Australian shares advanced, miners led gains

Note: This section contains information in English only.
Source: Dukascopy Bank SA

Australian stocks started the week in a green territory, being boosted by easing measures in the US. Meanwhile, slightly weaker Australian Dollar eased pressure on the exporters. The S&P/ASX 200 Index advanced by 0.29% to close at 4402.50, the highest level since May. Only three business sectors included in the index climbed. Miners posted the strongest gains, with Aquarius Platinum, Interpid Mines and BHP Billiton rallying 6.99%, 20.00% and 2.52%, respectively. Meanwhile, Macmahon rose 3.92% despite expectations for profit outlook downgrade. Lenders were steady, with ANZ Banking Group and Commonwealth Bank of Australia easing up by 0.66% and 0.02%. On the downside were technology firms, with Computershare falling 1.18%.

 

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