MARKET NEWS

ASX expected to open lower
21/05/2019 7:08 AM

The Australian share market is expected to open lower following a post-election surge in stocks on Monday.

The SPI200 futures contract was down 41 points, or 0.63 per cent, at 6,444.0 at 0700 AEST, suggesting a fall for the benchmark S&P/ASX200 on Tuesday.

It was a negative session for Wall Street overnight, with the Dow Jones Industrial Average finishing down 0.33 per cent, the S&P 500 down 0.67 per cent and the tech-heavy Nasdaq Composite down 1.46 per cent.

The Aussie dollar is buying 69.06 US cents from 69.26 US cents on Monday.

ASX expected to open slightly higher
20/05/2019 7:09 AM

The Australian share market is expected to open marginally higher.

The SPI200 futures contract was up 5 points, or 0.08 per cent, at 6,368.0 at 0700 AEST, suggesting a slightly positive start for the benchmark S&P/ASX200 on Monday.

Wall Street fell on Friday following media reports that US-Chinese trade talks had stalled, with the Dow Jones Industrial Average finished down 0.38 per cent, the S&P 500 down 0.58 per cent and the tech-heavy Nasdaq Composite down 1.04 per cent.

The Aussie dollar is buying 69.12 US cents from 68.89 US cents on Friday.

ASX expected to open higher
17/05/2019 7:01 AM

The Australian share market is expected to open higher following gains on Wall Street overnight.

The SPI200 futures contract was up 47 points, or 0.74 per cent, at 6,392.0 at 0700 AEST, suggesting a positive start for the benchmark S&P/ASX200 on Friday.

On Wall Street, the Dow Jones Industrial Average was up 0.84 per cent, the S&P 500 was up 0.89 per cent and the tech-heavy Nasdaq Composite was up 0.97 per cent.

The Aussie dollar is buying 68.93 US cents from 69.13 US cents on Thursday.