June 8 (Reuters) - Australian shares rose in early trade on Tuesday, helped by gold miners, although the gains were capped by weakness in other mining stocks and a subdued finish on Wall Street overnight.
The S&P/ASX 200 index (xjo) climbed 0.3% to 7,302.3, after having closed slightly lower on Monday.
Gold miners .AXGD dominated gains on the Australian benchmark, rising as much as 1%. Sector heavyweight Newcrest Mining (NCM) advanced as much as 1.2%, while Northern Star Resources (NST) rose nearly 1%.
Gold hovered near the key level of $1,900 an ounce on Tuesday, as the dollar slid and bond yields weakened, with investors awaiting U.S. inflation data later this week.
Denting sentiment, however, the S&P 500 .SPX ended a languid session slightly in the red, with investors standing by on news of a global minimum corporate tax rate, lingering inflation fears, and a lack of market-moving economic news.
Among individual stocks and sectors in Australia, tech stocks .AXIJ tracked the Nasdaq .IXIC higher, gaining up to 0.6% to hit their highest levels in a month.
Buy-now-pay-later juggernaut Afterpay (APT) rose nearly 1.6%, while intelligence firm Nearmap (NEA) added as much as 3.1%.
In the financial sub-index .AXFJ , top lender Commonwealth Bank of Australia (CBA) was down 0.2%. The other big banks rose between 0.6% and 0.9%.
Miners .AXMM fell up to 0.6% as softer iron ore prices weighed.
The big miners Rio Tinto (RIO) , BHP Group (BHP) and Fortescue Metals (FMG) were all down more than 1%.
Among individual stocks, software maker Altium's (ALU) shares dipped 4.7% after surging as much as 40.6% on Monday. The stock was among biggest percentage losers on the benchmark.
New Zealand's benchmark S&P/NZX 50 index (nz50) traded 0.3% higher.
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June 8 (Reuters) - Australian shares rose in early trade on...
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Last
$20.71 |
Change
0.250(1.22%) |
Mkt cap ! $29.61B |
Open | High | Low | Value | Volume |
$20.70 | $20.95 | $20.55 | $878.1M | 42.52M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 7500 | $20.65 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$20.73 | 382 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 7500 | 20.650 |
1 | 1100 | 20.560 |
1 | 3000 | 20.550 |
3 | 2036 | 20.500 |
1 | 25 | 20.480 |
Price($) | Vol. | No. |
---|---|---|
20.840 | 600 | 1 |
20.870 | 470 | 1 |
20.900 | 100 | 1 |
20.950 | 506 | 1 |
20.980 | 500 | 1 |
Last trade - 16.15pm 19/09/2025 (20 minute delay) ? |
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