Page 27 - Resolute Mining News Today

Asian stock markets are trading mostly higher on Thursday, following the broadly positive cues from global markets overnight, as traders reacted to weak US PMI data that raised hopes the US Fed would end its tightening campaign to avert a recession.

The Australian stock market is modestly higher on Thursday, extending the gains in the previous two sessions, with the benchmark S&P/ASX 200 staying above the 7,100 level, following the broadly positive cues from global markets overnight, with gains across most sectors, led by technology stocks and gold miners.

The Australian stock market is modestly higher on Wednesday, extending the slight gains in the previous session, with the benchmark S&P/ASX 200 staying above the 7,100 level, following the mixed cues from Wall Street overnight, boosted by gains in mining and financial stocks, partially offset by weakness in technology and energy stocks.

Asian stock markets are trading mixed on Wednesday, following the mixed cues from Wall Street overnight, as traders continued to remain largely cautious, awaiting US Fed Chair Jerome Powell's speech at the Jackson Hole Symposium due later this week for more clues about the economy and interest-rate outlook.

The Australian stock market is modestly lower on Tuesday, extending the losses in the previous session, with the benchmark S&P/ASX 200 falling a tad below the 7,100 level, following the mixed cues from global markets overnight, dragged by weakness in iron ore mining and energy stocks.

Resolute Mining Ltd on Tuesday reported continued positive momentum with increased revenue and production in its latest half year, and said it is on track to meet its full-year targets. The Perth,...

The Australian stock market is sharply lower on Thursday, extending the steep losses in the previous session, with the benchmark S&P/ASX 200 falling to nearly the 7,100 level, following the broadly negative cues from Wall Street overnight, with weakness across sectors, led by miners and technology stocks.

Asian stock markets are trading mostly lower on Wednesday, following the broadly negative cues from global markets overnight, weighed down by concerns about the health of the US banking sector and broader global economy after a warning from Fitch that it may have to downgrade credit ratings of several banks, including JP Morgan.

The Australian stock market is sharply lower on Wednesday, giving up the gains in the previous session, with the benchmark S&P/ASX 200 falling below the 7,200 level, following the broadly negative cues from global markets overnight, dragged by weakness across most sectors, led by mining, technology and financial stocks.

The Australian stock market is modestly higher on Tuesday, recouping some of the losses in the previous session, with the benchmark S&P/ASX 200 moving a tad above the 7,300 level, following the broadly positive cues from Wall Street overnight, boosted by gains in financial and technology stocks, which mirrored their peers on the tech-heavy Nasdaq.