All ordinaries index record high
The news overnight has been more along the lines that Iran pulled its punches and Trump is toning things down," he said, "which is seen by investors as substantially reducing the risk of a war. At the close of trading Thursday, the Nikkei had jumped On foreign exchange markets the U. Around the close in Sydney on Thursday the euro had dipped to 1. The British pound slipped to 1. The Japanese yen fell to
ASX All Ordinaries share index closes at record high after 12-year wait
Wall Street has a red-hot buying fever and we are catching it in Australia as our share market follows the bullish US lead into record territory. With concerns about a war with Iran diminishing, the share market has now broken the pre-GFC high and is also well ahead of the previous intraday record of The ASX rallied The broader All Ordinaries index has now crossed the barrier for the first time, closing at Even more impressive was the fact that the new highs were achieved even as shares in most of the big miners fell due to falling iron ore spot prices and the gold sector was also battered by lower bullion prices.
While few sectors could match the amazing 6. Financials also had a strong session, lifting 0. Consumer stocks also enjoyed a rare moment in the sun after there was a 0. The figures indicated that the three interest cuts from last year and the Black Friday sales had finally combined to produce a brighter retail picture, which pointed to shares in the sector having been oversold on predictions of gloomy retail sales.
Consumer staples jumped 1. Consumer discretionary stocks also added 1. Amid all of this strength, the miners struggled with a hefty fall in iron ore spot prices and lower gold prices pushing the materials sector down 0.
All told it has been a great start to the year for the Australian share market, which has seen the benchmark ASX rise 2. Genetic Technologies revealed this week that 20 medical centres across eight US states will be using its third generation nonhereditary breast cancer test GeneType. According to Genetic Technologies, polygenic risk scores have been more widely accepted as a tool for measuring cancer risk.
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Investors will be hoping that the nascent sign of improvements in sentiment such as the retail sales figures will keep emerging, but it is way too early to call a trend. China is also set for a busy week of economic releases with indicators related to international trade, industrial production, investment, retail spending and economic growth GDP. English English. Small Caps. Bitcoin halving: what is it and how will it affect pricing?
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The All Ordinaries Index has finally recovered from the global financial crisis after years, closing at a fresh high on Wednesday. Code, Company, Price, Change, % Chg, High, Low, Volume, Mkt Cap, 1 Year. 3PL, 3P Learning Ltd Strong Buy SUSPENDED TRADING HALT, $,
The Australian share market has gone from strength to strength in , posting gains in each of the seven months since the start of the new year. These gains collectively have pushed the All Ordinaries Index the largest listed Australian companies up an impressive This is the first time since the Global Financial Crisis more than 11 years ago that the All Ordinaries index has reached these levels.
A dim forecast from the International Monetary Fund gave investors hope of further monetary policy stimulus, with the organisation warning about a 'sluggish' economy. Coca-Cola reported a rise in its quarterly profits, technology conglomerate United Technologies was positive on its outlook for the year and toy maker Hasbro also posted better-than-expected results.
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All Ordinaries passes all time pre-GFC high
The ASX has added For the week, the ASX has closed 2. Looking forward, we estimate it to trade at Trading Economics members can view, download and compare data from nearly countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. Features Questions?
All Ords enjoys record close, just misses highest ever mark
Login CDMNext. This records an increase from the previous number of 5, The data reached an all-time high of 7, Z Australian Stock Exchange: Indices. The index represents the largest companies listed on the ASX. Market capitalisation is the only eligibility requirement of constituents, as liquidity is not considered, with the exception of foreign domiciled companies. Try Now Explore our Data. Last 5,
It is now months since the all-time high of points on the All Ordinaries Index set back in the longest period in time that our market has taken to make a new all-time high following a bear market. In the last 60 years, the longest time was 94 months following the lows in the early s.
The Australian share market's broad All Ordinaries index has exceeded the record closing high it achieved almost 12 years ago. The local market has been boosted by a falling Australian dollar, which has dipped back below the 70 US cent mark.
Weekly review: 7000 points not far away as share market powers to a new record
Wall Street has a red-hot buying fever and we are catching it in Australia as our share market follows the bullish US lead into record territory. With concerns about a war with Iran diminishing, the share market has now broken the pre-GFC high and is also well ahead of the previous intraday record of The ASX rallied The broader All Ordinaries index has now crossed the barrier for the first time, closing at Even more impressive was the fact that the new highs were achieved even as shares in most of the big miners fell due to falling iron ore spot prices and the gold sector was also battered by lower bullion prices. While few sectors could match the amazing 6. Financials also had a strong session, lifting 0. Consumer stocks also enjoyed a rare moment in the sun after there was a 0. The figures indicated that the three interest cuts from last year and the Black Friday sales had finally combined to produce a brighter retail picture, which pointed to shares in the sector having been oversold on predictions of gloomy retail sales. Consumer staples jumped 1. Consumer discretionary stocks also added 1. Amid all of this strength, the miners struggled with a hefty fall in iron ore spot prices and lower gold prices pushing the materials sector down 0. All told it has been a great start to the year for the Australian share market, which has seen the benchmark ASX rise 2.
All Ordinaries Index to break longest period to make a new all-time high
Record low interest rates and tumbling bond yields have pushed the All Ordinaries index to a record high on Wednesday, completing an and-a-half year recovery from the depths of the financial crisis. Australia's oldest index closed the session at Central banks have supported the global economy with trillions of dollars of stimulus since Bear Stearns collapsed in , marking the beginning of the sub-prime crisis. Since then, equities have faced the European sovereign debt crisis, China's Black Monday sell-off, and separate emerging markets crises in Brazil and Turkey. Policymakers are again leaning to looser monetary settings, galvanised by the first interest rate cut by the US Federal Reserve since expected next week. In November , the Australian year government bond was yielding almost 6 per cent and the cash rate was 6.
