06 Oct

ASX gains 0.8 percent Australia’s benchmark S&P ASX 200 jumped to a near one-month peak, extending gains after Monday’s 2 percent boost, despite weak economic data. Canberra posted an August trade deficit of A$3.1 billion, much wider than Reuters estimates for a A$2.5 billion deficit, while monthly exports were flat on a seasonally-adjusted basis. Miners continued their rally, with Rio Tinto and BHP Billiton both nearly 3 percent higher while Kingsgate Consolidated and Fortescue Metals rose more than 2 percent each. Supermarkets also gained, with Woolworths 1.6 percent higher and Metcash up nearly 3 percent. Kospi adds 0.6 percent


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Posted by on October 6, 2015 in Uncategorized


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