When is Google's stock split? Alphabet, the parent company of Google, will make the 1:20 split on July 15…
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.
The bullish movement in the stock market is gaining speed, and Bitcoin ETFs are closer than they might seem. What do we need to know for the next trading week?
On Wednesday, September 22, Microsoft will be holding a product launch. The event starts at 18:00 GTM + 3.
Main news that will drive the market in the upcoming week include CB Consumer Confidence Index, Canadian GDP, and US Core PCE Price Index
The Federal Reserve (Fed) will announce its Interest Rate Decision and make a statement about the future monetary policy on Wednesday, September 21, GMT+3. After the higher-than-expected inflation numbers published on September 13, there’s almost no doubt the Federal Reserve will come up with another 75-basis-point rate hike. However, surprised by the CPI numbers, several Fed members announced the possibility of a 100-basis-point rate hike on Wednesday.
Every week we expect many interesting events that can shake the market.