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2021-03-09
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Australia shares gain on hopes of swift passage for U.S. stimulus; tech stocks slide
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The benchmark ended 0.4% higher on Monday.</p>\n<p>The U.S. technology-related shares were sold off overnight that pushed the Nasdaq into a correction, falling more than 10% from its Feb. 12 record high.</p>\n<p>Investors are awaiting a quick passage of President Joe Biden's coronavirus stimulus bill by the Democrat-controlled House of Representatives, as it would boost liquidity into the markets.</p>\n<p>Australian tech stocks fell as much as 3.1% to a five-month low. Buy now, pay later firm Afterpay dropped as much as 8.7%, while <a href=\"https://laohu8.com/S/XRO.AU\">Xero</a> lost 4.8%.</p>\n<p>Gold stocks fell 1.9% as higher yields pushed bullion prices to a nine-month low. <a href=\"https://laohu8.com/S/BGL.AU\">Bellevue Gold</a> gave up 5.2%, while Chalice Mining fell 3.9%.</p>\n<p>On the other hand, financial stocks rose as much as 1.6%, with the \"Big Four\" banks gaining between 1.5% and 2.1%.</p>\n<p>Perpetual Ltd advanced 3.4% and <a href=\"https://laohu8.com/S/MQG.AU\">Macquarie</a> Group gained 2.5% to become the top performers on the sub-index.</p>\n<p>Fibre network owner <a href=\"https://laohu8.com/S/VOC.AU\">Vocus Group</a> jumped 8.6% to top the benchmark index after it agreed to a scheme implementation deed with Macquarie Infrastructure and Real Assets <a href=\"https://laohu8.com/S/MIRA.UK\">$(MIRA.UK)$</a> and pension fund Aware Super.</p>\n<p>Sentiment was also boosted after data showed that a measure of Australian business confidence rose to decade highs in February.</p>\n<p>In New Zealand, the benchmark S&P/NZX 50 index was up 0.1% at 12,099.46.</p>\n<p>New Zealand Prime Minister Jacinda Ardern on Monday said the country will buy additional COVID-19 vaccines developed by Pfizer and Germany's BioNTech , which will be enough to vaccinate the whole country.</p>\n<p>($1 = 1.3062 Australian dollars)</p>\n<p>(Reporting by Aditya Munjuluru; Editing by Rashmi Aich)</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Australia shares gain on hopes of swift passage for U.S. stimulus; tech stocks slide</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAustralia shares gain on hopes of swift passage for U.S. stimulus; tech stocks slide\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-03-09 09:11</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<ul>\n <li>Vocus shares hits highest level since Nov 2016</li>\n <li>NZ to buy enough Pfizer COVID-19 vaccines for entire population</li>\n</ul>\n<p>March 9 (Reuters) - Australian shares rose on Tuesday, buoyed by hopes of a swift passage of a $1.9 trillion stimulus package by the U.S. Congress, while tech stocks slid for the sixth straight session tracking overnight correction in Wall Street peers.</p>\n<p>The S&P/ASX 200 index gained 0.8% to 6,791.3 by 2250 GMT. The benchmark ended 0.4% higher on Monday.</p>\n<p>The U.S. technology-related shares were sold off overnight that pushed the Nasdaq into a correction, falling more than 10% from its Feb. 12 record high.</p>\n<p>Investors are awaiting a quick passage of President Joe Biden's coronavirus stimulus bill by the Democrat-controlled House of Representatives, as it would boost liquidity into the markets.</p>\n<p>Australian tech stocks fell as much as 3.1% to a five-month low. Buy now, pay later firm Afterpay dropped as much as 8.7%, while <a href=\"https://laohu8.com/S/XRO.AU\">Xero</a> lost 4.8%.</p>\n<p>Gold stocks fell 1.9% as higher yields pushed bullion prices to a nine-month low. <a href=\"https://laohu8.com/S/BGL.AU\">Bellevue Gold</a> gave up 5.2%, while Chalice Mining fell 3.9%.</p>\n<p>On the other hand, financial stocks rose as much as 1.6%, with the \"Big Four\" banks gaining between 1.5% and 2.1%.</p>\n<p>Perpetual Ltd advanced 3.4% and <a href=\"https://laohu8.com/S/MQG.AU\">Macquarie</a> Group gained 2.5% to become the top performers on the sub-index.</p>\n<p>Fibre network owner <a href=\"https://laohu8.com/S/VOC.AU\">Vocus Group</a> jumped 8.6% to top the benchmark index after it agreed to a scheme implementation deed with Macquarie Infrastructure and Real Assets <a href=\"https://laohu8.com/S/MIRA.UK\">$(MIRA.UK)$</a> and pension fund Aware Super.</p>\n<p>Sentiment was also boosted after data showed that a measure of Australian business confidence rose to decade highs in February.</p>\n<p>In New Zealand, the benchmark S&P/NZX 50 index was up 0.1% at 12,099.46.</p>\n<p>New Zealand Prime Minister Jacinda Ardern on Monday said the country will buy additional COVID-19 vaccines developed by Pfizer and Germany's BioNTech , which will be enough to vaccinate the whole country.</p>\n<p>($1 = 1.3062 Australian dollars)</p>\n<p>(Reporting by Aditya Munjuluru; Editing by Rashmi Aich)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2118690903","content_text":"Vocus shares hits highest level since Nov 2016\nNZ to buy enough Pfizer COVID-19 vaccines for entire population\n\nMarch 9 (Reuters) - Australian shares rose on Tuesday, buoyed by hopes of a swift passage of a $1.9 trillion stimulus package by the U.S. Congress, while tech stocks slid for the sixth straight session tracking overnight correction in Wall Street peers.\nThe S&P/ASX 200 index gained 0.8% to 6,791.3 by 2250 GMT. The benchmark ended 0.4% higher on Monday.\nThe U.S. technology-related shares were sold off overnight that pushed the Nasdaq into a correction, falling more than 10% from its Feb. 12 record high.\nInvestors are awaiting a quick passage of President Joe Biden's coronavirus stimulus bill by the Democrat-controlled House of Representatives, as it would boost liquidity into the markets.\nAustralian tech stocks fell as much as 3.1% to a five-month low. Buy now, pay later firm Afterpay dropped as much as 8.7%, while Xero lost 4.8%.\nGold stocks fell 1.9% as higher yields pushed bullion prices to a nine-month low. Bellevue Gold gave up 5.2%, while Chalice Mining fell 3.9%.\nOn the other hand, financial stocks rose as much as 1.6%, with the \"Big Four\" banks gaining between 1.5% and 2.1%.\nPerpetual Ltd advanced 3.4% and Macquarie Group gained 2.5% to become the top performers on the sub-index.\nFibre network owner Vocus Group jumped 8.6% to top the benchmark index after it agreed to a scheme implementation deed with Macquarie Infrastructure and Real Assets $(MIRA.UK)$ and pension fund Aware Super.\nSentiment was also boosted after data showed that a measure of Australian business confidence rose to decade highs in February.\nIn New Zealand, the benchmark S&P/NZX 50 index was up 0.1% at 12,099.46.\nNew Zealand Prime Minister Jacinda Ardern on Monday said the country will buy additional COVID-19 vaccines developed by Pfizer and Germany's BioNTech , which will be enough to vaccinate the whole country.\n($1 = 1.3062 Australian dollars)\n(Reporting by Aditya Munjuluru; Editing by Rashmi Aich)","news_type":1},"isVote":1,"tweetType":1,"viewCount":7,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":3,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/329593565"}
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