Australian Market Sharply Higher
The Australian stock market is sharply higher on Tuesday, adding to the gains in the previous three sessions, following the broadly positive cues from Wall Street overnight.
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The Australian stock market is sharply higher on Tuesday, adding to the gains in the previous three sessions, following the broadly positive cues from Wall Street overnight.
Taking the broadly positive cues from Wall Street overnight, the Asian stock markets are trading mostly higher, as traders took note of US Fed Vice Chair Philip Jefferson stating the central bank needs to "proceed carefully to balance the risk of tightening too much.
Defence majors such as Lockheed Martin, Northrop Gruman, Huntington Ingalls, L3Harris Tech and General Dynamics have gained at least 8% each on the S&P 500 Index today
Newcrest Mining Limited (ASX:NCM – Get Free Report) declared a interim dividend on Monday, October 9th, MarketIndexAU reports. Stockholders of record on Thursday, October 26th will be given a dividend of 1.74 per share by the mining company on Thursday, October 26th. This represents a dividend yield of 6.85%. The ex-dividend date is Tuesday, October […]
The spike in commodity prices is pushing the Australian stock market modestly higher on Monday, extending the gains in the previous two sessions. The benchmark S&P/ASX 200 is moving to near the 7,000 mark, following the broadly positive cues from global markets on Friday, with gains across most markets, led by in gold miners and energy stocks.