• Australian market trading sharply higher; Energy, materials stocks surge

    The Australian stock market opened on a firm note on Friday with investors picking up cues from Wall Street and taking positions in energy, materials and financial stocks with renewed enthusiasm. Consumer staples, utilities and industrials are also trading firm.
  • Asian markets in a sea of red on weak cues from Wall Street

    RTTNews - Dismal U.S. retail sales data dealt a severe blow to hopes of a quick global economic recovery and sent stock prices crashing down on Wall Street on Wednesday. Taking cues, markets across the Asia-Pacific region nose-dived on Thursday, with some key indices plunging to their 2-week lows. Investors across the region opted for the sell button the moment trading commenced this morning, and ...