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Showing posts with the label CNBC | U.Markets.

CNBC | Asia Europe and U.S. Stock Markets Report on May 1, 2018.

                                                                             ASIA dollar moves, RBA decision and oil in focus Saheli Roy Choudhury Markets in Australia and Japan traded mostly higher on Tuesday while many Asian markets were shut for a public holiday. The session in Asia followed a decline in U.S. stocks amid a pullback in the telecommunications sector. Australia's ASX 200 rose 32.5 points, or 0.54 percent, to 6,015.20, with the heavily weighted financial sector gaining 1.37 percent. Major banking names gained more than 1 percent each. Shares of ANZ rose 2.35 percent, Commonwealth Bank was up 1.88 percent, Westpac increased by 1.43 percent and the National Australia Bank added 1.73 percent. ANZ reported a rise in first-half profits that beat market expectations. The bank said its cash profit from continuing operations rose 4 percent to 3.49 billion Australian dollars for the six months to Mar. 31, compared to