24 October 2021
1300 794 893
Subscribe

Inside Markets - midday update 15/7/09

Switzer Daily
15 July 2009

Australian shares were up around 12:30pm, follow gains on US markets overnight.

The S&P/ASX 200 was 37.6 points or 0.97 per cent higher.
The All Ords rose 39 points or 1.01 per cent to 3897.8.

By industry sector, energy was up 247.7 points or 1.78 per cent, financials gained 26.4 points or 0.72 per cent, industrials rose 61.2 points or 2.12 per cent, and utilities put on 17.2 points or 0.43 per cent.

Miner BHP Billiton was up $0.11 or 0.33 per cent to $33.90, and Rio Tinto rose $0.56 or 1.14 per cent to $49.66.

Three of the Big Four banks saw gains. NAB rose $0.20 or 0.87 per cent to $23.20, CBA put on $0.41 or 1.07 per cent to $38.71, and Westpac was up $0.14 or 0.71 per cent to $19.79. Macquarie Group gained $0.78 or 2.11 per cent to $37.78.

In energy shares, Woodside rose $0.52 or 1.29 per cent to $40.86, while Santos gained $0.16 or 1.19 per cent to $13.55.

Among the retailers, Coles owner Wesfarmers put on $0.50 or 2.45 per cent to $23.40, while Woolworths was $0.17 or 0.64 per cent higher.

In economic news, the annualised growth rate for the Westpac Melbourne Institute Leading Index, which looks at economic activity three to nine months into the future, was up from a revised - 4.1 in April to -3.9 in May.

The Nikkei also made gains, up 42.5 points or 0.46 per cent to 9304.3.

The Hang Seng rose 182.1 points or 1.02 per cent to 18067.9.

Oil was  just over US$60 at US$60.21 a barrel, and the Oz dollar was buying 79.38 US cents.


Want to know the 5 Stocks Peter Switzer & Paul Rickard are buying in October?

We're giving you FREE access to find out which stocks our Switzer Report experts think have the highest upside in October and beyond!

Comments
Get the latest financial, business, and political expert commentary delivered to your inbox.

When you sign up, we will never give away or sell or barter or trade your email address.

And you can unsubscribe at any time!
Subscribe
1300 794 893
© 2006-2021 Switzer. All Rights Reserved. Australian Financial Services Licence Number 286531. 
homeshopping-cartphoneenvelopedollargraduation-cap linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram