Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Indexes  >  Australian Stock Exchange  >  S&P/ASX 200    XJO   XC0006013624

S&P/ASX 200

(XJO)
SummaryQuotesChartsNewsHeatmapComponents 
SummaryMost relevantAll NewsNews of the index componentsMarketScreener Strategies

Australian shares resume trade without incident, gain on vaccine hopes; NZ up

11/16/2020 | 06:59pm EST

* Trading on ASX resumes without incident

* Oil prices jump on vaccine hopes, boost energy stocks

* Energy index hits highest since June 11

Nov 17 (Reuters) - Australian shares rose on Tuesday on positive news from another coronavirus vaccine trial, and equity market operations resumed without incident after a software glitch forced the exchange operator to halt trade in the previous session.

The S&P/ASX 200 index was up 0.23% at 6,484.3 points by 2315 GMT, hovering at its highest since March 3. The index had risen to that level with a 1.2% gain in the previous session before trading was paused.

Trading on Australia's stock exchange was halted just 20 minutes from the open on Monday due to "market data issues", cutting Australian equities off from a rally in broader Asian markets fuelled by positive data from Pfizer's COVID-19 vaccine.

Optimism continued on Tuesday after another U.S. drugmaker, Moderna Inc, said its experimental COVID-19 vaccine was 94.5% effective in preventing infection, lending hope that with an effective drug, economies may be able to reopen fully sooner than seen.

Oil prices jumped on the news, sending the ASX 200 Energy index up 3.1% to its highest since June 11, led by Beach Energy Ltd, up 5.1%, followed by Oil Search Ltd , gaining 4.8%.

Sector heavyweight Woodside Petroleum Ltd rose 3.9% while Santos Ltd added 4.8%.

Chinese iron ore futures rose 0.7%, helping the index's heavyweight stocks, miners BHP Group Ltd and Rio Tinto Ltd add nearly 2% and 1%, respectively.

Healthcare stocks, which had sharply risen so far this year on increased hospital visits and tests, traded about 0.8% lower. Ramsay Health Care Ltd was among top losers, down 1.8%.

The number of issues on the ASX that advanced were 726 while 436 declined.

New Zealand's benchmark S&P/NZX 50 index rose 0.4% to hit a fresh peak at 12,801.43 points. Outdoor clothing retailer Kathmandu Holdings was the top percentage gainer, with a 3.2% rise. (Editing by Lincoln Feast.)


© Reuters 2020
Stocks mentioned in the article
ChangeLast1st jan.
ASX LIMITED 0.75% 71.37 End-of-day quote.-0.87%
BEACH ENERGY LIMITED -2.55% 1.91 End-of-day quote.5.82%
BHP GROUP -2.93% 45.45 End-of-day quote.7.12%
KATHMANDU HOLDINGS LIMITED 2.29% 1.34 End-of-day quote.4.69%
LONDON BRENT OIL 1.15% 55.37 Delayed Quote.6.15%
MODERNA, INC. -0.05% 129.65 Delayed Quote.24.10%
OIL SEARCH LIMITED -2.27% 4.31 End-of-day quote.16.17%
RAMSAY HEALTH CARE LIMITED 4.28% 61.92 End-of-day quote.-0.42%
RIO TINTO GROUP -1.44% 118.79 End-of-day quote.4.36%
S&P/ASX 200 1.19% 6742.6 Real-time Quote.1.15%
SANTOS LIMITED -0.81% 7.36 End-of-day quote.17.38%
WOODSIDE PETROLEUM LTD -0.41% 26.65 End-of-day quote.17.19%
WTI 0.43% 52.511 Delayed Quote.8.19%
All news about S&P/ASX 200
06:10aWall Street Leans Forward Pre-Bell; Futures Green, Europe Up, Asia Rallies
MT
04:09aS&P/ASX 200 : Australia's Payroll Jobs Rebound to Pre-Pandemic Levels in Mid-Dec..
MT
12:40aAustralia shares close higher on rebound in miners, financials
RE
12:23aConsumer Discretionary, IT Lead Gains on Australian Bourse; ANZ-Roy Morgan Co..
MT
12:11aS&P/ASX 200 : Consumer Discretionary, IT Sectors Lead Gains on Australian Bourse
MT
01/19S&P/ASX 200 : Australian Consumer Confidence Down Slightly in Mid-January
MT
01/18S&P/ASX 200 : Australian Weekly Payroll Jobs, Wages Fall in Last Two Weeks of 20..
MT
01/18Australia shares jump 1%, led by gains in mining and financial stocks
RE
01/18Australia shares jump 1% on reports Queensland to lift lockdown curbs
RE
01/18EANS-NEWS : European Lithium Limited / $7m Raised to fund Lithium Exploration - ..
DJ
More news
News of the index components S&P/ASX 200
08:11aShares climb, dollar dips before Yellen speech; earnings in focus
RE
04:05aIGO : Raises $44 Million Via Retail Entitlement Offer
MT
03:40aNATIONAL AUSTRALIA BANK : Appendix 2A
PU
03:40aDOWNER EDI : wins two AfPA awards
PU
03:14aAUSTAL : Launches volta series of electric-powered high speed ferries
PU
12:40aAustralia shares close higher on rebound in miners, financials
RE
01/18Australia shares jump 1%, led by gains in mining and financial stocks
RE
More news
Chart S&P/ASX 200
Duration : Period :
S&P/ASX 200 Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends S&P/ASX 200
Short TermMid-TermLong Term
TrendsNeutralBullishNeutral
Heatmap :