The Australian Securities Exchange (ASX) has lost 36.5 points this morning (2 September), trading at 8,891.2 points as at 10.25am AEST.
The index has lost 0.50% over the past five days, with six sectors performing lower in line with the S&P/ASX 200 index.
The materials sector has continued to rise this morning, up 1.26% with Perseus Mining (ASX:PRU), Liontown Resources (ASX:LTR), and Ramelius Resources (ASX:RMS) making the top five gains list.
Asian markets are set to open lower this morning in line with the ASX.
The Dow Jones fell 0.2% to finish the trading day down 92 points to close at 45,545 points.
Earlier, markets in Europe had a strong session as London’s FTSE rose and Germany’s DAX stronger.
The Australian dollar is weaker against the major currencies and is buying US$0.65.
Gold is trading at US$3,338 ($5,092) per ounce with copper at US$4.431 per pound.
WTI Crude oil is selling for US$62.69 per barrel while Brent oil is higher at US$65.21 per barrel.
Iron ore is trading at US$101.57 per tonne and one bitcoin is worth US$107,909 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
