Australian Stocks Increase 1.1% In Early Trading

Dow Jones
Jan 27

Stocks in Australia rose during early trading Tuesday, as the S&P/ASX 200 Benchmark Index added 1.1% to 8957.60.

Among local companies with a market cap of at least 15 billion Australian dollars ($10.37 billion), BHP Group is the biggest leader this morning, gaining 3.0%, and South32 gained 2.8%. REA Group rounds out the top three movers, as shares gained 2.6%.

PLS Group is the biggest early laggard, declining 1.7%, followed by shares of Qantas Airways, which slipped 0.9%. Shares of Scentre Group slipped 0.9%.

On the currency front, the WSJ Dollar Index held steady at 94.69. The U.S dollar held steady against the Australian dollar at 1.45 Australian dollars.

In the bond markets, the 10-year Australian government bond yield rose 0.86 basis point to 4.822%.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10