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Stock impact report

Australia shares end higher as mining, energy stocks firm [Reuters]

BHP Billiton (BHP)  More Company Research Source: Reuters
US:NYSE Investor Relations: bhp.com/investor-centre
PDF Australia shares end higher as mining, energy stocks firm * Prime Minister revises unemployment forecast upwards * Melbourne enters six-week lockdown * Ironore, base metal prices benefit from China demand (Updates to close) By Soumyajit Saha Aug 6 (Reuters) - Australian shares ended higher on Thursday, following a firmer finish on Wall Street, as mining and energy stocks rallied on the back of higher commodity and oil prices. The S&P/ASX 200 index rose 0.68% to 6,042.2 at the close of trade. It had earlier risen as much as 0.8% after all three major U.S. indexes booked gains overnight on a surprise profit from Disney and hopes for a new coronavirus relief package. The benchmark pulled back slightly after the domestic government hiked its unemployment forecast due to the reimposition of restrictions in the country’s second-most populous state of Victoria. “The market is still benefiting from the afterglow of the Wall Street performance, but after the not-so-good domestic news it is jus [Read more]
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