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Stock impact report

Australia shares track key commodities higher; NZ gains [Reuters (UK)]

James Hardie Industries plc American Depositary Shares (Ireland) (JHX) 
US:NYSE Investor Relations: ir.jameshardie.com.au/jh/home.jsp
Company Research Source: Reuters
Australia shares track key commodities higher; NZ gains | Reuters Reuters Staff 3 Min Read * Energy and materials benefit from higher oil, iron ore prices * James Hardie Industries zooms after quarterly results * Global bond sell-off hurts property shares (Updates to close) Feb 2 (Reuters) - Australian shares ticked up on Friday as energy and materials stocks firmed on higher oil and iron ore prices. The S&P/ASX 200 index rose 0.5 percent or 31.3 points to 6,121.4. The benchmark added 0.9 percent on Thursday and ended the week 1.2 percent higher. Energy stocks gained on Friday, with the energy index ending at its highest in three weeks. Oil rose for a third day on Friday after a survey showed strong compliance with output cuts by OPEC and others including Russia, offsetting concerns about surging U.S. production. Energy major Santos Ltd gained 4.3 percent, the highest in more than two weeks. Materials stocks headed higher as the most-traded May iron ore contract on the Dalian Commodit Show less Read more
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