By Oliver Gray
Investing.com - The S&P/ASX 200 was down 4.3 points or 0.1% to 6,640.7 after the first 90 minutes of Wednesday’s trade, following three sessions of consecutive declines as info tech and energy retreated while financials and real estate gained.
ASX 200 Futures were pointing 0.3% higher.
Among stocks, Information Technology companies retreated with Block Inc (ASX:SQ2) down 3.2%, Appen Ltd (ASX:APX) falling 0.4%, Megaport Ltd (ASX:MP1) down 1.4%, Novonix Ltd (ASX:NVX) losing 0.8% and Altium Ltd (ASX:ALU) down 0.9%.
Energy retreated as Woodside Energy Ltd (ASX:WDS) declined 2.5%, Santos Ltd (ASX:STO) fell 1.4% and Beach Energy Ltd (ASX:BPT) lost 0.5%.
Financials added 1% overall as Australia and New Zealand Banking Group Ltd (ASX:ANZ) lifted 1.9%, Commonwealth Bank Of Australia (ASX:CBA) gained 1.5%, National Australia Bank Ltd (ASX:NAB) lifted 0.6%, Westpac Banking Corp (ASX:WBC) gained 2% while Macquarie Group Ltd (ASX:MQG) fell 0.2%. Bank Of Queensland Ltd. (ASX:BOQ) also lifted 5.7% after the company reported a 15% increase in profits over the last 12 months.
Real estate companies gained 0.3% as Mirvac Group (ASX:MGR) lifted 0.5%, Charter Hall Group (ASX:CHC) added 0.4%, Goodman Group (ASX:GMG) gained 0.6% and Stockland Corporation Ltd (ASX:SGP) lifted 0.8%.
On the bond markets, Australia 10-Year rates were at 4.015% while United States 10-Year yields were at 3.951%.
In New Zealand, the NZX 50 lost 0.5% to 10,903.7.