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Stock impact report

Australian shares track Wall Street gains; NZ up [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
Australian shares track Wall Street gains; NZ up | Reuters 2 Min Read Nov 17 (Reuters) - Australian shares were higher on Friday, tracking strong earnings-driven gains on Wall Street and led by financial and energy stocks. The S&P/ASX 200 index climbed 0.3 percent or 14.789 points to 5,957.3 by 0102 GMT. The benchmark rose 0.2 percent on Thursday. James McGlew, executive director of corporate stock broking for Argonaut, said risk appetite appears to be returning to the U.S. market with the Dow Jones Industrial Average Index on its way towards the 24,000 mark. Australia’s financial sector led the gains on the index with the country’s ‘Big Four’ banks rising as much as 0.4 percent, tracking the S&P Financial index rise on Wall Street. In the energy sector, Santos Ltd and Whitehaven Coal Ltd climbed as much as 3.8 percent and 3.5 percent, respectively. Santos on Thursday said it had rejected a A$9.5 billion ($7.2 billion) takeover approach in August, sending its shares up 13 percent on s Show less Read more
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