(RTTNews) – The Australian share market halved its early gains in mid-day trading on Monday, reversing the previous session’s losses, following broadly determined Wall Dual carriageway signs on Friday, with gains across most sectors led by vitality and technology stocks. Gold miners are the best obsolete role.
The benchmark S&P/ASX 200 gained 15.10 points, or 0.18 percent, to 8,325.50 after earlier hitting a high of 8,348.20. The broader All Ordinaries index rose 14.70 points, or 0.17 percent, to 8,572.10. Australian shares were modestly lower on Friday.
Among essential miners, BHP Neighborhood is up 0.5pc and Rio Tinto is up almost 1pc, while Fortescue Metals and Mineral Sources are down 0.1pc to 0.2pc. Oil stocks are better. Woodside Energy and Initiating Energy gain almost 1 pc each, while Santos advances by 0.3 pc. Seaside vitality is reduced by almost 2 pc
Among tech stocks, Owner Afterpay Block gains nearly 1pc, Zip gains 0.2pc and Appen advances better than 4pc, while WiseTech Global and Xero each shed 0.2pc.
The number of gold miners is decreasing sharply. Evolution Mining is down better than 1pc, Resolute Mining is down almost 4pc, Northern Huge name Sources is down almost 3pc and Newmont is down 0.1pc, while Gold Dual carriageway Sources is adding better than 1pc
Among the broad four banks, Westpac, National Australia Bank, ANZ Banking and Commonwealth Bank all saw growth of 0.3 to 0.4 per cent each.
In diverse data, shares in Huge name Leisure fall better than 7pc after the struggling online casino operator warned shareholders that in addition to finding a unique source of brand funding, its ability to keep afloat is looking for data.
Shares in Iress jumped more than 4 percent after the underwriter arranged the sale of its pension business to Apex Neighborhood for $40 million in cash.
In the foreign exchange market, the Australian dollar is trading at $0.621 on Monday.
The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.
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