Sign up to create alerts for Instruments,
Economic Events and content by followed authors
Free Sign Up Already have an account? Sign In
Quotes
All Instrument Types
- All Instrument Types
- Indices
- Equities
- ETFs
- Funds
- Commodities
- Currencies
- Crypto
- Bonds
- Certificates
Please try another search
🚨 NDVA surged 43%. This AI Chipmaker Could Be Next See Analysis
Australian Shares Lift 1%, Utilities Lead Gains
Published Sep 20, 2022 11:10
© Reuters
By Oliver Gray
Investing.com - The S&P/ASX 200 added 68.9 points or 1% to 6,788.8 after the first hour of Tuesday’s trade, reversing losses of 0.2% in the previous session as Utilities and Financials led the gains.
ASX 200 Futures were trading 0.3% higher.
Among stocks, Utilities added 1.6% overall with Origin Energy Ltd (ASX:ORG) up 2.8%, AGL Energy Ltd (ASX:AGL) up 1.7% and Infratil Ltd (ASX:IFT) adding 0.6%.
Financials added 1.2% with Macquarie Group Ltd (ASX:MQG) up 0.1%, Australia and New Zealand Banking Group Ltd (ASX:ANZ) adding 0.9%, Commonwealth Bank Of Australia (ASX:CBA) lifting 1.5%, National Australia Bank Ltd (ASX:NAB) up 1.4% and Westpac Banking Corp (ASX:WBC) gaining 1.6%.
Materials gained 1.5% with Rio Tinto Ltd (ASX:RIO) up 1%, BHP Group Ltd (ASX:BHP) lifting 1.5%, Champion Iron Ltd (ASX:CIA) adding 2.7%, while lithium miners surged amid higher spot prices. Pilbara Minerals Ltd (ASX:PLS) gained 2.2%, Lake Resources NL (ASX:LKE) lifted 0.5% and Lynas Rare Earths Ltd (ASX:LYC) gained 2.8%.
Coming up in the session, market participants will be watching for the release of the Reserve Bank of Australia’s latest meeting minutes.
On the bond markets, Australia 10-Year rates were at 3.697% while United States 10-Year yields were at 3.483%.
In New Zealand, the NZX 50 added 0.5% to 11,584.6.
Related Articles
Add Chart to Comment
Confirm Block
Are you sure you want to block %USER_NAME%?
By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.
%USER_NAME% was successfully added to your Block List
Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.
Report this comment
I feel that this comment is:
Comment flagged
Thank You!
Your report has been sent to our moderators for review
Add a Comment
We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:
Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.