Australian Stock Market Shows Modest Gains

  • 📰 newscomauHQ
  • ⏱ Reading Time:
  • 20 sec. here
  • 15 min. at publisher
  • 📊 Quality Score:
  • News: 56%
  • Publisher: 77%

Finance Nieuws

Australian Stock Market,Gains,Real Estate

The S & P/ASX200 and All Ordinaries indexes in Australia experienced slight gains, with real estate and consumer stocks leading the way. However, miners, particularly iron ore miners, performed poorly due to a decline in commodity prices. In company news, Inghams Group reported strong earnings, while mining support firm Chrysos entered into a partnership with Barrick Gold and MSALABS. Origin Energy faced a setback as AustralianSuper announced its intention to vote against a takeover bid.

The S & P/ASX200 gained just 0.1 per cent, or 7.8 points, to reach 6,780.7. The All Ordinaries also rose, adding 7.3 points to 6,967.5.

In company news, shares in Inghams Group soared 7.9 per cent to $3.68, the highest since October 2021 after the poultry producer announced a half yearly statutory earnings of $247 million before interest, tax and amortisation in the first half of FY2024 Treasury Wine Estates, owner of Penfolds, announced its plans to acquire Daou Vineyards based in California. Picture: Supplied

Wij hebben dit nieuws samengevat zodat u het snel kunt lezen. Bent u geïnteresseerd in het nieuws, dan kunt u hier de volledige tekst lezen. Lees verder:

 /  🏆 9. in NL
 

Bedankt voor uw reactie. Uw reactie wordt na beoordeling gepubliceerd.

Nederland Laatste Nieuws, Nederland Headlines

Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.

Rise of Zombie Companies Threatens Australian Stock ExchangeMore than 100 companies listed on the Australian stock exchange are on the brink of collapse, with a restructuring expert predicting the rise of “zombie” companies will continue.
Bron: brisbanetimes - 🏆 13. / 67 Lees verder »

Rise of Zombie Companies Threatens Australian Stock ExchangeMore than 100 companies listed on the Australian stock exchange are on the brink of collapse, with a restructuring expert predicting the rise of “zombie” companies will continue.
Bron: smh - 🏆 6. / 80 Lees verder »

Live updates: Australian share market to rise, Wall Street ends sharply higherA rally on Wall Street is likely to send Australian stocks higher, while oil prices ease on lessening fears about the Israel-Gaza war disrupting supply from the region. Follow the latest updates in our live blog.
Bron: abcnews - 🏆 5. / 83 Lees verder »

Live updates: Australian share market rises, Wall Street ends sharply higher, AustralianSuper rejects Brookfield offerA rally on Wall Street sends Australian stocks higher, while oil prices ease on lessening fears about the Israel-Gaza war disrupting supply from the region. Follow the latest updates in our live blog.
Bron: abcnews - 🏆 5. / 83 Lees verder »