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Australia Market ends steady

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Capital Market
Australian equity market finished session marginally higher after recouping early losses on Tuesday, 05 September 2017, thanks to after a relatively upbeat message from the RBA and more solid economic data. Most of ASX sectors recovered, with strong commodity prices which pushed up material stocks higher while financial stocks erased early losses. At the close, the S&P/ASX 200 index closed 0.07%, or 4.20 points, lower at 5706.20, while the broader All Ordinaries index closed up 0.07%, or 4.03 points, at 5767.80. Falling stocks outnumbered advancing ones on the Sydney Stock Exchange by 663 to 512 and 351 ended unchanged. The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 0.33% to 13.525.

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First Published: Sep 05 2017 | 5:11 PM IST

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