Thanks Oscar and morning crew.
Half-time round-up:
Stocks rallied for a second day as the improved global mood boosted Asian markets.
The ASX 200 advanced 22 points or 0.3% to 6267, reaching break-even for the week after erasing losses on Monday and Tuesday. A mixed market this morning saw gains in industrials +1%, financials +0.5% and materials +0.5% outweigh declines in the gold sector -1.4%, utilities -1.1% and energy -0.3%.
Asian markets took their cues from a cautiously positive session on Wall Street, where the S&P 500 put on 0.22% as the local earnings season sidelined concerns over trade tariffs. China's Shanghai Composite gained 0.03%, Hong Kong's Hang Seng 0.26% and Japan's Nikkei 0.3%. S&P 500 futures were recently ahead 0.75 points or 0.03%.
"The S&P 500 hit a five-month high and the Dow rose for a fifth consecutive session on Wednesday as solid earnings boosted financial and industrial stocks and reinforced expectations for a strong second-quarter reporting season," IG Markets analysts told Fairfax.
Crude oil futures inched up 10 cents or 0.15% this morning to US$68.86 a barrel. Gold futures dipped $3.70 or 0.3% to US$1,224.20 an ounce. The dollar was buying 74.25 US cents.
Pat yourself on the back if you're carving out a quid in these conditions. Slim pickings. I thought QBL was worth a look on pullback, but its recent trading history is a deadweight on the sp. Hasn't budged. Placed a few other orders but there's very little movement.
- Forums
- ASX - Day Trading
- Afternoon trading July 19
Afternoon trading July 19
-
- There are more pages in this discussion • 133 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO
Charles Armstrong
CEO
SPONSORED BY The Market Online