The Australian sharemarket enjoyed a positive end to the week,spurred on by the energy sector but dogged by embattled IT firm WiseTech Global.
The Australian sharemarket finished Thursday’s session flat following a mixed day on Wall Street ahead of the much-anticipated results of the world’s most valuable company.
The Australian sharemarket had a strong session,powered by energy,IT and industrial stocks after Wall Street recovered some of its sharp losses from last week.
The sharemarket was lifted by every sector except for tech,with WiseTech Global and Mineral Resources the biggest losers of Monday’s session.
The Australian sharemarket closed Friday’s session lower as mining and property shares dipped,but finished the week higher than it began.
The Australian sharemarket finished Thursday in the green as BHP,Rio and Fortescue regain their mojo.
The Australian sharemarket lost most of its early gains to close flat,with investors still miffed by the lack of any big bang stimulus measures out of China.
Australian markets finished higher on Monday after oil prices surged last week on the threat of more conflict in the Middle East.
The Australian sharemarket has finished the week in the red,weighed down by the mining and technology stocks,as investors keep a watchful eye on the growing conflict in the Middle East.
With a boost from the mining sector,the Australian sharemarket has finished slightly up to close at a fresh all-time high.
The Australian sharemarket has closed slightly lower,after big miners rallied on the back of an announcement of Chinese stimulus.