ASX closes above 6500 in late rally

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CBA helps ASX hold above 6000 as resources rally stalls.. The Australian dollar was trading at US76.53 cents in late afternoon trading.. which rallied to close to its strongest level since.

Local investors shunned the party, driving the benchmark S&P/ASX 200 index down 0.8 per cent to close at the. push spot iron ore prices above $US80 a tonne for the first time since October 2014. It.

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 · The Nikkei closes up for yet another day, making a significant break-away from the 21k level. In Australia the ASX performed the best with a +0.7% rally with miners and exporters helping the rally. Interesting that both the equity and bonds and the currency declined again today in Europe as cash flow edges again towards the US markets.

 · Sept 21 (Reuters) – Australian shares gained on Friday, following a strong finish on Wall Street, with materials stocks leading the charge on the back of higher copper prices. The S&P/ASX.

NEW YORK — Stocks fell slightly short in a late bid to extend November’s surprisingly resilient rally, having recovered from a sudden. The Dow jumped 76 points on Monday for its first-ever close.

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The resumption of the S&P/ASX 200 rally saw the A-VIX move lower with several closes below 12, the lowest levels we have seen in the A-VIX since the start of the year. An A-VIX at these levels is suggestive of continued confidence in the Australian market.

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The benchmark S&P/ASX200 index closed up 24 points, or 0.37 per cent, to 6,500.1 points at 1615 AEST on Tuesday, while the broader All Ordinaries was up 19.7 points, or 0.3 per cent, to 6,584.4.

The local sharemarket looks set to open higher as global stocks continue to rally after the Bank of Japan and the US. further upside could be seen in the local currency. A weekly close above.

24 Apr 2019 – The ASX is set to rise at the open as over the US the S&P 500 and Nasdaq saw a rally leading to a close at an all time high. Meanwhile, the oil market could be vulnerable to price spikes after Trump’s crackdown on Iranian imports.