Australian shares are trading modestly higher on Wednesday, recouping the losses in the previous session, with the benchmark S&P/ASX 200 staying above the 7,700 level, following the broadly positive cues from Wall Street overnight, with gains in technology and financial stocks partially offset by weakness in gold miners and energy stocks.
Australian shares advanced on Monday,
boosted by mining and financial stocks, as investor optimism
improved after data last week showed U.S. inflation tracked
sideways, boosting hopes of.
Recouping some of the losses in the previous three sessions, the Australian stock market is significantly higher on Friday, despite the broadly negative cues from Wall Street overnight.
CANBERA (dpa-AFX) - Asian stock markets are trading mostly higher on Friday, despite the broadly negative cues from Wall Street overnight, as global bond yields retreated following a downward revision