Page 16 - Resolute Mining News Today

The Australian market is slightly lower on Thursday, giving up some of the gains in the previous session, following the broadly negative cues from Wall Street overnight.

Mirroring the broadly negative cues from Wall Street overnight, Asian stock markets are mostly lower on Thursday, as energy stocks tumbled amid a sharp fall in crude oil prices and traders reacted to some economic data emerging from the region, including from Australia and China.

Australian shares are trading significantly higher on Wednesday, recovering from the losses in the previous session, with the benchmark S&P/ASX 200 moving above the 7,100 level, following the mixed cues from global markets overnight, with gains across most sectors led by technology stocks.

Giving up the gains in the previous session, the Australian stock market is significantly lower on Tuesday, following the broadly negative cues from Wall Street overnight.

This column’s habitual territory is stocks whose share price chart goes from top left to bottom right, in the view that unloved can mean undervalued (at least as long as the business model is not broken and the balance sheet is sound enough to see the company through any near-term turbulence).

Questor share tip: although Warpaint London’s shares have already soared, we think there should be further gains to come

Australian shares are gaining for the second straight session on Wednesday, with the benchmark S&P/ASX 200 staying above the 7,000 mark, following the broadly positive cues from Wall Street overnight, boosted by primarily by strong gains is gold miners and technology stocks.

Recouping most of the losses in the previous session, the Australian stock market is notably higher on Tuesday, despite the broadly negative cues from global markets overnight.

With the mood remaining a bit cautious amid concerns about interest rates and the impact of higher borrowing costs on global economic growth, Asian stock markets are mostly lower on Monday, following the mixed cues from Wall Street on Friday.

After opening in the green, the Australian stock market is currently trading modestly lower on Monday, giving up the gains in the previous session. The benchmark S&P/ASX 200 is staying above the 7,000.