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ASX 200 Midday Wrap

Posted by Billy Macris on 04-Jan-2018 12:14:00
The ASX 200 is currently +0.16% or +9.80 points at 6080.20 after a strong open following on from a positive lead in the U.S overnight whichsaw new highs posted and a strong move hgher in technology stocks.  Results locally so far are mixed this morning among  both the banks and big resource stocks with BHP +0.70% and RIO -0.35%. One of the headline grabbers from this morning was the news that  Australia's medicinal cannabis sector had won approval to begin exports. Key beneficiaries included THC +18.88% CAN +27.43% and CPH 15.58%. The Aussie Dollar is currently trading at 0.7819, spot gold is at  USD $1308.15 per ounce and bitcoin is at $15050 USD.

Topics: Trading, Market News, Bitcoin