Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Indexes
  3. Australia
  4. Australian Stock Exchange
  5. S&P/ASX 200
  6. News
  7. Summary
    XJO   XC0006013624

S&P/ASX 200

(XJO)
SummaryQuotesChartsNewsHeatmapComponents 
SummaryMost relevantAll NewsOther languagesNews of the index componentsMarketScreener Strategies

Australian shares rise as coronavirus curbs ease in Victoria; NZ flat

10/18/2020 | 08:56pm EDT

* NZ's Jacinda Ardern re-elected as New Zealand's leader on Saturday

* Aussie metals and mining index leads

* Crown Resorts hit with another regulatory probe, shares slump

Oct 19 (Reuters) - Australian shares gained on Monday after Victoria state eased its months-long coronavirus lockdown and as U.S. officials said a new stimulus package could be passed before presidential elections.

The S&P/ASX 200 index rose 0.8% or 46.7 points to 6,223.20 by 2336 GMT, led by miners and financials. The benchmark fell 0.5% on Friday.

Victoria, Australia's second-most populous state which was at the epicentre of the country's coronavirus outbreak, will see more freedom of movement as of Monday, with the state government eyeing a reopening of restaurants and retail stores by Nov. 1.

Global sentiment improved after U.S. House Speaker Nancy Pelosi said she was optimistic that a legislation on coronavirus relief package could be pushed through before the Nov. 3 presidential election.

Australian metals and mining index, the largest constituent on the benchmark, gained 1.3%. Manganese and coal miner South32 Ltd rallied 5% after reporting a jump in first-quarter production.

The world's biggest miner BHP Group Ltd rose 0.7%, while peer Rio Tinto Ltd added 0.6%.

Australia's "Big Four" lenders - Commonwealth Bank of Australia, Westpac Banking Corp, National Australia Bank and Australia and New Zealand Banking Group - rose between 0.8% to 1%.

The healthcare index was boosted by biotech major CSL Ltd 1.4% gain.

A decliner was Australia's biggest casino operator Crown Resorts, which fell 9% to a near six-month low, after it said the country's financial crime watchdog launched a probe into its Melbourne business on suspicions of money-laundering and counter-terrorism financing.

Across the Tasman sea, New Zealand's benchmark index was little changed at 12,416, in its first trading day since Prime Minister Jacinda Ardern's landslide victory in the parliamentary elections over the weekend.

The top losers on the index were Meridian Energy Ltd , which dropped 2.5%, followed by Mercury NZ Ltd , down 2.1%.

(Reporting by Anushka Trivedi in Bengaluru; Editing by Amy Caren Daniel)


© Reuters 2020
Stocks mentioned in the article
ChangeLast1st jan.
AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED 1.07% 29.23 End-of-day quote.28.77%
AUSTRALIAN DOLLAR / US DOLLAR (AUD/USD) -0.90% 0.75475 Delayed Quote.-0.12%
BHP GROUP -1.41% 47.69 End-of-day quote.12.40%
COMMONWEALTH BANK OF AUSTRALIA 1.04% 105.91 End-of-day quote.28.99%
CROWN RESORTS LIMITED 0.08% 12.21 End-of-day quote.26.79%
CSL LIMITED -0.22% 302.22 End-of-day quote.6.72%
MERCURY NZ LIMITED -0.95% 6.26 End-of-day quote.-4.13%
MERIDIAN ENERGY LIMITED 0.57% 5.32 End-of-day quote.-28.30%
NATIONAL AUSTRALIA BANK LIMITED 0.56% 27.01 End-of-day quote.19.51%
RIO TINTO GROUP -1.18% 124.23 End-of-day quote.9.14%
RIO TINTO PLC -2.29% 5882 Delayed Quote.10.05%
S&P/ASX 200 -0.37% 7359 Real-time Quote.12.13%
SOUTH32 LIMITED -2.10% 2.8 End-of-day quote.13.36%
WESTPAC BANKING CORPORATION 1.47% 26.94 End-of-day quote.39.08%
All news about S&P/ASX 200
06:41aAsian Stock Markets Mixed After Federal Reserve Tightening Signals
MT
06:23aHANG SENG  : Hong Kong Hang Seng Up 0.4% on Tech, Auto Shares Rally
MT
03:42aAustralian Shares Fall as US Fed Signals Policy Tightening; Flynn Gold Starts..
MT
06/16LIONHUB  : Submits Delisting Request to ASX
MT
06/16RBA TO KEEP CASH RATE STEADY TILL IN : RBA Governor Lowe
MT
06/16S&P/ASX 200  : Australia's Unemployment Rate Falls for Seventh Straight Month in..
MT
06/16Coles to Focus A$1.4 Billion Fiscal Year 2022 Capex on Efficiency Drive -- Up..
DJ
06/16Asian Stock Markets Drift Lower on Tech-Sector Weakness, Fed Outlook
MT
06/16Hong Kong Hang Seng Off 0.7%, Shanghai Down 1.1% As Tech Slips
MT
06/16S&P/ASX 200  : Australian Consumer Confidence Improves After Lifting of Melbourn..
MT
More news
News of the index components S&P/ASX 200
04:01pTech stocks drive Nasdaq to higher close, as hawkish Fed limits S&P
RE
08:01aAFTERPAY  : Taps Mastercard Executive as New General Manager of North America
AQ
06:58aCOMMONWEALTH BANK OF AUSTRALIA  : CBA's fixed income research highly rated by in..
AQ
06:12aBHP  : Potash outlook briefing (Form 6-K)
PU
05:16aWORLEY  : Services contract win for renewable fuels project
PU
03:05aBHP GROUP  : Goldman Sachs gives a Buy rating
MD
02:08aCOMMONWEALTH BANK OF AUSTRALIA  : Australian central bank cancels bond operation..
RE
More news
Chart S&P/ASX 200
Duration : Period :
S&P/ASX 200 Technical Analysis Chart | XJO | XC0006013624 | MarketScreener
Technical analysis trends S&P/ASX 200
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Heatmap :