Australian Stocks Gain 0.3% in Morning Trading

Dow Jones
08/04

This article was automatically generated by Dow Jones using technology from Automated Insights.

Stocks in Australia rose during early trading Tuesday, as the S&P/ASX 200 Benchmark Index gained 0.3% to 9044.00.

Among local companies with a market cap of at least 15 billion Australian dollars ($10.50 billion), Pro Medicus is the biggest leader this morning, increasing 1.3%, and SGH rose 1.2%. South32 rounds out the top three movers, as shares added 1.2%.

BHP Group is the biggest early laggard, falling 1.5%, followed by shares of Wesfarmers, which fell 1.1%. Shares of Origin Energy slipped 0.6%.

The U.S dollar held steady against the Australian dollar at 1.43 Australian dollars.

In the bond markets, the 10-year Australian government bond yield rose 1.6 basis points to 4.954%.

Data source: Dow Jones Market Data, FactSet

 

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