AXJO on three-day winning streak
Financials at about 2-year high
CBA at record closing high
(Updates to close)
Australian shares extended gains on Tuesday, driven by miners and financial stocks, as a survey showed that business confidence in the country improved last month, while technology stocks continued to track a Wall Street rally.
The S&P/ASX 200 index (xjo) jumped 0.5% to 7,514.90 points, its highest closing level in two weeks, and marked its third straight daily rise.
The S&P 500 ended at its all-time closing high for a second straight session, as technology firms added to recent gains.
Locally, a survey from National Australia Bank (NAB) showed its measure of business confidence rebounded 7 points to -1 last month.
"Gains today came courtesy of supportive tailwinds from Wall Street and as the NAB Business confidence index improved in December from the prior month," said Tony Sycamore, a market analyst at IG Australia.
Heavyweight financials .AXFJ rose 0.8%, ending at their highest level since late-April 2022, and recording their fourth straight daily gain.
The 'big four' banks firmed between 0.5% and 1%, while top lender Commonwealth Bank of Australia (CBA) ended at its record closing high.
Miners .AXMM climbed 0.6% in their best day in two weeks, following a rise in iron ore prices after top steel producer China pledged to support market confidence.
Sector giants BHP (BHP) and Fortescue (FMG) rose 1% and 0.8%, respectively.
Information technology stocks .AXIJ also extended their rally, rising 0.6% on a positive lead from their Wall Street peers .IXIC .
Index major Wisetech Global (WTC) rose 2.7%, having hit its highest level since August during the session, before paring gains.
Healthcare companies .AXHJ climbed 1%, rising for a third consecutive day to end at a seven-month high, with Healius (HLS) and Ramsay Health Care (RHC) gaining 2.6% and 1.2%.
Bucking the trend, gold stocks .AXGD lost 0.7%, with Northern Star Resources (NST) and Evolution Mining (EVN) dropping 2% and 2.2%, respectively.
Across the Tasman Sea, New Zealand's benchmark S&P/NZX 50 index (nz50) finished about 1% higher at 11,802.88 points.
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$9.70 |
Change
0.570(6.24%) |
Mkt cap ! $19.51B |
Open | High | Low | Value | Volume |
$9.33 | $9.72 | $9.26 | $90.36M | 9.399M |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 10000 | $9.70 |
Sellers (Offers)
Price($) | Vol. | No. |
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$9.72 | 47058 | 4 |
View Market Depth
No. | Vol. | Price($) |
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1 | 10000 | 9.700 |
1 | 548 | 9.690 |
1 | 800 | 9.680 |
1 | 517 | 9.660 |
2 | 20868 | 9.650 |
Price($) | Vol. | No. |
---|---|---|
9.720 | 47058 | 4 |
9.730 | 41030 | 2 |
9.740 | 24868 | 4 |
9.750 | 45787 | 12 |
9.760 | 25868 | 3 |
Last trade - 16.14pm 11/09/2025 (20 minute delay) ? |
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