ASX sparks ahead of U.S. inflation data

June 10, 2021 - 2 weeks ago
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The Australian share market advance to an intraday high of 7,314.6, with the previous day set at an all-time high at 7,334.90.

At the closing bell, the benchmark S&P/ASX 200 index rose +32.3 points, or +0.44%, to 7,302.5, while the All Ordinaries added +36.8 points, or +0.49%, to 7,558.8.

Real Estate, Information Technology, Utilities, Telecommunication and Financials were offset by losses in Energy.

Energy stocks were in the red, with Woodside Petroleum slipping -1.47% to $23.41, while Oil Search fell -3.3% to $4.07, Santos lost -0.91%, to $7.60, Beach Energy lost -1.47% to $1.345, and Worley tumbled -3.27%, to $11.84.

Technology stocks were firmer with Buy-now-pay-later giant Afterpay climbed +1.02%, to $99.85, accounting software provider Xero rose +2.96%, to $133.11, Altium added +1.2%, to $34.71, Megaport gained +0.83%, to $15.84, NEXTDC added +1.75%, to $11.62, EML climbed +3.7%, to $3.92, Zip Co rose +0.73%, to $6.87 and Nearmap advanced +0.27%, to $1.84.

Materials were mixed, with Fortescue Metals Group leading the titans higher after climbing +0.79%, to $22.83, while BHP Group lost -0.76% to $48.30, and Rio Tinto added +0.1%, to $124.92.

Gold stocks were mixed, with Newcrest Mining fell -0.04% to $27.49, Northern Star Resources rose +1.01% to $11.01, and Evolution Mining Ltd ended up +0.82% to $4.94.

The Financial sector was slightly mixed, with Commonwealth Bank leading the “Fab Four” (banks) higher after settling at a +0.76% gain to $101.85, while Westpac Banking Corp rose +0.15%, to $26.59, National Australia Bank ended up +0.23%, to $26.62, Australia and New Zealand Banking Group lost -0.14%, to $28.69.

Meanwhile, Macquarie Group advanced +0.73% and settled at $152.51.

Supermarket giants Coles and Woolworths were mixed as Coles fell -0.42% to $16.69, while its rival Woolworths rose +0.77% to $42.96.

E-commerce group Kogan lost -1.86% and settled at $10.58, while Seek rose +3.67% to $31.05.

Meanwhile, JB Hi-Fi added +1.45% to $48.17, while Telstra ended flat at $3.57, while Wesfarmers rose +0.52%, to $54.61, Aristocrat Leisure gained +0.29%, to $40.92 and QBE Insurance rose -0.18% to $11.47.

Biotechnology giant CSL rose +0.37% to $295.21, while ResMed rose +3.72% to $28.13, Fisher & Paykel Healthcare lost -0.07%, to $27.28, and Cochlear rose +0.04%, to $234.65.

Travel stocks were weaker, with Sydney Airport falling +0.66%, to $6.05, Corporate Travel Management lost -3.26%, to $20.79, Flight Centre lost -2.61%, to $15.27, and Webjet tumbled -2.88% to $5.05.

Meanwhile, our local currency, the Australian dollar, is currently buying US$0.7740 (as of writing).

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