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Soumyajit Saha

Australian shares end string of losses as gold, tech stocks rise

28 Oct 2020

Australian shares ended four straight sessions of losses to close slightly higher on Wednesday as gold miners gained and technology stocks rose following Afterpay's strong earnings.

Australian shares end string of losses as gold, tech stocks rise

28 Oct 2020

* Afterpay surges on strong Q1 underlying sales (Updates to close)

Australia shares flat as investors await earnings, production results

12 Oct 2020

Oct 12 Australian shares struggled for direction on Monday as investors stayed away from making big bets ahead of corporate earnings and production results while awaiting further developments on U.S. stimulus talks.

Australia shares open higher as U.S. stimulus talks progress

09 Oct 2020

* U.S. President Trump says restarted COVID-19 relief negotiations

Australia shares rise on renewed hopes of partial U.S. stimulus

08 Oct 2020

* U.S. President Trump urges standalone bills for economic relief

Australia shares rise as govt paves way for billions in stimulus

07 Oct 2020

* Stimulus measures to push budget deficit to record A$213.7 bln

Australia shares fall ahead of cenbank decision, federal budget

06 Oct 2020

* Newcrest Mining jumps as Toronto Stock Exchange listing approved

Australia shares likely to open higher ahead of budget, cenbank meet

05 Oct 2020

By Soumyajit Saha Oct 6 Australian shares are likely to open higher on Tuesday, ahead of a central bank policy meet and the federal budget, and tracking a robust Wall Street on renewed stimulus hopes in the U.S. and an improvement in President Donald Trump's health. The local share price index futures rose 0.4% at 21:25 GMT, a 10.4-point premium to the underlying S&P/ASX 200 index close. The benchmark rose 2.6% on Monday. In New Zealand, the benchmark S&P/NZX 50 index rose 0.5% to 11,958.1, in early trade. (Reporting by Soumyajit Saha in Bengaluru; Editing by Leslie Adler)

Australia shares jump 2% on jobs stimulus, Trump's health progress

05 Oct 2020

Oct 5 Australian shares rose more than 2% on Monday after the government announced plans to earmark additional wage subsidies to help spur employment, and as investors continued to hope for a swifter recovery of U.S. President Donald Trump.

Australian shares post biggest weekly gain in six

14 Aug 2020

Aug 14 Australian shares rose on Friday, recording their biggest weekly gain in six, as the country's central bank chief called for more fiscal stimulus to revive an economy facing its deepest recession in about a century.

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