• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Minerals
    Tech
    Life Science
    Resource Market
    Resource News
    Resource Stocks
    • Resource Market
    • Resource News
    • Resource Stocks

    ASX Round-Up: ASX Rises on Positive Economic Data, Interim Results

    Investing News Network
    Feb. 07, 2014 11:00AM PST
    Resource Investing

    Today, the Australian Securities Exchange rose 35.1 points, ultimately hitting 5,166.5 points. However, the exchange lost 23.5 points, or 0.4 percent, over the course of the week.

    Today, the Australian Securities Exchange (ASX) rose 35.1 points, ultimately hitting 5,166.5 points.
    However, despite that positive move, which The Sydney Morning Herald states was caused by positive local economic data and promising interim company results, shares finished the week lower. Specifically, the ASX lost 23.5 points, or 0.4 percent, over the course of the week. The loss came on the back of the worst January performance for local stocks in four years.
    One positive performer on the ASX today was oil and gas exploration and development company Aurora Oil & Gas (ASX:AUT), which gained $1.27, or 56.11 percent, to trade at $4.09. AWE (ASX:AWE), an energy company focused on oil and gas in Australia, New Zealand, the United States and Indonesia, also gained today, rising 11.24 percent, or $0.14, to hit $1.39.
    On the losing side was Mount Gibson Iron (ASX:MGX), which declined by 1.44 percent today, sinking $0.07 to a price of $1.03. Mount Gibson mines and ships hematite iron ore in Australia.

    asx-mgxaustraliaunited-stateshematite-iron-orenew-zealandasx-aut
    The Conversation (0)

    Go Deeper

    AI Powered
    Text reading "Top 5 Australian mining stocks this week" with a tungsten periodic table of elements symbol in gold and black.

    Top Australian Mining Stocks This Week: Apollo Minerals Triples on Tungsten Exploration Permit Decision

    Gold bars with "5 Top Australian Mining Stocks This Week" text.

    Top 5 Australian Mining Stocks This Week: Waratah Shares Soar After Spur Project Drill Results

    Latest News

    Questcorp Mining Engages Contractor for Commencement of North Island Copper IP Survey

    High Grade Antimony Results from Batch Sampling Program

    Government Funding to Unlock Critical Metals Processing

    Nine Mile Metals: Advancing Copper-rich Critical Mineral Projects in Canada’s Bathurst Mining Camp

    Blue Ocean Equity Eastern Seaboard Conference Presentation

    More News

    Outlook Reports world

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Resource Investing Stocks

    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES