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Stock impact report

Australian shares gain after strong U.S. jobs rally, NZ down [Reuters (UK)]

BHP Billiton (BHP)  More Company Research Source: Reuters
US:NYSE Investor Relations: bhp.com/investor-centre
PDF Australian shares gain after strong U.S. jobs rally, NZ down - Reuters 3 Min Read (Updates to close) Dec 9 (Reuters) - Australian shares advanced on Monday led by a Wall Street rally after solid U.S. jobs data, while commodity stocks cheered better-than-expected import data from China, the biggest buyer of the country’s resource exports. The S&P/ASX 200 index extended gains for a third straight session, closing 0.3%, or 23 points, higher at 6,730. U.S. equities jumped on Friday after data showing strong jobs growth in the world’s largest economy eased fears of a slowdown. While weak Chinese November export data released on the weekend tempered some of the momentum for global equities on Monday, an unexpected rise in imports pointed to firming domestic demand. Domestic producers of iron ore, the nation’s biggest export, gained the most on Australia’s mining index, which itself rose 1.3%. Top iron ore miners BHP Group, Rio Tinto and Fortescue Metals Group added between 1.7% and 3.4%. A [Read more]
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