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Stock impact report

Australia, NZ shares gain as U.S.-Mexico deal eases trade 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
Australia, NZ shares gain as U.S.-Mexico deal eases trade worries - Reuters 3 Min Read * Iron ore prices boost mining stocks * Financial stocks rises for 5th straight session * Vocus top gainer after $2.10 bln AGL offer By Niyati Shetty June 11 (Reuters) - Australian shares climbed on Tuesday, supported by mining and financial stocks following a boost in sentiment after a U.S.-Mexico tariff agreement helped ease broader concerns about global trade tensions. The S&P/ASX 200 index was on track to gain for a fifth straight session, rising 1.3% or 81.10 points to 6,525.00 by 0205 GMT. The benchmark was closed on Monday for a holiday, but gained 1% on Friday. Mexico on Friday agreed to step up efforts to curb the flow of Central American migrants across the border, leading to the United States suspending the proposed 5% tariffs on Mexican goods. The U.S.-Mexico agreement eased concerns that the tariff spat would further depress the global economy, and in turn raised hopes that U.S. Preside Show less Read more
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