Sign up Australia
Proactive Investors - Run By Investors For Investors

All Ordinaries looks to open higher

All Ordinaries looks to open higher

ASX SPI 200 futures are currently 24 points higher at 4993 an hour before the open, with Australian equities poised to follow global bourses into the green.

Also supporting Australian equities today is a stronger gold price, which hit a 3-1/2-week high of $1,616.36 an ounce on Friday.


U.S. stocks gain

U.S. stocks rose on Friday in spite of the banking crisis in Cyprus, paring the second weekly drop of the year for the Standard & Poor’s 500 Index, as Nike Inc. (NKE) and Tiffany & Co. (TIF) beat earnings estimates and optimism.

The S&P 500 (SPX) advanced 0.7 percent to 1,556.89 in New York, trimming its weekly loss to 0.2 percent.

The Dow Jones Industrial Average increased 90.54 points, or 0.6 percent, to 14,512.03 today.

 

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX “Small and Mid-cap” stocks with distribution in Australia, UK, North America and Hong Kong / China.

View full . profile View Profile

Proactive Investors Australia Timeline

Related Articles

White board with marketing ideas
March 14 2017
There was a bit of a wobble in the run-up to the Brexit vote and shortly after it, but the group's 'buy, build & grow' strategy is taking shape
Marketing.jpg
April 04 2017
The company posted a strong set of annual results that matched City forecasts
1505911280_social-media.jpg
September 20 2017
The Cello Health unit led the way as it grew organically and via the acquisition

© Proactive Investors 2017

Proactive Investors Australia PTY LTD ACN:132787654 ABN:19132787654.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use