Australia Stocks Extend Rally on Global Relief

Australian equities jumped 235 points, or 2.7%, to 8,964 on Wednesday morning deals, continuing the bullish momentum from the prior session while holding at a four-month high, as nearly all sectors posted solid gains, including consumer durables, financials, healthcare, and logistics. A strong surge in U.S. stock futures boosted sentiment after President Trump announced a two-week delay to a planned U.S. attack on Iran, making more time for negotiations between the two sides. Meanwhile, Iran’s supreme leader reportedly has signed off on the deal, according to several Iranian officials. Locally, personal spending in Australia rose 0.3% mom in February, matching January’s pace and marking a second straight month of growth. Among early standouts were Evolution Mining (7.7%), Northern Star Resources (5.6%), and Macquarie Group (4.9%). The four largest banks soared between 3.2% to 3.7%. In contrast, fuel refiners and marketers slipped, particularly Ampol (-4.0%) and Viva Energy (-7.4%).
S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market





