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On Tuesday, Australian shares slumped after the close because losses in the Metals & Mining, Healthcare as well as Materials sectors weighed on shares.
The S&P/ASX 200 dipped 0.17% hitting a fresh 6-months peak.
The best performance of the session on the S&P/ASX 200 was demonstrated by Orocobre Ltd, TPG Telecom Ltd and Monadelphous Group Ltd. They went up 4.76%, 3.24% and 2.54% respectively.
Meanwhile, losers were represented by such benchmarks as Bendigo And Adelaide Bank Ltd, Western Areas Ltd and Mineral Resources Ltd. They dived respectively 4.77%, 3.79% and 3.76%.
Soaring stocks outnumbered declining equities on the Sydney Stock Exchange by 642, while 367 remained intact.
Equities in Monadelphous Group Ltd rallied to 3-years maximums, earing 2.54% reaching 16.970.
Estimating the implied volatility of S&P/ASX 200 options, the S&P/ASX 200 VIX managed to earn 0.29% showing a reading of 11.284.
The currency pair AUD/USD decreased 0.13% hitting 0.7678; AUD/JPY sank 0.21% reaching 86.83.
On Wednesday, American stock index futures headed south because dismal data out of China affected market sentiment, while traders waited for more developments related to the US-China trade conflict…
On Wednesday, Italian stocks led losses in the European Union right after the country's deputy prime minister told that Rome considers breaking EU fiscal rules, thus masking early revenue powered by optimism around the US-China trade conflict…
On Tuesday, another US-China tariff conflict escalation put pressure on Asian stocks, although remarks from American leader that he expects trade talks to be successful backed market sentiment…
In July, Britain's inflation rate rallied for the first time in 2018, thus leaving many UK households feeling quite squeezed by prices, soaring at nearly the same tempo as their wages…
On Friday, the evergreen buck rallied versus its counterparts after data disclosed that the American economy generated more jobs than anticipated In October, thus backing the Fed’s case to proceed with gradual rate lifts…
On Monday, gold declined because the evergreen buck managed to gain early traction, thus putting pressure on the most popular precious commodity, which has been sticking with the year’s minimums…
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