March 18, 2016 08:37 AM
Further gains in the dollar overnight and higher commodity prices are setting an upbeat tone for local stocks ahead of the weekend.
The ASX also has a favourable lead from US stocks which entered positive territory for the first time this year after soaring commodity prices and a jump in crude oil futures spurred a strong rally.
Markets
Wall Street closed up: The Dow Jones Industrial Average gained 0.9 per cent to close at 17,481, the S&P 500 advanced 0.7 per cent to close at 2,041 and the NASDAQ lost 0.2 per cent to close at 4,775.
European markets closed mixed: London’s FTSE added 0.4 per cent, Paris lost 0.5 per cent and Frankfurt slipped 0.9 per cent.
Asian markets closed mixed:Tokyo’s Nikkei slipped 0.2 per cent,
Both the Hang Seng and China’s Shanghai Composite rose 1.2 per cent.
The Australian share market closed higher yesterday:
The S&P/ASX 200 Index closed 49 points up to finish at 5,168.
On the futures market the SPI is 36 points higher.
Gold has added $28.30 to US$1,258 an ounce for the April contract on Comex.
Silver is up 72 cents to $15.94 for May.
Copper has advanced 6 cents to $2.29 a pound.
Oil has jumped $1.69 to $US41.69 a barrel for April light crude in New York.
http://www.finnewsnetwork.com.au/archives/finance_news_network122803.html
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Last
$141.77 |
Change
2.270(1.63%) |
Mkt cap ! $237.2B | |||
| Open | High | Low | Value | Volume |
| $139.35 | $141.87 | $138.67 | $246.5M | 1.751M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3 | $141.69 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $141.79 | 1614 | 1 |
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