Australia shares join global rally as miners bounce, CSL gains [Reuters]
CSL LTD SP/ADR (CSLLY)
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Source: Reuters
Australia shares join global rally as miners bounce, CSL gains - Reuters 3 Min Read * Major miners lift as Sino-U.S. trade war takes breather * CSL hits all-time high on record 2019 profit * CBA falls as it trades ex-dividend * Gold stocks fall as trade uncertainty eases By Nikhil Nainan Aug 14 (Reuters) - Australian shares joined a global equities rally on Wednesday as heavyweight mining stocks benefited after Washington delayed tariffs on some Chinese imports that were slated to take effect in September. The boost from the U.S. announcement overnight eclipsed a raft of unexpectely weak data from China which pointed to a further loss of economic momentum, including the weakest industrial output growth in more than 17 years. The benchmark S&P/ASX 200 index advanced as much as 0.5% in early trade, also supported by strong gains in CSL Ltd after the biotech giant reported record earnings for 2019. The market eased slightly to 6,575.10, up 6.6 points by 0150 GMT. The index closed 0.3% lo
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