The Australian Securities Exchange (ASX) is higher by 23 points this morning (16 September), to 8,876.40 points as at 10.25am AEST.
Similarly, the index has seen gains over the past five days by a 0.83% increase, just 1.97% off its 52-week high.
Sectors are holding a mixed session with seven performing higher, not including the materials sector, which has dropped 0.28%.
Across the globe, the Asian markets are expected to open higher this morning in line with the ASX.
The Dow Jones finished 0.1% higher to finish the trading day up 49 points to close at 45,883 points.
European markets hosted a mixed session as London’s FTSE dropped amid Germany’s DAX growing stronger.
The Australian dollar has been buying slightly higher, currently at US$0.66, though weaker amongst major currencies.
Gold is trading at US$3,683 ($5,522) per ounce with copper trading at US$4.65 per pound.
WTI Crude oil is selling higher for US$63.36 per barrel while Brent oil is up again at US$67.53 per barrel.
Iron ore is valued slightly lower from yesterday’s market open, currently at US$105.31 per ton.
The S&P/ASX200 is Australia’s leading share market index and contains the top 200 ASX-listed companies in terms of market capitalisation, and accounts for about 80% of the country’s equity market.
The index is designed to measure the performance of the 200 largest index-eligible stocks listed on the ASX by float-adjusted market capitalisation.
It is recognised as the institutional investable benchmark in the country.
Write to Maddison Elliott at Mining.com.au
Images: Australian Securities Exchange
