Thanks Oscar and morning crew. Half-time round-up: The share...

Thanks Oscar and morning crew.


Half-time round-up:

The share market's Christmas stealth rally stalled as US futures and Chinese shares turned negative, capping a fifth day of gains on the local market.

The ASX 200 hit a two-week high at 6027 before falling back to 6014 and a gain of one point or less than 0.1%. The telecoms sector put on 0.3% and consumer staples 0.3%. Utilities lost 0.9%, consumer discretionary 0.7%, metals & mining 0.2% and financials 0.2%.

China's Shanghai Composite dived 1.3% in early action. Hong Kong's Hang Seng and Japan's Nikkei were both off 0.19%. S&P 500 futures were recently down 3.25 points or 0.12%.

Crude oil futures rallied 36 cents or 0.63% this morning to US$57.50 a barrel. Gold futures gained $2.80 or 0.23% to US$1,244.50 an ounce. The dollar was buying 75.68 US cents.


Rush report this arvo - got caught on the phone for half the morning. US futures pressuring the early gains here. Cap raisings galore among the specs today. Trading: wins in BUL and FZO, marginal victory in MSM but took two swings.