Fri, 18 Oct 2019

Aussie stocks advance, euro inches higher

Lola Evans
10 Jul 2019, 18:15 GMT+10

SYDNEY, Australia - The Australian All Ordinaries managed a gain on Wednesday, despite a gloomy day elsewhere in the region.

In China stocks continued to sink, while in Japan bourses were also weaker.

At the close of trading Wednesday, the Nikkei 225 in Tokyo was down 31.67 points or 0.15% at 21,533.48.

The Australian All Ords finished 27.60 points or 0.41% higher at 6,777.70.

In China, the Shanghai Composite eased 12.93 points or 0.44% to 2,915.30.

The U.S. dollar lost a tiny bit of ground against the euro, which firmed to 1.1214.

The Swiss franc also inched ahead to 0.9921.

The British pound however continued to buckle, it last sold at 1.2459.

The Japanese yen fell to 108.95.

The Canadian dollar was easier at 1.3129.

The Australian and New Zealand dollars were sharply weaker in Asia at 0.6911 and 0.6595 respectively.

Overnight on Wall Street, the Dow Jones industrials were down 22.65 points or 0.08% at 26,783.49.

The Standard and Poor's 500 edged up 3.68 points or 0.12% to 2,979.63.

The Nasdaq Composite advanced 43.35 points or 0.54% to 8,141.73.

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