Es ist ein Fehler aufgetreten!
S&P/ASX 200 climbs 53 points as resources rally revs up the ASX
S&P/ASX 200 (INDEXASX:XJO) has climbed 0.9% by mid-day and is trading at 5,893. Mid-day: ASX200 is trading up 0.9% at 5,893 There are broad gains across the index at large but some big names drop earnings, including the likes of Telstra (ASX:TLS), South32 (ASX:S32) and Suncorp (ASX:SUN). Telstra's net profit in the six months ended December 31 fell 4.9% to $1.7 billion from $1.8 billion in the previous corresponding period. South32 reported a stronger than expected $US543 million ($684.2 million) first-half underlying profit. 10.30am: ASX200 is trading up 0.8% at 5,889 Resources stocks have led the ASX shares higher in early trade as the global recovery continues, thanks in part to a 3.3% jump in BHP (ASX:BHP) shares. Origin Energy (ASX:ORG) has been dragged into a first-half net loss due to write-downs on gas fields that it flagged, while underlying earnings jumped. Home appliances company Breville Group Ltd (ASX:BRG) released a strong first half result, trading up 5.3%. Breville Group $BRG 1H18 Total Revenue $385.4M +13.6% EBIT +12.3% to $55.2M NPAT +7.8% to $36.3M 1H Div $0.165#ausbiz pic.twitter.com/8dEMvL7c8X — CommSec (@CommSec) February 14, 2018 Listed legal services company, IPH Ltd (ASX: IPH) has been sold down heavily after investors were clearly not pleased with the half-year result. IPH was down over 20% this morning, trading as low as $4.03. Pre-market wrap: S&P/ASX 200 expected to jump 44 points on the back of strength in overseas markets The S&P/ASX 200 is set to open higher following a strong overnight performance in all major overseas markets. The Dow (INDEXDJX:DJI) was up 1% or 253 points, closing at 24,893 points. [VIDEO] US Market Close: US sharemarkets rose on Wednesday. Investors weighed up data showing softer retail sales and slightly higher inflation data https://t.co/9J2bJPhtfH #ausbiz — CommSec (@CommSec) February 14, 2018 The NASDAQ (NASDAQ:IXIC) was even stronger, rallying 1.9% to 7143 points on Wednesday. The FTSE 100 (INDEXFTSE:UKX) gained 0.6% to finish at 7213 points. READ: FTSE 100 and is in positive territory with precious metals miners leading the way Markets in Germany and France were both up more than 1%. Commodities could be the driver of Thursday With precious and base metals surging overnight, and a 2.5% kick in the oil price, Australian stocks could receive most of their momentum from the resources sector. The SPI futures are pointing to a gain of 44 points.