{
Bannerman Energy Ltd

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Australia 200 rebounds as rate cut expectations boost supermarket and real estate stocks

The Australia 200 index rose 38 points (0.48%) to 7957, poised for its best close in nearly two weeks, buoyed by supermarket stocks following ACCC findings. The real estate sector also gained amid expectations of an RBA rate cut in May, while the financial sector showed signs of recovery. Gold prices retreated from record highs, and Paladin's uranium operations were suspended due to heavy rainfall.
IG
Australian Dollar N-able, Inc. Westpac Banking Corp Mirvac Group Boss Energy Ltd Lendlease Group Gold Road Resources Ltd Paladin Energy Ltd Deep Yellow Ltd Perseus Mining Ltd Stockland Coles Group Ltd Bannerman Energy Ltd Woolworths Group Ltd Metcash Ltd De Grey Mining Ltd Vicinity Centres AUS Show more
Finance & Economy, Market Report
06:28 21.03.2025

Australia 200 edges higher amid geopolitical tensions and positive jobs outlook

The Australia 200 index is trading slightly higher at 7860, recovering from an intraday high of 7922 amid rising geopolitical tensions following Israel's airstrikes on Gaza. The upcoming jobs report is expected to show stable employment, likely keeping interest rates on hold. In the energy sector, Beach Energy and AGL Energy saw gains, while gold prices hit a record high, benefiting companies like Regis Resources. The banking sector experienced mixed results, and the materials sector remained steady despite fluctuations in coal and iron ore stocks.
IG
Australian Dollar United States Dollar Macquarie Group Limited National Australia Bank Limited Santos Limited Westpac Banking Corp Northern Star Resources Ltd Boss Energy Ltd Gold Road Resources Ltd Deep Yellow Ltd Perseus Mining Ltd Fortescue Ltd Regis Resources Ltd Bannerman Energy Ltd Australia and New Zealand Banking Group Ltd Rio Tinto Group Commonwealth Bank of Australia AGL Energy Ltd AUS Show more
Finance & Economy, Market Report
05:28 18.03.2025
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