AUS
NZ
UK
CA
USA
IND
Highlights
- The ASX 200 benchmark index closed in the red today (December 16), losing 50.90 points or 0.71% to end at 7,153.90 points.
- Over the last five days, the index has lost 0.82% and 1.94% over the last 52 weeks.
- Energy was the biggest gainer, advancing 0.46% while IT and utilities fell 1.83% and 1.36% respectively.
The ASX 200 benchmark index closed in the red today (December 16), losing 50.90 points or 0.71% to end at 7,153.90 points.
Key pointers from ASX closing today
- Aurizon Holdings Ltd (ASX:AZJ) and Coronado Global Resources Inc (ASX:CRN) gained the most on the ASX today, moving ahead 3.63% and 2.85%, respectively.
- Block Inc (ASX:SQ2) and Pinnacle Investment Management Group Ltd (ASX:PNI) fell 6.02% and 4.20%, respectively.
- Over the last five days, the index has lost 0.82% and 1.94% over the last 52 weeks.
- Energy was the biggest gainer, advancing 0.46% while IT and utilities fell 1.83% and 1.36% respectively.
- The All-Ordinaries Index fell 0.66%.
Newsmakers
Red 5 (ASX:RED): At its King of the Hills (KOTH) gold mine in Western Australia's Eastern Goldfields, Red 5 has started commercial production.
It has been a month since the process plant was scheduled to be shut down for maintenance on the crusher and mill.
Aurumin (ASX:AUN): With the help of a drill-for-equity contract that it has signed with Topdrill, Aurumin will complete drilling at its Sandstone operations in Western Australia.
According to the terms of the deal, Aurumin will be able to use shares rather than cash to cover up to 50% of the drilling expenses. It will be limited to AU$1 million in AUN shares, though.
Global markets
After the Fed stated that the majority of policymakers anticipate benchmark rates to rise significantly next year and remain up for longer than the market anticipated, US stocks fell in a choppy trading session. The target federal funds rate was increased by the central bank by 0.5 percentage points, to 4.25–4.5%.
The S&P 500 lost 2.49% to 3,895.75. The Dow Jones was 2.25% down to 33,202.22. The NASDAQ Composite decreased 3.23% to 10,810.53, and the small-cap Russell 2000 fell 2.52% to 1,774.61.
In Asia, Hang Seng in Hong Kong lost 0.11%, the Asia Dow was 2.97% down while Nikkei in Japan fell 1.85% and Shanghai Composite in China decreased by 0.34% at 4.11 PM AEDT.
Bond yields
Australia’s 10-year bond yield stands at 3.47% as of 4.12 PM AEDT.
In commodities markets
Crude Oil WTI was spotted trading at US$75.90/bbl, while brent was at US$80.76/bbl at 4.13 PM AEDT.
Gold was at US$1778.82 an ounce, copper was at US$3.77/Lbs, and iron ore was at US$113.00/T at 4.13 PM AEDT.
