark S&P/ASX 200 index was 33.40 points up, or 0.64 per cent at 5,245.40 while the broader All Ordinaries index was up by 35.70 points, or 0.68 per cent at 5,255.50.
  • The local currency (AUD) is trading firmly against US dollar amid positive US retail sales figures. Presently, it is trading at 89.15 US cents.
  • Among the sectors, all performed good. Here's how:

  • Consumer Discretionary:        1,798.3      up      28.2
  • Consumer Staples:                   9,925.2      up      70.9
  • Energy:                                       13,222.7    up      73.6
  • Financials:                                  5,774.2     up      40.3
  • Health Care:                              14,259.5    up      88.2
  • Industrials:                                 3,856.7     up      14.7
  • Information Technology:         743.5         up      11.3
  • Materials:                                   9,826.5      up      33.3
  • Telecommunication Services: 1,814.3       up      8
  • Utilities:                                      5,415.6       up      32.8

ASX 200 Tips

Australian Market is Trading Positive Today



  • The Australian stocks are trading higher today on the back positive US retail sales figures and these figures boosted banking, mining and luxury consumer stocks at ASX. In morning session, the benchmark S&P/ASX 200 index opened at 5221.30 while the broader All Ordinaries opened at 5228.30. However, ASX has lost a bit of momentum in after noon session but its still trading firmly. 
  • The Australian dollar is also trading firmly against its US counter part after the positive US retail sales figures. Presently, it is trading at 89.20 US cents.
ASX Share Tips

Monday, 13 January 2014

Australian Market Closed Negative for a Consecutive 7th Session


  • The Australian market closed negative for a consecutive 7th trading session as Wall Street fell by well over 1 per cent and ASX is following that lead. The benchmark S&P/ASX 200 index closed at 5212 down by 80.1 points and the broader All Ordinaries fell 77 points and closed at 5,219.8.
  • Among sectors, all closed negative today, Here's a quick look:
Consumer Discretionary1,770.1down-40.6
Consumer Staples9,854.3down-156.5
Energy13,149.1down-175
Financials5,733.9down-99.8
Financial-x-A-REIT6,778.7down-122
Health Care14,171.3down-162.7
Industrials3,842.0down-66.3
Information Technology732.2down-14.7
Materials9,793.2down-108.6
S&P/ASX200 A-REIT992.0down-13.7
Telecommunication Services1,806.3down-17
Utilities5,382.8down-51.5

  • Local currency (AUD) is also following the same lead of ASX and slipping against US dollar. The Australian dollar slipped to 90.35 US cents.
ASX 200 Tips

Australian Market is Trading Lower Today


  • The Australian market is trading lower as investor turned cautious after disappointing US jobs data for the month of December, 2013. In morning session, the benchmark S&P/ASX 200 index opened at 5,283.40 while the broader All Ordinaries index opened at 5,288.80.
  • The Australian dollar is also trading lower against its US counter part after weaker-than-expected US jobs data for December, 2013. Presently, the local currency (AUD) is trading at 90.35 US cents.
ASX Share Tips