By Oliver Gray
Investing.com - The S&P/ASX 200 added just 7.1 points or 0.1% to 7,393.4 during Wednesday’s trade, trading in a tight range for the second consecutive session as yields fell, while the Australian dollar held below 5-month highs.
Among stocks, Information Technology led the gains, advancing 1.7% overall, as Block Inc (ASX:SQ2) added 4.6%, Appen Ltd (ASX:APX) lifted 1.1%, Megaport Ltd (ASX:MP1) gained 1.9%, and Brainchip Holdings Ltd (ASX:BRN) added 1.5%.
Real estate retreated, down 0.9% collectively, as Mirvac Group (ASX:MGR) dipped 0.9%, Goodman Group (ASX:GMG) fell 1.8%, Charter Hall Group (ASX:CHC) dipped 2.3% and Scentre Group Ltd (ASX:SCG) lost 0.3%.
In company news, Telix Pharmaceuticals Ltd (ASX:TLX) popped 8.6% after posting a surge in revenue over the third quarter of last year.
On the bond markets, Australia 10-Year rates were at 3.553% while United States 10-Year yields were at 3.49%.
In New Zealand, the NZX 50 added 0.3% to 11,920.4.