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?
Australian stocks gain at close of trade
On Friday, Australian stocks managed to gain after the close. It’s because profits in the Utilities, A-REITs as well as Consumer Discretionary sectors brought stocks up.
The S&P/ASX 200 went up 0.08%.
A2 Milk Company Ltd, Nanosonics Ltd and Galaxy Resources Ltd rose respectively 9.55%, 5.51% and 4.35%, thus becoming the best performers of the session on the S&P/ASX 200.
As for the worst performance, it was demonstrated by Mineral Resources Ltd, Aconex Ltd and Asaleo Care. They lost respectively 5.07%, 4.77% and 4.58%.
Soaring shares managed to supplant diving ones on the Sydney Stock Exchange by 602 to 542, while 373 were intact.
Stocks in A2 Milk Company Ltd went up to all time peaks, adding 9.55%, being worth 3.670.
Tracking the implied volatility of S&P/ASX 200 options, the S&P/ASX 200 VIX decreased 1.10%, hitting 12.462.
The currency pair AUD/USD ascended 0.15%, trading at 0.7591, AUD/JPY inched up 0.36%, trading at 84.39.
The US Dollar Index Futures managed to gain 0.03%, demonstrating 97.53.
On Wednesday, September 22, Microsoft will be holding a product launch. The event starts at 18:00 GTM + 3.
Every year in early autumn Apple holds its event where it presents new iPhones, Apple Watches, and iPads. This year wasn’t an exclusion. But yesterday’s presentation didn’t result in Apple stock growth, and here’s why.
The Australian Bureau of Statistics will announce the updated Unemployment Rate and Employment Change data on Thursday, May 19, at 04:30 MT.
The UK Office for National Statistics will publish Consumer Price Index (CPI) data on Wednesday, May 18, at 09:00 MT.
The US Census Bureau will announce Core Retail Sales and Retail Sales on Tuesday, May 17 at 15:30 MT.