June 8 (Reuters) - Australian shares hit a record high on Wednesday, boosted by gains in mining stocks, with Perenti Global jumping after bagging a large contract from Sandfire Resources.
The S&P/ASX 200 index (xjo) rose 0.53% to 7,331.6. The benchmark index had closed 0.1% higher on Tuesday.
The ASX 300 metals and mining index .AXMM added 1.39%, led by a 4.41% gain in mining services provider Perenti Global. Mineral Resources Ltd (MIN) followed suit with its increase of 3.82%.
Copper miner Sandfire Resources (SFR) , up over 4%, awarded Perenti (PRN) a contract for open pit mining services in Botswana for an estimated value of $496 million.
BHP Group (BHP) Rio Tinto (RIO) and Fortescue Metals (FMG) all climbed more than 1%.
In other global markets, Japan's Nikkei .N225 was down 0.46% and S&P 500 E-minis futures EScv1 shed 1.25 points, or 0.03%.
On Wall Street, stocks struggled to eke out closing gains on Tuesday as a lack of clear market catalysts kept institutional investors on the sidelines, while retail traders fuelled the ongoing meme stocks rally.
Back in Australia, construction firm Brickworks Ltd (BKW) scaled a record peak to lead the gains on the benchmark index. It announced an adjusted pre-tax earnings forecast of A$240 million ($185.74 million) to A$260 million for fiscal 2021, up from A$129 million in the prior year.
Technology stocks .AXIJ rose 0.46%, led by a gain of 5.15% in EML Payments Ltd (EML) . This was followed by Nearmap Ltd (NEA) , which rose 3.53%.
The ASX 200 Energy index .AXEJ rose 0.29%. Whitehaven Coal Ltd (WHC) was up 6.27%, while Washington H Soul Pattinson and Company Ltd (SOL) , gained 1.94%. Oil prices hit a more than two-year high.
Financial stocks .AXFJ rose 0.11%, led by NIB Holdings Ltd (NHF) , up 1.62%. Credit Corp Group Ltd (CCP) followed with a gain of 1.48%.
In New Zealand, the benchmark S&P/NZX 50 index (nz50) advanced 0.28% to 12,552.5.
($1 = 1.2922 Australian dollars)
- Forums
- ASX - By Stock
- EML
- News: EML Australian shares hit record high on miners boost; NZ climbs
News: EML Australian shares hit record high on miners boost; NZ climbs
Featured News
Add EML (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.03 |
Change
0.025(2.50%) |
Mkt cap ! $384.2M |
Open | High | Low | Value | Volume |
$1.00 | $1.05 | 99.5¢ | $6.089M | 5.971M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 9999 | $1.01 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.03 | 21313 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 9999 | 1.010 |
2 | 33368 | 1.005 |
8 | 37500 | 1.000 |
3 | 21006 | 0.995 |
3 | 3114 | 0.990 |
Price($) | Vol. | No. |
---|---|---|
1.025 | 21313 | 1 |
1.030 | 23381 | 2 |
1.035 | 6001 | 1 |
1.040 | 950 | 1 |
1.045 | 2500 | 2 |
Last trade - 16.10pm 19/04/2024 (20 minute delay) ? |
|
|||||
Last
$1.02 |
  |
Change
0.025 ( 2.28 %) |
|||
Open | High | Low | Volume | ||
$1.01 | $1.05 | $1.00 | 1222918 | ||
Last updated 15.59pm 19/04/2024 ? |
Featured News
EML (ASX) Chart |