Asian markets are set to open higher with Australian Securities Exchange (ASX) currently up 49.3 points this morning (21 August) at 10.45am AEST.
With a total of 8,967.3 points, all eleven sectors are higher including the materials industry, which is up 0.58% today.
Vault Minerals (ASX:VAU) is one mining company making the gains list, seeing a 10.71% increase to its share price of $0.46 after announcing its end of financial year results, an on-market share buy-back, and its succession of the Managing Director and CEO.
The Dow Jones rose 0.036% to finish the trading day up 16 points to close at 44,938 points.
Earlier, markets in Europe had a mixed session as London’s FTSE rose a small 1.08% and Germany’s DAX declined 0.60%.
The Australian dollar is weaker against the major currencies and is buying US$0.64.
Gold is trading at US$3,341 per ounce with copper down 0.05% to US$4.43 per pound.
WTI Crude oil is selling for US$62.86 per barrel while Brent oil is higher at US$66.96/barrel.
Iron ore price is trading at US$101.57 and one bitcoin is worth US$114,363 going into the Asian trading day.
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: iStock
