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Market Impact: 0.2

Australian Market Sharply Higher

Market Technicals & FlowsInvestor Sentiment & PositioningCommodities & Raw Materials

The S&P/ASX 200 moved above the 8,950 level as Australian shares traded sharply higher, extending gains from the prior session. The advance was broad-based and led by mining stocks, with the rally occurring after mixed cues from Wall Street overnight.

Analysis

The S&P/ASX 200 moved above the 8,950 level as Australian shares traded sharply higher, extending gains from the prior session. The advance was broad-based and led by mining stocks, with the rally occurring after mixed cues from Wall Street overnight.

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Market Sentiment

Overall Sentiment

moderately positive

Sentiment Score

0.30