Australian Markets Opened Higher But Faded in Afternoon Session
- The Australian markets were trading higher in morning session but it faded in afternoon trades. If we talk about opening session, the benchmark S&P/ASX 200 index was up 13.8 points, or 0.26 per cent, at 5,346.7, while the broader All Ordinaries index was up 14.00 points, or also 0.26 per cent, at 5,338.9.
- Not only the ASX 200 but Australian dollar also jumped a third of a cent to 91.15 US cents on the better than expected capital expenditure figures. Presently, it is trading at 91.26 US cents.
- All regional markets are trading positive today. Here's a quick look:
- Nikkei: +1.1%
- Shanghai: +0.2%
- Hong Kong: +0.7%
- Taiwan: +0.8%
- South Korea: +0.6%
- Singapore: +0.6%
- New Zealand: +0.1%
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