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Australia: Banks, miners keep ASX in the green

Affiliate: Sparkassen and Comrades Want to perform at Schufa Prepublication right

 Affiliate: Sparkassen and Comrades Want to perform at Schufa Prepublication right The joint acquisition of a ten-percent share of Société Générale would thwart the entry of the Financial Investor EQT at the Schufa for the time being. © DPA The Schufa is highly red-tabled with an annual turnover of more than 200 million euros and an operational margin of just under a third. The German savings banks and cooperative banks want to increase financial circles their share of economic information Schufa .

Australian shares were treading water by noon on the penultimate trading session for the year, with modest gains in banking and mining shares keeping the indices in positive territory.

Australian shares have been mixed amid thin trading volumes. © Dan Himbrechts/AAP PHOTOS Australian shares have been mixed amid thin trading volumes.

The benchmark S&P/ASX200 index was up just 3.2 points, or 0.04 per cent, to 7513 points at 1200 AEDT on Thursday.

The All Ordinaries index rose 0.6 points, or 0.01 per cent, to 7840.9 points.

Local investors took their cue from listless trading across the Asia-Pacific markets, with sentiment subdued by surging case numbers of the Omicron coronavirus variant, even as many countries chose to relax rules to try and limit the economic damage.

‘Very little chance of survival’ for missing miners in Myanmar

  ‘Very little chance of survival’ for missing miners in Myanmar At least 25 people were hospitalised, while 50 remain missing following a landslide at a jade mining site in Hpakant.“It is so difficult to estimate how many were missing, but we estimate at least 50 missing and they have very little chance of survival,” said Pyae Nyein, captain of Hpakant Township’s fire department, told Reuters news agency.

Australia's major states again reported record-setting numbers. NSW reported 12,226 new cases, Victoria had 5137 infections and 13 deaths, and Queensland hit a record 2222 cases.

The local market saw some profit taking in health care, consumer and energy shares amid thin trading volumes.

Materials and financials were the only major sectors trading in the green.

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Three of the four major banks were trading between 0.2 and 0.5 per cent higher, with ANZ slipping 0.25 per cent lower to $27.81.

Magellan Financial continued its recovery from a slide last week, rising another 2.6 per cent to $21.50.

Among the big iron ore miners, BHP and Rio Tinto were up more than 1.0 per cent each while Fortescue was 0.1 per cent lower at $19.24.

Dozens killed in gold mine collapse in Sudan

  Dozens killed in gold mine collapse in Sudan At least eight injured people taken to local hospital after shafts collapsed at the Darsaya mine in West Kordofan.Sudanese Mineral Resources Company Limited said in a statement posted on Facebook on Tuesday that the collapse of the closed, non-functioning mine took place in the village of Fuja, in En Nahud locality, some 700km (435 miles) south of the capital, Khartoum. It said there were at least 31 deaths and also injuries, without giving a specific tally. Later reports put the death toll at 38.

Lithium producer Pilbara Minerals continued its upward march, rising 2.25 per cent to $3.25, but safe-haven gold explorers turned weaker as risk appetite returned for investors.

Shares in Bega Cheese rose 2.4 per cent to $5.46 after news that billionaire Andrew Forrest's private investment group Tattarang has acquired a 6.6 per cent stake in the Vegemite and Farmers Union owner.

Among the major losers, pipeline giant APA Group's shares were down more than 3 per cent to $10.11, Telstra edged lower to $4.18, while buy now pay later lender Afterpay continued to drop, down 2.6 per cent to $82.88.

Travel-related shares were weaker amid the rising number of virus cases. Qantas, Flight Centre and Sydney Airport were each down between 0.1 and 0.4 per cent.

Meanwhile, the Australian dollar was higher, buying 72.55 US cents at 1200 AEDT, compared to 72.31 US cents at Wednesday's close.

Katie Holmes bundles up in a chic ivory coat after the NYC snowfall .
Katie Holmes stayed warm as she stepped out in New York City after the metropolis experienced its first snowfall of the season. She bundled up in a chic ivory coat on Saturday.The 43-year-old actress bundled up in a chic long ivory coat which she buttoned over a crisp white dress shirt.

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