Shares have trimmed early strong gains but are still trading higher, led up by the utilities sector after AGL surprised investors with a $600 million buyback, following strong leads from Wall Street
Column 1
Column 2
Column 3
0
All Ordinaries
5,495.000
+1.300
1
ASX SPI 200
5,391.000
-16.000
Oil traded below $45 a barrel before major producers meet to discuss output constraints in Algiers, while Asian stocks dropped and the dollar strengthened versus most peers
Crude fluctuated after sinking 2.7 percent in the last session as speculation built that Wednesday’s OPEC meeting in the Algerian capital will do little to address a global glut
West Texas Intermediate crude was little changed at $44.68 a barrel
Gold declined 0.1 percent after sliding 0.8 percent
DOW FUTURES : -35
Trading
Quite a slow morning session for me, AKM the only winner so far, hoping for a better afternoon
