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On Thursday, Australian equities inched up after the close because revenues in the IT, Utilities as well as Telecoms Services sectors brought stocks up.
The S&P/ASX 200 edged up 0.10% showing a fresh 3-months peak.
Galaxy Resources Ltd, Australian Pharma Industries Ltd and Aveo Group demonstrated the best performance on the S&P/ASX 200, ascending respectively 5.49%, 4.43% and 3.77%.
As for the losers, they were represented by such benchmarks as Resolute Mining Ltd, Super Retail Group Ltd and St Barbara Ltd. They slumped 3.74%, 3.65% and 3.36% respectively.
Soaring shares outnumbered sagging equities on the Sydney Stock Exchange by 611 to 540, while 398 were intact.
Equities in Galaxy Resources Ltd grew to all time maximums, soaring 5.49% being worth 3.840.
Estimating the implied volatility of S&P/ASX 200 options, the S&P/ASX 200 VIX ascended 1.00% trading at 11.303.
The currency pair AUD/USD gained 0.10% hitting 0.7854, AUD/JPY rallied 0.15% trading at 88.75.
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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