Jan 12 (Reuters) - Australian shares rose on Wednesday, boosted by technology stocks as Afterpay received an approval for its takeover, with a jump in resource-related shares on strong commodity prices offering support.
The S&P/ASX 200 index (xjo) advanced nearly 1% to 7,390.1 by 2357 GMT, with gains seen across sectors.
Buy now, pay later darling Afterpay Ltd (APT) added 6.8% to eye its best day since Dec. 22 after saying its $29 billion buyout by payments firm Block Inc SQ.N got a nod from the Bank of Spain, making the deal fully unconditional.
That lifted other technology stocks, lifting the sub-index .AXIJ 2.5%.
Gold shares .AXGD jumped over 2.7% in its best single-day jump since Dec. 17 after bullion prices climbed. The gold index was one of the best performers on the benchmark.
Gold miners Northern Star Resources Ltd (NST) added 3.9%, while Evolution Mining Ltd (EVN) climbed 4.4%.
Energy stocks .AXEJ rose as much as 2.2% to hit their highest level since Nov. 8, on the back of solid crude prices.
Miners .AXMM also climbed, about 1.8%, and were on track for their fourth straight day of gains and a near five-month high. Robust iron ore and metal prices boosted the sector.
Global mining giants BHP group (BHP) and Rio Tinto (RIO) rose 1.7% and 1.2%, respectively.
Lithium miner Liontown Resources Ltd (LTR) surged about 13% to be one of the top gainers on the benchmark after signing a supply deal with the battery unit of South Korea's LG Chem.
Banking and financial stocks .AXFJ were up 0.6%, with the "Big Four" banks gaining 0.6% to 0.7%.
New Zealand's benchmark S&P/NZX 50 index (nz50) traded up 0.1% to 12,847.87 points, with payments platform Pushpay Holdings Ltd (PPH) rising 4.1%.
In other markets, the tech-heavy Nasdaq .IXIC gained 1.4%, while the S&P 500 E-minis futures EScv1 were largely muted.
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News: EVN Australian shares rise on tech, resources boost; Afterpay jumps
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Last
$9.30 |
Change
-0.600(6.06%) |
Mkt cap ! $19.93B |
Open | High | Low | Value | Volume |
$9.80 | $9.84 | $9.22 | $24.57M | 2.586M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 1743 | $9.29 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$9.31 | 4560 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 5466 | 9.220 |
9 | 7825 | 9.210 |
12 | 18021 | 9.200 |
6 | 15110 | 9.190 |
7 | 12496 | 9.180 |
Price($) | Vol. | No. |
---|---|---|
9.230 | 737 | 3 |
9.240 | 7924 | 12 |
9.250 | 4833 | 7 |
9.260 | 16421 | 11 |
9.270 | 8532 | 13 |
Last trade - 10.40am 15/09/2025 (20 minute delay) ? |
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