Australia stocks rise as miners and healthcare rally
Australian shares rose 31 points, or 0.4%, to 9,085 in Thursday morning trade, snapping a six-session losing streak as miners and healthcare led gains while major banks fell.
S. equity futures firmed after Wall Street ended its three-day slide amid easing Treasury yields. Local markets emerged from a two-week low as bargain hunters set in. In China, the central bank left lending benchmarks unchanged for a 15th month, keeping one- and five-year LPRs at record lows to bolster growth.
Domestic data, however, dampened sentiment with July employment unexpectedly falling and the jobless rate climbing to a three-month high. 2%), CSL Ltd. 9%), and Northern Star Resources. 2%.