News Formal

Technology, bank stocks buoy ASX; Wall Street braces for inflation report

  • 📰 theage
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 77%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

The ASX edged higher as traders looked ahead to a key US inflation report that could influence the Federal Reserve’s next move on interest rates.

Technology, banking and healthcare stocks kept the Australian sharemarket afloat on Friday as it lost almost all of its morning momentum.

De Grey Mining shares finished the trading session 4.6 per cent higher, while Suncorp Group climbed 3.6 per cent after Treasurer Jim Chalmers gave his blessing to ANZ to take over the Brisbane-based financial services group. ANZ shares dipped 0.2 per cent. Gourmet food company Maggie Beer issued a trading update that flagged lower gross margins and second half earnings that sent its share price down 4.6 per cent.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Technology, bank stocks buoy ASX; Wall Street braces for inflation reportThe ASX edged higher as traders looked ahead to a key US inflation report that could influence the Federal Reserve’s next move on interest rates.
Source: smh - 🏆 6. / 80 Read more »

Technology, bank stocks buoy ASX; Wall Street braces for inflation reportThe ASX edged higher as traders looked ahead to a key US inflation report that could influence the Federal Reserve’s next move on interest rates.
Source: brisbanetimes - 🏆 13. / 67 Read more »