Dec 30 (Reuters) - Australian shares rose on Friday, with gains led by tech and financial stocks, as Wall Street rose overnight after signs of a cooling U.S. labour market eased future rate-hike worries by the Federal Reserve.
The S&P/ASX 200 index (xjo) rose 0.4% to 7,047.2 points by 2303 GMT. The benchmark fell 0.9% on Thursday.
U.S. unemployment data showed an increase in the number of Americans filing new claims for unemployment benefits last week, indicating a tight U.S. jobs market amid the Fed's efforts to raise rates to cool inflation.
Tech stocks tracked the Nasdaq index .IXIC higher, adding 1.7% to the domestic bourse. ASX-listed Block Inc (SQ2) gained 5%, while Xero (XRO) rose 3.3%.
Financial stocks climbed 0.7%, with the "Big Four" banks adding between 0.8% and 1.1%.
Heavyweight mining stocks .AXMM firmed 0.5% as iron ore prices jumped over demand optimism.
BHP Group (BHP) , Rio Tinto (RIO) , and Fortescue Metals (FMG) rose 0.9%-1.4%.
Energy stocks added 1% even as oil prices fell. Oil and Gas major Woodside energy (WDS) jumped 0.9%
Bucking the trend, the gold index .AXGD fell 0.3%. Sector heavyweight Newcrest Mining (NCM) and Northern Star Resources (NST) slid 1% and 0.8%, respectively.
In New Zealand, the benchmark S&P/NZX 50 index (nz50) rose 0.5% to 11,591.19 points.
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Last
$135.44 |
Change
1.910(1.43%) |
Mkt cap ! $20.59B |
Open | High | Low | Value | Volume |
$133.87 | $135.50 | $133.73 | $26.84M | 198.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 24 | $148.98 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$121.90 | 4047 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 24 | 148.980 |
2 | 24 | 146.270 |
2 | 6837 | 145.590 |
3 | 8563 | 144.920 |
1 | 119 | 144.160 |
Price($) | Vol. | No. |
---|---|---|
121.900 | 4047 | 3 |
125.960 | 268 | 2 |
128.660 | 2158 | 5 |
128.670 | 1241 | 6 |
128.810 | 2024 | 1 |
Last trade - 15.59pm 03/07/2024 (20 minute delay) ? |
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