Questor: This low-priced stock has a bright future
We seem to be on the right track with infrastructure and engineering expert Costain.
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We seem to be on the right track with infrastructure and engineering expert Costain.
Australian shares are trading modestly higher on Wednesday, adding to the slight gains in the previous session, with the benchmark S&P/ASX 200 staying above the 7,700 level, following the broadly positive cues from global markets overnight, with gains in index heavyweights and financial stocks partially offset by losses in technology stocks.
Asian stock markets are mostly higher on Tuesday, following the mixed cues from global markets overnight, amid optimism about the outlook for interest rates as traders looked ahead to a slew of crucial economic data, including reports on consumer and producer price inflation, for more clarity about the US central bank's interest rate moves.
Recouping some of the losses in the previous session, the Australian stock market is slightly higher on Tuesday, following the mixed cues from global markets overnight.
Asian stock markets are trading mostly lower on Monday, following the broadly negative cues from Wall Street on Friday, as traders reacted to mixed US monthly jobs data and are cautious ahead of the release of key US inflation data on Tuesday that could have a more profound impact on the outlook for interest rates.