The Australian market was slightly up on Friday fuelled by resources stocks. The benchmark S&P/ASX200 index closed up 15 points, or 0.37 per cent, to 4062.2, while the broader All Ordinaries index gained 14.8 points, or 0.37 per cent, to 4061.5. The local market has received negative lead from weaker commodities prices. Investors may look towards profit guidance while there could be limited company news scheduled this week.
Yesterday the Australian share market was bolstered by favorable local and overseas economic data. The benchmark S&P/ASX200 index gained 60.9 points, or 1.56 per cent, to 3955.3 points, while the broader All Ordinaries index surged 60.2 points, or 1.55 per cent, at 3948.1 points.
The Australian share market yesterday closed slightly higher with a good lead from Wall Street. The benchmark S&P/ASX200 index gained 12.7 points, or 0.3 per cent, at 3801.1, while the broader All Ordinaries index rose 13.7 points, or 0.4 per cent, to 3795.3. There was a sell-off in late trading as investors drew cash to participate ANZ's capital raising.
Yesterday the Australian shares ended lower dragged by financial stocks after the lifting the eight-month short-selling ban. The market was also hit by news of a nuclear weapon test by North Korea. The benchmark S&P/ASX200 index fell 23.7 points, or 0.63 per cent, to 3737.9, while the broader All Ordinaries index was down 20.1 points, or 0.54 per cent, to 3735.3.
Yesterday Australian shares closed lower on concern about the health of US banks. The benchmark the S&P/ASX200 index fell 0.6%, or 23.3 points, at 3867.1, while the broader All Ordinaries index was down 0.6%, or 22.1 points, at 3840.1.
Yesterday Australian market was marginally higher, boosted by rally overseas. The benchmark S&P/ASX200 gained 7.4 points, or 0.19 per cent, at 3890.4, while the broader All Ordinaries rose 16.2 points, or 0.42 per cent, to 3862.2.
Asian markets Friday opened mixed. Japan's Nikkei traded lower in the morning, but the Japanese financial stocks surged after the rise on Wall Street overnight. Hong Kong opened flat as investors were cautious ahead of the earnings reports.
