5663p -92.0 -1.6%
Last Trade - 09/04/21
Market Cap | £91.68bn |
Enterprise Value | £95.65bn |
Revenue | £32.54bn |
Position in Universe | 14th / 1817 |
* Benchmark rises almost 2% * Tech stocks gain after 4 days * Mercury NZ top gainer on NZ index By Aditya Munjuluru March 8 (Reuters) - Australian shares rose sharply on Monday and were set for their best day in two months after the U.S. Senate passed a $1.9 trillion COVID-19 relief plan, while last week's upbeat U.S. jobs data also supported sentiment. The S&P/ASX 200 index .AXJO advanced as much as 1.8% to 6,830.7 by 2240 GMT. The benchmark ended 0.7% lower on Friday. The U.S. Senate on Saturday passed President Joe Biden's COVID-19 relief plan, one of the largest stimulus bills in U.S. history, a day after data showed that the U.S. economy created more jobs than expected in February. urn:newsml:reuters.com:*:nL2N2L403Q urn:newsml:reuters.com:*:nL2N2L23EI Over the weekend, Australia also started vaccinating its citizens against the coronavirus with AstraZeneca's AZN.L vaccine. Inoculation with the Pfizer/BioNTech vaccine had started in February. urn:newsml:reuters.com:*:nL1N2L500X Among individual sectors, mining stocks .AXMM gained as much as 2.8%, with BHP BHP.AX and Rio Tinto RIO.AX firming 3.4% and 3%, respectively. Technology stocks .AXIJ rose as much as 2.7%, snapping four straight sessions of losses. Buy now, pay later firm Afterpay APT.AX advanced up to 4.6%, while Appen APX.AX gained as much as 3.8%. Financial stocks .AXFJ rose 1.5% to hit an over one-week high. The "Big Four" banks rose between 1.2% and 1.9%. Top performers in the financial sector were Janus Henderson Group JHG.AX and IOOF Holdings IFL.AX , gaining 4.7% and 3.1%, respectively. Energy stocks .AXEJ rose nearly 2% to a 10-week high, tracking a jump in oil prices. Oil Search OSH.AX advanced 4.3%, while Beach Energy BPT.AX firmed 3.8%. In New Zealand, the benchmark S&P/NZX 50 index .NZ50 was 1.3% higher at 12,334.3. The top percentage gainers on the index were Mercury NZ MCY.NZ and Synlait Milk SML.NZ , up 3.7% and 2.9%, respectively. (Reporting by Aditya Munjuluru; Editing by Aditya Soni) ((aditya.srivastsav@thomsonreuters.com; 080 61822719;)) ((For more information on DIARIES & DATA: U.S. earnings diary RESF/US Wall Street Week Ahead .N/O Global Economy Week Ahead DATA/ ................................................................ For latest top breaking news across all markets NEWS1 ))