Index
DJIA
S&P 500
NASDAQ
FTSE100
DAX
CAC 40
NIKKEI 225
HANG SENG
All Ords
ASX 200
BCap Average*
Gold (USD/oz)
Oil (USD/bbl)
Copper (USD/lb)
Close
20,054.34
2,294.67
5,682.45
7,188.82
11,543.38
4,766.60
19,007.60
23,485.13
5,703.40
5,651.40
1,002.89
US$1,243.10
US$52.38
US$266.90
Change
-35.95
+1.59
+8.24
+2.60
-6.06
+12.13
+96.82
+153.56
+0.55
-29.50
0.00
+7.00
+0.21
+0.25
Change (%)
-0.18%
+0.07%
+0.15%
+0.04%
-0.05%
+0.26%
+0.51%
+0.66%
+31.00%
-0.52%
0.00%
+0.57%
+0.40%
+-0.06%
US Market- U.S. stocks opened lower as falling oil prices weighed on the shares of energy companies.
The S&P 500 index SPX, +0.07% shed four points, or 0.2%, to 2,288. The Dow Jones Industrial
Average DJIA, -0.18% retreated 53 points, or 0.3%, to 20,038. The Nasdaq Composite
Index COMP, +0.15% slipped 12 points, or 0.2%, to 5,662.
Europe Market- U.K. stocks ended little-changed on Wednesday, with traders appearing to be avoiding big
bets as they watched for a final vote in parliament on a key Brexit bill.
The FTSE 100 UKX, +0.04% closed out 0.04% higher at 7,188.82, after a session that lacked momentum.
Asia Market- Global investor sentiment seesawed on Wednesday, with many stock markets across Asia
reversing from early losses, as macro factors battled local market drivers.
The Nikkei Stock Average NIK, +0.51% closed up 0.5%, as strong earnings results in afternoon trading offset
earlier losses from a stronger yen. In Australia, the S&P/ASX 200 XJO, +0.52% also ended up 0.5%, buoyed
by its heavily weighted financial component.
In South Korea, the Kospi SEU, -0.49% closed 0.5% lower, becoming one of the day’s biggest decliners
meanwhile Japan’s Inpex 1605, -1.12% was off 1.1% Hong Kong’s Hang Seng Index HSI, +0.66% also
changed direction to trade up 0.6% amid a surge in the share price of stock-exchange operator Hong Kong
Exchanges, which was recently trading up 4.5%.
Australian Market- The Australian market on Wednesday gained ground due to strength among the big four
banks, well received earnings reports from Carsales.com and construction firm CIMIC, and a higher price for
iron ore.
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The benchmark S&P/ASX200 index rose 29.5 points, or 0.52 per cent, to 5,651.4 points, while the broader All
Ordinaries index gained 30.8 points, or 0.54 per cent, to 5,703.4 points.
Meanwhile, the Australian dollar is hardly changed against the US dollar. The local currency was trading at
76.36 US cents at 0700 AEDT on Thursday, from 76,32 US cents on Wednesday.
At 0700 AEDT on Thursday, the share price futures index was up three points, or 0.05 per cent, at 5,601.
In equities news, AMP is expected to post full-year results, while AGL Energy, Suncorp and NBN Co are slated
to release half-year results.
Newcrest Mining chief executive Sandeep Biswas is scheduled to speak at the Melbourne Mining Club.
Port Moresby- The local bourse had another quiet day yesterday with BSP Capital Average closed flat at
1,002.89 points while all other listed stocks closed unchanged.
In dual listed shares; InterOil IOC-0.04% lost 1 cent to close at US$48.09 a share on the NYSE. Likewise Oil
Search OSH-1.01% shed 1% to close at A$6.88 followed suit by New Crest NCM-0.42% to A$23.59 per share
on the ASX.
BSP
CCP
9.000
1.880
10.000
1.950
Gold- Gold futures climbed for a fifth-straight session on Wednesday as geopolitical uncertainty kept prices at
their highest settlement level in about 13 weeks.
April gold GCJ7, +0.57% rose $3.40, or 0.3%, to settle at $1,239.50 an ounce—the highest finish since Nov.
10, according to FactSet data.
Oil – Oil prices proved resilient Wednesday, settling higher despite data showing the second-largest weekly
climb on record for U.S. crude supplies.
March West Texas Intermediate crude CLH7, +0.40% rose 17 cents, or 0.3%, to settle at $52.34 a barrel on the
New York Mercantile Exchange. April Brent crude LCOJ7, +0.20% on London’s ICE Futures exchange inched
up by 7 cents, or 0.1%, to $55.12 a barrel.
MAKING NEWS IN BUSINESS AND FINANCE TODAY
1. SYDNEY — The Australian market looks set to open flat, following the US and Europe’s lead with
markets nervous amid widespread political uncertainty. At 0700 AEDT on Thursday, the share price futures
index was up three points, or 0.05 per cent, at 5,601.
2. SYDNEY — Meanwhile, the Australian dollar is hardly changed against the US dollar. The local currency
was trading at 76.36 US cents at 0700 AEDT on Thursday, from 76,32 US cents on Wednesday.
3. NEW YORK — President Donald Trump has tweeted Nordstrom, which decided to stop selling Ivanka
Trump’s clothing and accessory line, treated his daughter “so unfairly”.
4. LONDON — Britain’s House of Commons has given final approval to a bill authorising the government to
start exit talks with the European Union, despite fears by opposition lawmakers that the UK. is setting out
on Brexit path with a sketchy road map.
5. EDINBURGH — Support for Scottish independence has risen since British Prime Minister Theresa May
came out last month in favour of Britain making a clean break with the European Union when it leaves the
bloc, an opinion poll shows.
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6. BERLIN — Passengers at Berlin’s two main airports faced cancellations and delays as ground staff
walked off the job in a dispute over pay and working hours.
7. GENEVA — The United Nations has appealed for $US2.1 billion ($A2.8 billion) to provide food and other
lifesaving assistance to 12 million people in Yemen who face the threat of famine after two years of war.
Sources: Bloomberg, Reuters, Yahoo Finance, Market Watch, POMSoX, Bank of Papua New Guinea
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