Australia shares higher at close of trade; S&P/ASX 200 up 1.10%

Source Investing

Investing.com – Australia equities were higher at the close on Thursday, as gains in the IT, Energy and Real Estate Investment sectors propelled shares higher.

At the close in Sydney, the S&P/ASX 200 added 1.10%.

The biggest gainers of the session on the S&P/ASX 200 were Appen Ltd (ASX:APX), which rose 16.73% or 0.22 points to trade at 1.50 at the close. Tabcorp Holdings Ltd (ASX:TAH) added 11.11% or 0.05 points to end at 0.45 and Resolute Mining Ltd (ASX:RSG) was up 8.59% or 0.06 points to 0.69 in late trade.

Biggest losers included Nine Entertainment Co Holdings Ltd (ASX:NEC), which lost 3.21% or 0.04 points to trade at 1.21 in late trade. Spark New Zealand Ltd (ASX:SPK) declined 2.81% or 0.09 points to end at 3.11 and Nanosonics Ltd (ASX:NAN) shed 2.76% or 0.10 points to 3.52.

Advancing stocks outnumbered falling ones by 715 to 386 and 416 ended unchanged on the Sydney Stock Exchange.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 2.37% to 12.22.

In commodities trading, Gold Futures for December delivery was up 0.22% or 5.55 to $2,547.95 a troy ounce. Meanwhile, Crude oil for delivery in October rose 1.31% or 0.88 to hit $68.19 a barrel, while the November Brent oil contract rose 1.37% or 0.97 to trade at $71.58 a barrel.

AUD/USD was unchanged 0.30% to 0.67, while AUD/JPY rose 0.33% to 95.42.

The US Dollar Index Futures was up 0.05% at 101.71.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Finding The Best Japan Stocks to Buy? These are Top Japanese Companies to Watch Discover the best Japanese stocks to buy, including AI semiconductor leaders, Buffett-backed trading houses, and undervalued Japan stocks benefiting from corporate reforms and yen trends.
Author  Mitrade
May 29, Fri
Discover the best Japanese stocks to buy, including AI semiconductor leaders, Buffett-backed trading houses, and undervalued Japan stocks benefiting from corporate reforms and yen trends.
placeholder
US August CPI lands tonight: after a 5.4% PPI shock, will the Fed hike on September 16?US August PPI came in at 5.4% year-on-year, above the 5.3% consensus, with core PPI at 4.6%. Traders have pushed the odds of a 25bp Fed hike on September 15-16 to around 70%. Tonight's CPI is the last major inflation print before the decision — here is the full calendar, the consensus numbers, and what a hot versus cool reading would mean for the dollar, yields, gold and stocks.
Author  Irene Q.
Sep 11, Fri
US August PPI came in at 5.4% year-on-year, above the 5.3% consensus, with core PPI at 4.6%. Traders have pushed the odds of a 25bp Fed hike on September 15-16 to around 70%. Tonight's CPI is the last major inflation print before the decision — here is the full calendar, the consensus numbers, and what a hot versus cool reading would mean for the dollar, yields, gold and stocks.
placeholder
Brent tests $108 as a key export pipeline stays shut — can the rally clear $110?Brent crude rose 2.55% to $106.97 and WTI 2.32% to $102.30 as a major regional export pipeline remained offline with no restart timeline. Front-month backwardation has widened to $5.53 from $3.84 a week ago, European gas is at its highest since December 2022, and one analyst sees $119.48 if talks stall.
Author  Irene Q.
Yesterday 07: 16
Brent crude rose 2.55% to $106.97 and WTI 2.32% to $102.30 as a major regional export pipeline remained offline with no restart timeline. Front-month backwardation has widened to $5.53 from $3.84 a week ago, European gas is at its highest since December 2022, and one analyst sees $119.48 if talks stall.
placeholder
Fed hike odds near 90% into Wednesday's decision — how to trade the dollar, gold and the S&P 500A 0.3% monthly core CPI print has lifted the market-implied probability of a 25bp Fed hike on 16 September to roughly 86.5% ~ 90%, which would be the first increase since July 2023. Here is the decision timeline, the pricing versus the forecasts, both scenarios, and the key levels for the dollar, gold and the S&P 500.
Author  Suzie
Yesterday 07: 49
A 0.3% monthly core CPI print has lifted the market-implied probability of a 25bp Fed hike on 16 September to roughly 86.5% ~ 90%, which would be the first increase since July 2023. Here is the decision timeline, the pricing versus the forecasts, both scenarios, and the key levels for the dollar, gold and the S&P 500.
placeholder
Silver Price Forecast: XAG/USD falls to near $63.50 amid Fed hike bets, higher oil pricesSilver price (XAG/USD) loses its gains from the previous day, trading around $63.50 per troy ounce during Asian hours on Monday. Non-yielding Silver is currently facing significant headwinds driven by rising Federal Reserve (Fed) rate-hike expectations for the upcoming September decision.
Author  FXStreet
23 hours ago
Silver price (XAG/USD) loses its gains from the previous day, trading around $63.50 per troy ounce during Asian hours on Monday. Non-yielding Silver is currently facing significant headwinds driven by rising Federal Reserve (Fed) rate-hike expectations for the upcoming September decision.
goTop
quote