empty
 
 

17.05.201300:34:13UTC+00Aussie stocks push higher, but face weekly loss

Stocks in Australia advance in early trading Friday as financial issues displayed modest gains and as miners were higher following recent weakness in the sector. The S&P/ASX 200 was up 0.1% at 5,182, though the benchmark was still on track for its first weekly loss in four weeks. Lenders Commonwealth Bank of Australia and Australia & New Zealand Banking Group each increased 0.8%, while metals producer BHP Billiton Ltd. bolstered 1.6% and Rio Tinto Ltd. up by 0.6%. But shares of gold producer Newcrest Mining Ltd. off tracks 2.5%, looking at their sixth consecutive loss. Meanwhile, WorleyParsons Ltd. shares sharply dive 14% after a yearly profit warning from the engineering company.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $4000 more!
    In July we raffle $4000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback