Sydney, June 01, 2021 (GLOBE NEWSWIRE) Proactive, provider of real-time news and video interviews on growth companies listed in Australia, has covered.
S&P/ASX 200 hits 15-month high as material, banking shares surge
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S&P/ASX 200 hits 15-month high as material, banking shares surge
Brent crude oil prices rose by 25 cents to US$69.12 a barrel on Thursday, helped by strong U.S. economic data that offset investors’ concerns about the potential for a rise in Iranian supplies. The U.S. job market edged closer to its pre-pandemic self as initial jobless claims totalled just 406,000 for the week ended May 22.
S&P/ASX 200 (INDEXASX:XJO) rallied as much 1.25% to 7,183 points earlier today, its best level since February 20, 2020.
The materials sector was leading the gains with financials, energy, industrials and consumer staples also lending support.
S&P/ASX 200 falls 1.11% after highest ever close of 7172.8 on Monday
Gold was trading at US$1,836.89 per ounce, near its three-month high as last week’s miss on the U.S. jobs growth numbers weighed on the dollar. US nonfarm payrolls data on Friday showed jobs growth unexpectedly slowed in April.
S&P/ASX 200 (INDEXASX:XJO) has slipped 1.11% to 7,093.5 with most sectors in negative territory ahead of tonight’s Federal Budget.
This follows a gain of 1.3% on Monday with the index reaching its highest ever close of 7172.8 points.
The price of iron ore has hit a record high for a second day, gaining 7.9% to US$229.55 per tonne.
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Sydney, May 11, 2021 (GLOBE NEWSWIRE) Proactive, provider of real-time news and video interviews on growth companies listed in Australia, has covered the following companies:
St George Mining (ASX:SGQ) (FRA:S0G) has completed a $7 million private placement, issuing a total of 85,365,854 shares at a price of $0.082 per share to institutional and sophisticated investors. Click here
Triangle Energy (Global) Ltd (ASX:TEG) and Pilot Energy Ltd (ASX:PGY) have executed joint venture agreements and access deeds formalising the WA-481-P upstream joint venture and the Cliff Head Wind and Solar joint venture. Click here
Maximus Resources Ltd (ASX:MXR) has received strong gold intersections of up to 10.5 g/t gold within wide zones of mineralised stockwork at S5 prospect around 300 metres south of the historic high-grade Wattle Dam Gold Mine in Western Australia. Click here