Australian stocks gained on quiet Tuesday's trading

Note: This section contains information in English only.
Source: Dukascopy Bank SA
Australian equities closed on the positive note on a quite Tuesday's trading as Wall Street was closed because of the Hurricane Sandy. The S&P/ASX 200 Index added 0.20% to close at 4,485.70. Nine out of ten sectors included in the index moved higher. The biggest gains posted telecommunications. M2 Telecommunications and Singapore Telecommunications jumped 0.79% and 0.40%. Virgin Australia Holdings was the second best performer after making a takeover of Skywest. Lenders were bullish, with ANZ Banking Group and Commonwealth Bank Australia climbing 0.59% and 0.92%. Meanwhile, mining giants were mixed. Fortescue inched up 1.74% while Rio Tinto dropped 0.11%.

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Tue, 30 Oct 2012 14:51:39 GMT

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