Page 22 - Resolute Mining News Today

Reflecting the mixed cues from Wall Street on Friday, Asian stock markets are mixed in slim holiday trading on Monday, as traders react to the US narrowly avoiding a government shutdown amid a last minute temporary agreement reached by the legislators.

Resolute Mining Limited (OTCMKTS:RMGGF – Get Free Report) was the target of a large decline in short interest in the month of September. As of September 15th, there was short interest totalling 3,982,100 shares, a decline of 18.5% from the August 31st total of 4,886,300 shares. Based on an average daily volume of 600 shares, […]

Snapping the four-session losing streak, the Australian stock market is modestly higher on Friday, following the broadly positive cues from global markets overnight.

The Australian market pared early losses to trade modestly higher on Thursday, after the losses in the previous three sessions and following the mixed cues from Wall Street overnight.

Influenced by the broadly negative cues from global markets overnight, Asian stock markets are trading mostly lower on Wednesday, with traders remaining cautious after the US Fed recently forecast another rate hike before the end of the year and keeping rates at elevated levels for longer than previously anticipated.

Australian shares are losing for the second straight session on Wednesday, with the benchmark S&P/ASX 200 staying a tad above the 7,000 mark, following the broadly negative cues from global markets overnight, as traders cautiously await Australia's monthly inflation data for more clues on the outlook for domestic monetary policy.

The Australian stock market is modestly lower on Monday, giving up the slight gains in the previous session, with the benchmark S&P/ASX 200 staying above the 7,000 mark, following the broadly negative cues from Wall Street on Friday, with weakness across most sectors, led by miners and technology stocks.

Asian stock markets is trading mostly lower on Monday, following the broadly negative cues from Wall Street on Friday, as worries about inflation, higher interest rates and economic slowdown weighed on the market after the US Fed forecast another rate hike before the end of the year and indicated they may leave rates higher for longer than previously anticipated through 2024.

The Australian stock market is sharply lower on Friday, extending the losses in the previous four sessions, with the benchmark S&P/ASX 200 falling below the 7,000 mark, following the broadly negative cues from global markets overnight, with weakness across most sectors, led by heavyweight mining stocks and technology stocks.

Extending the losses in the previous three sessions, the Australian stock market is significantly lower on Thursday, with the benchmark S&P/ASX 200 staying above the 7,100 level, mirroring the broadly negative cues from Wall Street overnight, as traders reacted to the US Fed's signals of keeping interest rates higher through 2024, despite the decision to hold interest rates steady this month.