Wednesday, 30 October 2013

ASX 200 Market Wrap - Australian Shares ended on a Positive Note

  • Australian shares traded on a firm note today as investors expect the US Federal Reserve to maintain the economic stimulus.
  • The benchmark S&P/ASX200 index added 15.4 points, or 0.3 per cent, to 5430.9, while the  broader All Ordinaries index gained 14.7 points, or 0.3 per cent, to 5425.4.
  •  Today, ASX couldn't capitalize on the morning gains and fell short as investors traded cautiously ahead of an important economic event like FOMC meeting.
  • Australian dollar (AUD) appreciated today and it closed at 0.95008 USD or 95.008 US Cents.
  • NAB shares dropped 45 cents to $36.23, while ANZ gained seven cents to $33.70, Commonwealth Bank added 22 cents to $77.01 and Westpac was 30 cents higher at $34.90.
  • Among the day's top performers was JB Hi-Fi, which said sales in the early months of the financial year were higher. Its shares gained 75 cents, or 3.65 per cent, to $21.29.
ASX Shares Tips

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