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Investors Anxiously Anticipate The Outcome Of This Weekends G20 Summit

Published 30/11/2018, 10:00 am
Updated 09/07/2023, 08:32 pm

Originally published by Rivkin

Futures were down 2 points at 8.30am AEDT with the ASX expected to open flat as investors anxiously anticipate the outcome of this weekends G20 Trump/Xi meeting in Argentina, President Trump was quoted “I think we’re very close to doing something with China but I don’t know that I want to do it” as he left the white house to fly to the summit. Wall Street's trading session finished slightly lower with the S&P 500 down 0.22% and the Nasdaq down 0.25%.

Yesterday saw the likes of Afterpay (AX:APT) and Altium (AX:ALU) share price jump out the gate and finish the day 8% higher. Wisetech Global (AX:WTC) reached as far as 10% up during the trading session finishing the day at a respectable +6%. The major mining stocks led the index gains on Thursday after base and bulk metals rallied Wednesday. BHP Billiton (AX:BHP) led the materials sector, rising 1.2 per cent to $30.98, Rio Tinto (LON:RIO) climbed 1.7 per cent to $73.25 and South32 (S32) rose 1.6 per cent to $3.14.

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