
S&P/ASX 200 (XJO) morning report, ASX 200 futures lower
The S&P/ASX 200 (INDEXASX: XJO) is expected to open lower on Thursday, with ASX 200 futures pointing lower. Redbubble (ASX:RBL) was deep red on Wednesday.
Warren Munger

The S&P/ASX 200 (INDEXASX: XJO) is expected to open lower on Thursday, with ASX 200 futures pointing lower. Redbubble (ASX:RBL) was deep red on Wednesday.

The S&P/ASX200 (INDEXASX: XJO) rose 0.3% on Wednesday as the Megaport Ltd (ASX: MP1) share price dived and Pilbara Minerals Ltd (ASX:PLS) share price rises.

A strong lead-in from Wall Street gave solid impetus to the Australian market on Tuesday, and the result was a lift of 114.8 points, or 1.7 per cent, in the benchmark S&P/ASX 200 (INDEXASX: XJO) Index, to 6779.2; while the broader S&P/ASX All Ordinaries (ASX: XAO) index added 121.9 points, or 1.8 per cent, to 6976.2. The ASX 200 is off to a positive start on Wednesday morning.

The S&P/ASX 200 (INDEXASX:XJO) turned up again on Tuesday, led by the resources like BHP Group Ltd (ASX:BHP) and Rio Tinto (ASX:RIO) shares.

S&P/ASX200 (INDEXASX:XJO) closed down 1.2 per cent on Tuesday but the Altium Limited (ASX:ALU) share price took flight on impressive results.

The S&P/ASX 200 (INDEXASX:XJO) was mostly flat on Tuesday. ASX tech shares like WiseTech (ASX:WTC) led the ASX 200 higher on Monday.

On Wednesday the benchmark S&P/ASX 200 (INDEX: XJO) had shed 34.8 points, or 0.52 per cent, to 6,594.5, while the broader All Ordinaries (ASX: XAO) surrendered 33.8 points, or 0.5 per cent, to 6,784.3.

RBA interest rates helped the S&P/ASX 200 (INDEXASX:XJO) end higher on Tuesday as ANZ Banking Group (ASX:ANZ), National Australia Bank (ASX: NAB), Commonwealth Bank of Australia (ASX: CBA), and Westpac Banking Group (ASX: WBC) were in focus.

The S&P/ASX 200 (INDEXASX:XJO) shed 0.7% on Thursday as the Appen (ASX:APX) share price made headlines on takeover news.
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