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Australian shares rose on Thursday, buoyed by robust earnings by blue-chip companies, while sharp jumps in banking and gold mining stocks also added to the gains. The S&P/ASX 200. ....
Jarden Brief: US markets in the red, Nasdaq down 2.4% 4 May, 2021 08:49 PM 7 minutes to read US stocks were struggling this morning. Photo / Getty Images NZ Herald Coming Up Today: New Zealand: On Tuesday, the NZX50 recorded a strong performance, increasing 1.1 per cent. Ahead of the Global Dairy Trade Auction, milk powder producer A2 Milk and dairy company Synlait Milk increased 3.4 per cent to $7.99 and 3.0 per cent to $3.39 respectively, closing as the top performers of the day. Napier Port Holdings (+2.3 per cent to $3.57) rounded out the top performers, correcting some of the losses from Monday s session. The GDT auction this morning saw fats down after additional butter supply was announced last week. AMF was down 4.2 per cent and butter was down 12.1 per cent. The large increases seen in US corn prices in the past 3-4 months have pushed US SMP prices higher and supported the values seen in other origins, including Ne ....
By Reuters Staff 2 Min Read May 3 (Reuters) - Australian shares rose on Monday, boosted by gains in the country’s second-biggest lender Westpac Banking Corp after upbeat earnings, but gains were capped by losses in miners and energy companies on weak commodity prices. The S&P/ASX 200 index was up 0.5% at 7,059.5 as at 0034 GMT. The top percentage gainers on the were Charter Hall Group, up 1.14%, followed by Ampol Ltd, gaining 1.06% and Blackmores Ltd, rising 1.06%. Financial stocks were the biggest percentage gainers, adding about 1.5%, with Australia and New Zealand Banking Group and Commonwealth Bank of Australia gaining 0.5% each. Westpac jumped as much as 4.4%, after it reported a near three-fold jump in its first-half cash earnings, and it laid out a three-year plan to cut costs. ....