Australian shares rise at close of trade

Australian shares rise at close of trade

On Monday, Australian stocks rallied after the close, as revenues in the Metals & Mining, Resources as well as Materials sectors brought stocks up.

The S&P/ASX 200 added 0.81% in Australia to hit a fresh 52-week peak.

On the S&P/ASX 200 the best performance was shown by such benchmarks as BT Investment Management Ltd, BHP Billiton Ltd and  Worleyparsons Ltd. They gained respectively 5.92%, 4.80% and 4.62%.    

Orocobre Ltd, Syrah Res F and Infigen Energy fell 4.23%, 2.17% and 2.13% respectively, thus becoming the worst performers of the session.

On the Australia Stock Exchange growing shares outclassed sinking ones by 598 to 513, while 356 ended intact.

Stocks in Worleyparsons Ltd soared to 52-week peaks, adding 4.62% and hitting 11.550.

The S&P/ASX 200 VIX, assessing the implied volatility of S&P/ASX 200 options, tumbled 1.15%, being worth 12.052.

The US Dollar Index Futures soared 0.02%, hitting 101.10.

The currency pair AUD/USD decreased 0.09%, reaching 0.7489, AUD/JPY leapt 0.20%, achieving 83.45.



FTSE 100 keeps struggling for 3rd day

On Friday, British equities headed south, with bank equities keying off dips on Wall Street where concerns as for progress for tax cuts as well as other reforms ramped up, although the blue-chips market was still on course for a weekly soar…

Australian equities inch down

On Friday, Australian equities lost after the close because losses in the A-REITs, Financials as well as Utilities sectors suppressed stocks…


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