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

MarketScreener Homepage  >  Indexes  >  Australian Stock Exchange  >  S&P/ASX 200    XJO   XC0006013624

S&P/ASX 200

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

Australian shares resume trade without incident, gain on vaccine hopes; NZ up

11/16/2020 | 06:59pm EST

* Trading on ASX resumes without incident

* Oil prices jump on vaccine hopes, boost energy stocks

* Energy index hits highest since June 11

Nov 17 (Reuters) - Australian shares rose on Tuesday on positive news from another coronavirus vaccine trial, and equity market operations resumed without incident after a software glitch forced the exchange operator to halt trade in the previous session.

The S&P/ASX 200 index was up 0.23% at 6,484.3 points by 2315 GMT, hovering at its highest since March 3. The index had risen to that level with a 1.2% gain in the previous session before trading was paused.

Trading on Australia's stock exchange was halted just 20 minutes from the open on Monday due to "market data issues", cutting Australian equities off from a rally in broader Asian markets fuelled by positive data from Pfizer's COVID-19 vaccine.

Optimism continued on Tuesday after another U.S. drugmaker, Moderna Inc, said its experimental COVID-19 vaccine was 94.5% effective in preventing infection, lending hope that with an effective drug, economies may be able to reopen fully sooner than seen.

Oil prices jumped on the news, sending the ASX 200 Energy index up 3.1% to its highest since June 11, led by Beach Energy Ltd, up 5.1%, followed by Oil Search Ltd , gaining 4.8%.

Sector heavyweight Woodside Petroleum Ltd rose 3.9% while Santos Ltd added 4.8%.

Chinese iron ore futures rose 0.7%, helping the index's heavyweight stocks, miners BHP Group Ltd and Rio Tinto Ltd add nearly 2% and 1%, respectively.

Healthcare stocks, which had sharply risen so far this year on increased hospital visits and tests, traded about 0.8% lower. Ramsay Health Care Ltd was among top losers, down 1.8%.

The number of issues on the ASX that advanced were 726 while 436 declined.

New Zealand's benchmark S&P/NZX 50 index rose 0.4% to hit a fresh peak at 12,801.43 points. Outdoor clothing retailer Kathmandu Holdings was the top percentage gainer, with a 3.2% rise. (Editing by Lincoln Feast.)


© Reuters 2020
Stocks mentioned in the article
ChangeLast1st jan.
ASX LIMITED 0.17% 71.73 End-of-day quote.-0.37%
BEACH ENERGY LIMITED -0.80% 1.855 End-of-day quote.2.77%
BHP GROUP 1.06% 46.62 End-of-day quote.9.88%
KATHMANDU HOLDINGS LIMITED 1.53% 1.33 End-of-day quote.3.91%
LONDON BRENT OIL -1.03% 55.51 Delayed Quote.7.08%
MODERNA, INC. 0.09% 152.87 Delayed Quote.45.35%
OIL SEARCH LIMITED -1.15% 4.3 End-of-day quote.15.90%
RAMSAY HEALTH CARE LIMITED 1.00% 63.33 End-of-day quote.1.85%
RIO TINTO GROUP 2.05% 121.77 End-of-day quote.6.98%
S&P/ASX 200 -0.65% 6780.6 Real-time Quote.3.61%
SANTOS LIMITED -0.69% 7.16 End-of-day quote.14.19%
WOODSIDE PETROLEUM LTD -0.87% 26.33 End-of-day quote.15.79%
WTI -0.45% 52.539 Delayed Quote.8.49%
All news about S&P/ASX 200
06:21aWall Street Choppy Pre-Bell; Futures Mixed, Europe Lower, Asia Uneven
MT
04:50aS&P/ASX 200 : Australia's Q4 Inflation Tops Market Forecasts on Increased Tobacc..
MT
12:59aAustralia shares retreat from 11-mth high as resource firms fall
RE
12:20aAustralian Shares Post Moderate Losses as Business Confidence Falls; Rise in ..
MT
12:02aS&P/ASX 200 : Australian Shares Post Moderate Losses at Close as Business Confid..
MT
01/26S&P/ASX 200 : Australian Business Conditions Rise in December 2020, But Confiden..
MT
01/26S&P/ASX 200 : Rise in Australian Consumer Prices Slows in Q4 2020, But Exceeds F..
MT
01/26Australia shares fall from 11-month high as big miners, energy stocks weigh
RE
01/26TRACKINSIGHT : Stocks Higher Despite Worries about the Impact of the Latest Surg..
TI
01/26New Zealand shares end lower weighed by travel, utility stocks; Australia clo..
RE
More news
News of the index components S&P/ASX 200
08:40aRESOLUTE MINING LIMITED : - Tabakoroni Underground Mineral Resource Update
AQ
08:39aRESOLUTE MINING LIMITED : - Quarterly Conference Call Details
AQ
06:19aBHP GROUP : Goldman Sachs maintains a Buy rating
MD
04:50aRESOLUTE MINING : Upgrades Tabakoroni Mineral Resource Estimate
MT
03:22aNATIONAL AUSTRALIA BANK : Ceasing to be a substantial holder for NEC
PU
01:44aSONIC HEALTHCARE : Appendix 2AOpens in a new Window
PU
01:42aARISTOCRAT LEISURE : Notice of 2021 Annual General Meeting and Proxy Form
PU
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
TrendsBullishBullishNeutral
Top / Flop S&P/ASX 200
Heatmap :