Australian shares rise at close of trade

Australian shares rise at close of trade

On Monday, Australia stocks inched up, as profits in the Gold, A-REITs as well as Telecoms Services sectors brought stocks up.

The S&P/ASX 200 managed to grow 0.06%.

On the S&P/ASX 200 the best performance was demonstrated by such benchmarks as Spark New Zealand Ltd, Whitehaven Coal Ltd and Henderson Group PLC. They soared 4.09%, 3.34% and 2.89% respectively.

As for the worst performers, they were Worleyparsons Ltd, Asaleo Care and Healthscope, sliding respectively 4.72%, 3.98% and 3.96%.

The S&P/ASX 200 VIX, traditionally assessing the implied volatility of S&P/ASX 200 options, jumped 0.12%, showing 12.336.

On the Australia Stock Exchange decreasing stocks outperformed surging ones by 633 to 480, while 354 ended intact.

The currency pair AUD/USD headed south 0.35%, reaching 0.7602, AUD/JPY dipped 0.36%, trading at 84.67.

As for the US Dollar Index Futures, it inched down 0.15%, demonstrating 100.27.



Latest news

FED and BOE Make Another Attempt to Beat Inflation
FED and BOE Make Another Attempt to Beat Inflation

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.

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