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AU Evening Wrap: Australia Shares Slip 0.3% as Commodity Stocks Fall
ASX 200 closed 0.3% lower at 7700.3, slipping to a fourth decline in five sessions on continued weakness in commodity stocks.
AU Evening Wrap: Australia Shares Fall 0.3%, Notch Weekly Decline
Australian shares fall 0.3% on Friday, with the benchmark index experiencing a 1.7% decline over the week due to losses in iron-ore, lithium, and oil stocks.
After the Bank of Japan's meeting, there will be a sharper move towards normalization.
The Nikkei average rebounded for the first time in three days, closing at 38,814.56 yen (+94.09 yen) with a volume of approximately 2.15 billion shares traded. In the morning, due to the anticipation of the Bank of Japan's monetary policy decision, the buying was on hold, and the Nikkei average started to decline. It fell to the level of 38,554.75 yen during the first half of the morning session. After that, the market showed indecisive movement. Following the announcement of the Bank of Japan's meeting results after 12:20 p.m., the yen depreciated to the 158-yen level against the U.S. dollar.
Canadian Solar Opens 5 GW Module Assembly Plant in Texas
Canadian Solar (NASDAQ:CSIQ) said Thursday it opened its 5 GW factory for assembling TOPCon photovoltaic modules in Mesquite, Texas, with the capacity to manufacture ~20K PV modules per day with a 1,500-strong workforce.
AU Evening Wrap: Australia Shares Rise 0.4% as Unemployment Rate Falls
Australia shares rise 0.4% as unemployment rate falls. Nine out of eleven sectors finished higher, with tech and healthcare leading the way.
AU Morning Wrap: ASX Opens Higher Before Jobs Data; Sigma Falls
ASX opens higher before jobs data; Sigma falls. Stocks to watch: ASX; Sigma.