Australian Stocks Hold Steady in Morning Trading

Dow Jones
Aug 18

This article was automatically generated by Dow Jones using technology from Automated Insights.

Stocks in Australia were flat during early trading Tuesday, as the S&P/ASX 200 Benchmark Index held steady at 9074.50.

Among local companies with a market cap of at least 15 billion Australian dollars ($10.66 billion), CSL is the biggest leader this morning, jumping 15%, and Goodman Group surged 4.0%. BHP Group rounds out the top three movers, as shares rose 3.8%.

PLS Group is the biggest early laggard, declining 2.8%, followed by shares of Wash Soul Pattinson, which declined 1.9%. Shares of Macquarie Group declined 1.7%.

The U.S dollar held steady against the Australian dollar at 1.41 Australian dollars.

In the bond markets, the 10-year Australian government bond yield increased 2.78 basis points to 5.051%.

Data source: Dow Jones Market Data, FactSet

 

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