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Stock impact report

Aussie shares close higher on upbeat trade news, fading Brexit worries [Reuters]

BHP Group Limited American Depositary Shares (Each representing two Ordinary Shares) (BHP) 
US:NYSE Investor Relations: bhp.com/investor-centre
Company Research Source: Reuters
Aussie shares close higher on upbeat trade news, fading Brexit worries * Resources, bank units fuel ASX gains * UK-exposed stocks also climb * Safe-haven gold units see heavy losses (Updates to close) By Devika Syamnath Dec 13 (Reuters) - Australian shares closed higher on Friday as news of a potential “phase one” U.S.-China trade deal and a resounding election win for Britain’s Conservative Party spurred risk appetite. While trade tensions eased, investor nerves were also calmed by UK Prime Minister Boris Johnson’s victory as it was likely to help him take Britain out of the European Union. The S&P/ASX 200 index closed 0.5% higher, or 30.9 points, at 6,739.7. Reuters reported the United States has agreed to reduce some tariffs on Chinese goods and delay a tranche of tariffs as part of a phase one deal. Neither Washington nor Beijing have released any official statements. Damian Rooney, director of equity sales at Argonaut, said he “would love to see more detail” on the deal, though t Show less Read more
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