• 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

    Written by Investing News Network
    |
    Feb. 07, 2014 11:00AM PST

    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
    Colorful lithium spodumene mineral rocks glowing fluorescent pink and purple, with text reading: 5 Top Australian Mining Stocks This Week.

    Top 5 Australian Mining Stocks This Week: Solis Minerals Charges on Brazil Lithium Acquisition

    gold and silver nuggets and rough diamond in mine

    ASX Mining Stocks: 5 Biggest Companies in 2023

    Latest News

    QIMC Announces Closing of $17.3 Million Bought Deal Offering, Including Full Exercise of Underwriter's Over-Allotment Option

    New Found Gold Closes Bought Deal Financing Including Full Exercise of Underwriters' Over-Allotment Option for Gross Proceeds of $115M

    Couloir Capital Is Pleased to Announce That It Has Initiated Research Coverage on Pinnacle Silver and Gold

    Silverco Mining Executes Definitive Agreement for the Acquisition of Nuevo Silver

    Corcel Exploration Reports Positive Results from an Induced Polarization Survey at Yuma King, Arizona

    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