|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's Range||3.5290 - 3.5290|
|52 Week Range||1.6500 - 6.1500|
|Beta (5Y Monthly)||2.36|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.04 (1.22%)|
|Ex-Dividend Date||Aug 25, 2020|
|1y Target Est||N/A|
Australian shares gained more than 1% on Wednesday, tracking an overnight tech-led rebound on Wall Street, while easing border restrictions due to dwindling COVID-19 cases in Queensland and New South Wales also helped boost investor sentiment. Major Wall Street indexes Dow Jones Industrial Average , S&P 500 and Nasdaq all finished the previous session on a stronger note, led by a jump in Amazon following a stock upgrade to "outperform" by brokerage Bernstein. Market sentiment was also supported by the Reserve Bank of Australia's indication of it assessing various monetary policy options to support the country's economic recovery.
Australian shares rose on Tuesday by their most in two weeks, as a tech-led overnight rally on Wall Street and upbeat U.S. data helped investors look past dour domestic retail sales print and a central bank prediction the economic recovery would be bumpy. "The strong data from the U.S. following positive Chinese data earlier on Monday reaffirmed that the global economic recovery was still in place," said Kyle Rodda, market analyst for IG Australia. Meanwhile, the Reserve Bank of Australia left its cash rate at a record low of 0.25% and predicted a bumpy road to economic recovery, as the country's second-largest state Victoria remained in a virus-led lockdown.
Australian shares rose 2% on Tuesday to notch their best intraday session in two weeks after a tech-led overnight rally on Wall Street and strong manufacturing data from leading economies bolstered risk appetite. The tech-heavy Nasdaq Composite finished at an all-time high overnight as U.S. tech giant Microsoft Corp's pursuit of Chinese-owned TikTok's U.S. operations lifted sentiment. Investors also placed bets on further U.S. stimulus as Congressional Democrats and White House negotiators said they had made progress in discussions over a coronavirus relief bill.