- Australian Market closed with small gains but well off its early highs as investors remain cautious ahead of US Fed's meeting starting overnight. The benchmark S&P/ASX 200 index rose 13.6 points, or 0.3 per cent, to 5103.2, while the broader All Ordinaries added 13.0 points, or 0.3 per cent, to 5106.1. Financials sector edged up 0.1 per cent, materials sector ended flat, while industrials sector gained 0.7 per cent.
- Australian dollar got a bit of nudge after US Fed meeting minutes and rose about one-tenth of a cent to the day's high of 89.59 US cents. Presently, it is trading at 89.42 US cents.
- Take a quick look at today's gainers and losers :
- The Australian market is losing onto early gains as investors are trading cautiously ahead of key US Federal Reserve policy meeting today. In morning, the share market has opened higher, tracking overseas markets gains in the wake of encouraging U.S. and European economic data.
- The benchmark S&P/ASX 200 index was up 28.2 points, or 0.6 per cent, to 5117.8, while the broader All Ordinaries gained 26.7 points, or 0.5 per cent, to 5119.8.
- Among the sectors, financials sector was up 0.7 per cent, materials sector gained 0.6 per cent, while consumer discretionary shares were down 0.2 per cent.
- Take a quick look at how regional markets are trading:
- Nikkei: +0.9%
- Hang Seng: +0.3%
- Shanghai: -0.3%
- Taiwan: +0.7%
- South Korea: +0.7%
- Singapore: +0.7%
- New Zealand: -0.4%
ASX 200 Tips
- Australian market closed lower for seventh time out of past eight sessions as investors traded cautiously ahead of Fed's two-days meeting starting tomorrow. The benchmark S&P/ASX200 index fell 8.8 points, or 0.2 per cent, to 5089.6, while the broader All Ords lost 8.4 points, or 0.2 per cent, to 5093.1.
- Sectors ended mixed, with consumer discretionary sector rising 0.9 per cent and industrials sector ended up by 0.8 per cent, while financials fell 0.5 per cent and materials slipped 0.1 per cent.
- Regional markets are also feeling pressure because of two reasons: fall in Chinese manufacturing and Fed's two-days meeting to cut the stimulus. Here's how regional markets are trading today:
- Japan (Nikkei): -1.2%
- Hong Kong: -0.7%
- Shanghai: -1.4%
- Taiwan: -0.5%
- Korea: -0.1%
- ASX200: -0.4%
- Singapore: -0.5%
- New Zealand: +0.3%
ASX Tips
- Australian market finally ended its losing streak after six days and closed on a positive note as investors turned cautious on the possible cut to US stimulus next week. The benchmark S&P/ASX 200 index gained 35.9 points, or 0.7 per cent, to 5098.4, while the broader All Ordinaries added 32.3 points, or 0.6 per cent, to 5101.5.
- Most sectors closed higher, with energy (+1.3%) and industrials (+1.1%) leading the gains. Materials rose 0.8 per cent, financials gained 0.7 per cent, while IT slipped 0.4 per cent.
- The Australian dollar is heading towards longest stretch of weekly losses since 1985 and it touched a near four-month low of 89.14 US cents today. Presently, it is trading at 89.24 US cents.
- Given below are today's gainers and losers at ASX 200:
- Australian market broke six-days' losing streak after a negative opening and investors are trading cautiously as US Federal Reserve might cut the stimulus pack in next week. If we take a look at morning session, the benchmark S&P/ASX 200 index slipped 4.3 points, or 0.1 per cent, to 5058.2, while the broader All Ordinaries opened by 5.4 points down, or 0.1 per cent, at 5063.8.
- Gains in the materials sector, up 0.2 per cent, are being offset by losses in financials, down 0.1 per cent and in consumer discretionary, down 0.2 per cent.
- Australian dollar hasn't made much of recovery from its overnight slump of 89.27 US cents. Presently, the local currency is trading at 89.40 US cents.
- Here's a quick look at regional markets as most of them are trading lower as US economic data improved a bit.
- Japan (Nikkei): -0.4%
- Hong Kong: -0.6%
- Taiwan: +0.2%
- Korea: -1%
- ASX 200: +0.05%
- Singapore: -0.4%
- New Zealand: -0.5%
ASX Share Tips
- Australian market closed lower for a sixth straight day as investors booked profits in banking shares. The benchmark S&P/ASX 200 index lost 41.7 points, or 0.8 pre cent, to 5062.5, while the broader All Ordinaries fell 40.3 points, or 0.8 per cent, to 5069.2.
- Among the sectors, energy slumped 1.5 per cent, materials lost 1.4 per cent and financials shed 0.8 per cent.
- The six-day losing streak is the longest since July 2012, when the market also fell six consecutive days. If it fell another day tomorrow it would be the longest losing stretch since late June 2010.
- This is how regional markets are doing today:
- Nikkei: -1.6%
- Hang Seng: -0.5%
- Shanghai: -0.1%
- Taiwan: -0.8%
- South Korea: -0.7%
- Singapore: -0.4%
- New Zealand: -0.3%
ASX 200 Tips
- The Australian markets are trading into losses consecutively for sixth trading session and extending the sell-off of the past sessions. In morning session, the benchmark S&P/ASX 200 is up 3.5 points, or 0.1 per cent, at 5107.7, while the broader All Ordinaries has gained 2.7 points, or 0.1 per cent, to 5112.2. Losses in materials (down 0.4 per cent) are being offset by gains in financials (+0.2 per cent) and industrials (+0.4 per cent).
- This is how banking and mining shares are dragging today's market:
- Westpac: +1.1% at $31.21
- NAB: +0.5% at $33.03
- ANZ: +0.2% at $30.66
- CBA: -0.3% at $74.31
- QBE: -3% at $10.685
- BHP: flat at $36.18
- Rio: -0.5% at $65.43
- The Australian dollar (AUD) spiked to a day's high of 90.82 US cents on the jobs data. Presently, it is trading at 90.26 US cents.
ASX 200 Tips
