MARKET NEWS

ASX expected to open higher with miners up
19/03/2019 7:10 AM

Australian shares are expected to open higher, with a rise in the iron ore price likely to boost mining companies.

The SPI200 futures contract was up 20 points, or 0.32 per cent, at 6,211.0 at 0700 AEDT, suggesting a positive start for the benchmark S&P/ASX200 on Tuesday.

On Wall Street overnight, the Dow Jones Industrial Average was up 0.12 per cent, the S&P 500 was up 0.29 per cent and the tech-heavy Nasdaq Composite was up 0.28 per cent.

The Aussie dollar is buying 71.05 US cents from 71.12 US cents on Monday.

ASX expected to open higher
18/03/2019 7:15 AM

Australian shares are expected to open higher after Wall Street rose at the end of last week.

The SPI200 futures contract was up 35 points, or 0.57 per cent, at 6,206.0 at 0700 AEDT, suggesting a positive start for the benchmark S&P/ASX200 on Monday.

On Wall Street on Friday, the Dow Jones Industrial Average was up 0.54 per cent, the S&P 500 was up 0.50 per cent and the tech-heavy Nasdaq Composite was up 0.76 per cent.

The Aussie dollar is buying 70.87 US cents from 70.84 US cents on Friday.

ASX expected to open slightly higher
15/03/2019 7:07 AM

Australian shares are expected to open marginally higher after Wall Street traded on a flat note overnight.

The SPI200 futures contract was up 16 points, or 0.26 per cent, at 6,203.0 at 0700 AEDT, suggesting a small bounce for the benchmark S&P/ASX200 on Friday.

On Wall Street, the Dow Jones Industrial Average was down 0.01 per cent, the S&P 500 was down 0.10 per cent and the tech-heavy Nasdaq Composite was down 0.13 per cent.

The Aussie dollar is buying 70.65 US cents from 70.62 US cents on Thursday.