AIRLINK 195.40 Increased By ▲ 3.56 (1.86%)
BOP 10.19 Increased By ▲ 0.32 (3.24%)
CNERGY 7.85 Increased By ▲ 0.18 (2.35%)
FCCL 38.40 Increased By ▲ 0.54 (1.43%)
FFL 15.91 Increased By ▲ 0.15 (0.95%)
FLYNG 25.50 Increased By ▲ 0.19 (0.75%)
HUBC 131.35 Increased By ▲ 1.18 (0.91%)
HUMNL 13.93 Increased By ▲ 0.34 (2.5%)
KEL 4.67 No Change ▼ 0.00 (0%)
KOSM 6.32 Increased By ▲ 0.11 (1.77%)
MLCF 45.35 Increased By ▲ 1.06 (2.39%)
OGDC 210.60 Increased By ▲ 3.73 (1.8%)
PACE 6.69 Increased By ▲ 0.13 (1.98%)
PAEL 41.33 Increased By ▲ 0.78 (1.92%)
PIAHCLA 17.83 Increased By ▲ 0.24 (1.36%)
PIBTL 8.12 Increased By ▲ 0.05 (0.62%)
POWER 9.35 Increased By ▲ 0.11 (1.19%)
PPL 181.51 Increased By ▲ 2.95 (1.65%)
PRL 40.35 Increased By ▲ 1.27 (3.25%)
PTC 24.60 Increased By ▲ 0.46 (1.91%)
SEARL 111.20 Increased By ▲ 3.35 (3.11%)
SILK 0.98 Increased By ▲ 0.01 (1.03%)
SSGC 38.60 Decreased By ▼ -0.51 (-1.3%)
SYM 19.18 Increased By ▲ 0.06 (0.31%)
TELE 8.70 Increased By ▲ 0.10 (1.16%)
TPLP 12.43 Increased By ▲ 0.06 (0.49%)
TRG 66.40 Increased By ▲ 0.39 (0.59%)
WAVESAPP 12.51 Decreased By ▼ -0.27 (-2.11%)
WTL 1.69 Decreased By ▼ -0.01 (-0.59%)
YOUW 3.94 Decreased By ▼ -0.01 (-0.25%)
BR100 12,079 Increased By 148.7 (1.25%)
BR30 36,124 Increased By 464.7 (1.3%)
KSE100 114,739 Increased By 1532.2 (1.35%)
KSE30 36,064 Increased By 498.4 (1.4%)

Australian shares edged lower in early trade on Friday, with broad weakness among the big banks offsetting gains by the country's export-focused healthcare stocks, including biotech major CSL Ltd.

The benchmark ASX 200 index dipped 0.1% to 7,421.9 within the first hour of trade in low volumes. The index is set to post a fourth weekly rise if its minor gains hold.

CSL, one of Australia's largest companies, rose 1.5%, while the country's "Big Four" banks fell between 0.4% and 0.9%.

ResMed's local shares jumped around 6% after its first quarter earnings beat estimates.

Macquarie beat expectations with a record first half profit - more than double the previous year's - powered by volatile commodity markets, though its shares were halted ahead of a A$1.5 billion placement.

Westpac Banking Corp on Monday will report full year results, after Australia and New Zealand Banking Group kicked things off on Thursday.

Australia's central bank on Friday again declined to defend its 0.1% 2024 bond yield target, reinforcing expectations that the central bank would announce some revision of the target at its November policy meeting next week.

New Zealand's benchmark NZX 50 index rose over 0.3% to 13,011.21 points with diary producer a2 Milk firming around 3%.

Elsewhere, Japan's Nikkei was up 0.12% and S&P 500 E-minis futures were down 0.27%.

Comments

Comments are closed.