US stocks closed flat overnight after a weaker-than-expected survey on consumer confidence. The Conference Board reported its confidence index fell to 46.6 from 49.3 in June, primarily due to a worsening job market.
Wall Street posted a strong gain overnight with Dow index jumped above 9000 points mark for the first time since January. The market was bolstered by upbeat housing data and favourable corporate earnings.
Nomura (TYO:8604), the leading global investment bank headquartered in Japan, launched its Saudi Arabia operation following the receipt of its commencement letter from Saudi Arabia's Capital Market Authority (CMA), to undertake a range of securities businesses in the Kingdom.
Yesterday, the Australian share market closed higher on the back of stronger commodity prices. The benchmark S&P/ASX200 index rose 49 points, or 1.29 per cent, at 3856, while the broader-based All Ordinaries index gained 49.3 points, or 1.3 per cent, to 3851.5 points.
Yesterday, the Australian market slumped for the third consecutive session as investors locked in gains from recent rallies. The benchmark S&P/ASX200 index was 58.4 points, or 1.47 per cent lower, at 3,904.1 points, while the broader All Ordinaries index fell 53.7 points, or 1.36 per cent, at 3,904.2 points.
The Australian shares closed lower as weaker commodities prices weighed on the resources sector. The benchmark S&P/ASX200 index fell 30.5 points, or 0.75 per cent, at 4031.7 points, while the broader All Ordinaries index shed 31.1 points, or 0.77 per cent, to 4030.4 points.
Yesterday the Australian share market ended lower. The benchmark S&P/ASX200 fell 36.3 points yesterday, or 0.91 per cent, at 3934.9, while the broader All Ordinaries was down 35.4 points, or 0.89 per cent, to 3933.6. Overnight the stronger commodities prices in New York may boost the local market today.
