The S&P/ASX 200 Index rose 22.30 points, or 0.30%, to 7,463.30 in Tuesday's trading, extending its 0.34% gain in the previous session and trading at an all-time high.
COVID-19 news update, New South Wales added 282 local infections today, while Victoria recorded 1510 infections. Meanwhile, Queensland reported two new infections.
Among stocks, Commonwealth Bank Of Australia (ASX:CBA) gained 0.14%, National Australia Bank Ltd (ASX:NAB) gained 0.21% and Westpac Banking Corp (ASX:WBC) gained 0.35%. while Santos Ltd (ASX: STO) gained 0.41%. Oil Search Ltd (ASX:OSH) added 0.45% after reporting a 12% increase in quarterly sales as the global energy crisis sent commodity prices soaring. Meanwhile, Crown Ltd (ASX:CWN) jumped 9.01 per cent on news it will retain its Melbourne casino license for the next two years even after the royal commission found the company "inappropriate". appropriate" to obtain a casino license after engaging in "illegal, dishonest, immoral and exploitative" behavior.
In the bond market, the 10-year Australian bond yield is at 1.781% while the 10-year US yield is at 1.631%.
In New Zealand, the NZX 50 gained 0.17% to 13116.
Market beats October 26: VN-Index continues to fall, securities groups are in the red
A somewhat less optimistic sentiment appeared at the beginning of today's session, VN-Index dropped more than 2 points. Market breadth was heavily skewed to the sellers and most of the industry groups were declining.
VN30-Index lost more than 8 points, with 16 decliners and only 9 gainers. Two real estate stocks PDR (HM: PDR) and KDH (HM: KDH) are dropping the most in the VN30 basket, when they fell around 2%. Other stocks such as GVR (HM:GVR), VPB (HM:VPB), TCB (HM:TCB), STB (HM:STB) and HPG (HM:HPG) though are trading at a discount, but their level is down. only about 1%. Contrary to the general trend, PLX (HM:PLX) and GAS (HM:GAS) are gaining quite well thanks to the rising price of crude oil in the world.
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