The Australian stock market has lost ground in the first hour of trading after a fall on Wall Street.
Key points:
- The Dow Jones index fell 0.7% to 31,073, the S&P 500 index fell 0.8% to 3,831 and the Nasdaq Composite fell 0.8% to 11,360.
- The FTSE 100 index rose 0.9% to 7,223, the Paris CAC 40 rose 0.9% to 6,092, while the DAX rose 0.7% to 12,960.
- The All Ordinaries index fell 0.2% to 6,876, while the ASX 200 index fell 0.2% to 6,675 at 10:30 a.m. AEST.
At 10:30 a.m. AEST, the All Ordinary Index was down 0.2% to 6,876, while the ASX 200 Index was down 0.2% to 6,675.
Most sectors were in the red, led by healthcare companies and consumer stocks.
Energy stocks increased, followed by miners and utilities.
The large mining company BHP said production of iron ore, copper and coal increased during the fourth quarter.
BHP shares rose 1.5 percent to $ 37.55 per share.
JB HiFi online sales increase
Electronics retailer JB HiFi saw unaudited annual net income rise 7.7% to nearly $ 545 million, and online sales halved to $ 1.6 billion.
Online sales accounted for nearly 18 percent of total sales.
Global chain sales rose 3.5 percent to $ 9.2 billion.
The best results of the ASX 200 were the lithium brine mine Lake Resources (+ 8.8%), the investment firm Pendal Group (+ 4.6%) and the oil company Beach Energy (+4.4 %).
The data center operator Megaport (-7.5%), the financial platform company Hub 24 (-6.5%) and the technology company Netweealth Group (-5.1%) fell.
The Australian dollar fell 0.1% to 68.05 U.S. cents at 10:15 a.m. EST.
Wall Street slides
US stocks fell lower after banks’ shares erased their profits and technology giant Apple’s shares fell in a Bloomberg report that said the company planned to curb hiring growth and spending. next year.
Shares of Apple fell 2% to $ 147.07.
The Dow Jones Industrial Average fell 216 points or 0.7% to 31,073, the S&P 500 index lost 32 points or 0.8% to 3,831 and the Nasdaq Composite fell 0.8% to 11,360.
The actions gained ground in Europe.
In London, the FTSE 100 index rose 0.9 per cent to 7,223, the CAC 40 in Paris rose 0.9 per cent to 6,092, while the DAX in Germany rose 0.7 per cent one hundred to 12,960.
Cash gold fell 0.2% to $ 1,705.49 at 10:20 a.m. EST, while Brent crude fell 0.7% to $ 105.51 a barrel.
ABC / Reuters