Thanks Endless.
Half-time round-up:
Declines among the big miners crimped a modest rally in Australian shares this morning as most Asian markets edged higher.
At lunchtime the ASX 200 was ahead two points or less than 0.1% at 4273 after running as high as 4290 in the first hour of trade. The index came off its high as market heavyweights BHP and Rio Tinto dragged the materials sector down 0.3%. Financials, industrials and energy and gold stocks were all trading higher. Small caps rose 0.4% compared to a 0.1% rise for the blue chips.
Asian markets crept ahead this morning. Japan's Nikkei rallied 0.22%, Shanghai 0.04% and Hong Kong's Hang Seng eased 0.08%. Dow futures were recently up 20 points or 0.15%.
Crude oil futures eased eight cents this morning to US$106.67 a barrel. Spot gold was $2.60 stronger at US$1,663.70 an ounce. The dollar was buying US$1.046.
Plenty of action at the speccy end to make up for a snooze of a session further up the food chain. Kicking myself for missing the reversals in CTP and PLA. Placed plenty of buy orders but just two hits - speculators in DTE and MBN on tests of support, purely intraday.
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Thanks Endless. Half-time round-up:Declines among the big miners...
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