Australian shares rose 41 points or 0.5% to 8,662 in early Friday trade, extending gains from the prior session as U.S. futures strengthened after the Dow Jones hit a record close overnight on renewed hopes of a Washington–Tehran deal to end the Middle East conflict. Local markets are on track to log a modest weekly rise, up about 0.3% so far, after sharp declines last week, lifted by speculation that April’s surprise drop in employment could prompt the central bank to pause its tightening cycle following three hikes this year. However, strength was tempered by caution ahead of April CPI data, due next week, after March inflation surged 4.6% yoy, the fastest since September 2023, driven by higher fuel costs. Sector gains were broad, led by consumer, producer manufacturing, and logistics. The big four banks advanced between 0.4% to 1%, while standouts included BHP Group (1.1%), Evolution Mining (3.0%), SGH Ltd. (2.0%), and ALS Ltd. (1.4%).

Octalas AI

الربح

الجميع يسارعون إلى خفض التكاليف. أما نحن، فنسرع نحو تحقيق الأرباح.

ابدأ البيع من خلال تقديم الخدمات

ابدأ الفترة التجريبية

مجانًا لمدة 14 يومًا · لا حاجة لبطاقة ائتمان