AUS
NZ
UK
CA
USA
IND
Highlights
- The ASX 200 benchmark index closed in the red today (December 19), losing 14.70 points or 0.21% to end at 7,134.00 points.
- Over the last five days, the index has lost 0.65% and 2.33% over the last 52 weeks.
- Materials was the biggest gainer, advancing 0.63% while utilities and healthcare fell 0.99% and 0.98% respectively.
The ASX 200 benchmark index closed in the red today (December 19), losing 14.70 points or 0.21% to end at 7,134.00 points.
Key pointers from ASX closing today
- Nickel Industries Ltd (ASX:NIC) and United Malt Group Ltd (ASX:UMG) gained the most on the ASX today, moving ahead 4.76% and 4.50%, respectively.
- Star Entertainment Group Ltd (ASX:SGR) and Imugene Limited (ASX:IMU) fell 16.67% and 9.09%, respectively.
- Over the last five days, the index has lost 0.65% and 2.33% over the last 52 weeks.
- Materials was the biggest gainer, advancing 0.63% while utilities and healthcare fell 0.99% and 0.98% respectively.
- The All-Ordinaries Index fell 0.22%.
Newsmakers
Raiden Resources (ASX:RDN): The nickel-copper-platinum group element mineralization at Mt. Sholl in Western Australia has high-grade and extensive zones, according to Raiden Resources' final assay results.
All of the results from the company's 2022 drilling programme at the A1, B1, and B2 deposits, which are still open in all directions, have already been received, as per an ASX filing.
Cobre (ASX:CBE): Cobre has raised AU$5 million through a share issue in order to speed up its exploration efforts in Botswana's Kalahari copper belt.
As per the company, both new and current shareholders, including a number of "high-quality" institutional investors and the company's largest shareholder, Metal Tiger, strongly supported the placement.
Global markets
After the Fed stated that the majority of policymakers expects benchmark rates to rise further next year and remain up for longer than the market anticipated, US stocks slumped 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 1.11% to 3,852.36. The Dow Jones was 0.85% down to 32,920.46. The NASDAQ Composite decreased 0.97% to 10,705.41, and the small-cap Russell 2000 fell 0.63% to 1,763.42.
In Asia, Hang Seng in Hong Kong lost 0.52%, the Asia Dow was 0.59% down while Nikkei in Japan fell 1.11% and Shanghai Composite in China decreased by 1.35% at 4.04 PM AEDT.
Bond yields
Australia’s 10-year bond yield stands at 3.53% as of 4.05 PM AEDT.
In commodities markets
Crude Oil WTI was spotted trading at US$74.80/bbl, while brent was at US$79.80/bbl at 4.06 PM AEDT.
Gold was at US$1792.27 an ounce, copper was at US$3.78/Lbs, and iron ore was at US$112.00/T at 4.06 PM AEDT.
