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.
* Afterpay surges on strong Q1 underlying sales
(Updates to close)
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.
* U.S. President Trump says restarted COVID-19 relief
* U.S. President Trump urges standalone bills for economic
* Stimulus measures to push budget deficit to record A$213.7
* Newcrest Mining jumps as Toronto Stock Exchange listing
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
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.
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.