S&P/ASX 200 closes up 82 points, hits new high alongside Dow Jones on falling oil prices

Price ActionMacro
โดย InfoQuest·AU·Read original
Summary · why it matters

The S&P/ASX 200 index of the Australian stock market closed at a record high today, buoyed by the Dow Jones index surging to a new high for two consecutive trading days, as signs of progress in negotiations to end the war between the United States and Iran dragged oil prices lower. The S&P/ASX 200 closed at 9,227.80 points, up 82 points or 0.90 percent, while the All Ordinaries index closed at 9,405.40 points, up 93.50 points or 1.00 percent. Non-energy mining stocks and technology stocks led the market higher, with BHP and Rio Tinto surging 3.3 percent and 2.3 percent respectively on copper business revenue. Gold mining stocks rose in line with gold prices, with Evolution Mining jumping 6.3 percent and Northern Star Resources up 5.8 percent. The big four bank stocks fell between 0.4 percent and 1.4 percent, and energy stocks also declined.

Impact on stocks 2

Critical Materials & Supply Chain · 2 stocks
Rio Tinto PLC
RIO
▲ PositiveDemandrelevance

Copper business revenue surged, driving Rio Tinto up 2.3%

Off-coverage companies 2

Evolution Mining LimitedPrivate▲ Positive
Demandrelevance

Gold prices rose, lifting gold mining stocks

Northern Star Resources LimitedPrivate▲ Positive
Demandrelevance

Gold prices rose, lifting gold mining stocks