The Market Wrap with Tony Sycamore, Market Analyst, IG Australia

Money News

MARKET WRAP:

• ASX200: up 0.37%, 8,224

• GOLD: $2,557 US/oz

• BITCOIN: $139,317 AUD
  

• The ASX 200 broke a losing streak to close up 0.4%

• Accounting software company Xero released its half-year earnings with shares finishing 5.9% higher to $171.

• Farm chemical supplier Nufarm saw its shares gain 6% despite a 29% fall in underlying earnings.

• Commbank up 2.2%, NAB up 1%, Westpac up 1.3% and ANZ up 1.2%.

• BHP down 1.3% and Fortescue down 1.9%.

• Resmed down 2.5% and Bluescope Steel down 2.4%.

CURRENCY UPDATE:

• AUD/USD: 64.65 US cents

• AUD/GBP: 51.0 pence

• AUD/EUR: 61 Euro cents

• AUD/JPY: 100 Japanese yen

• AUD/NZD: 1.10 NZ dollars

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