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ASX Today: ASX 200 reaches new highs, nears 7000 points

On the Australian market this morning, the ASX 200 has reached new highs as it edges towards 7000 points. The All Ords has also opened higher, sitting just above 30 per cent in the green.

The ASX Sectors

Most ASX sectors are trading higher, with the standouts being Health Care and Industrials.

In Health Care, the top five market caps have recorded share price growth. The number one market cap in the sector, Global biotech company CSL, is up 0.61 per cent at $298.31 per share, now trading almost within $1 of its all time high.

In descending order by market cap, health care providers Ramsay Healthcare and Sonic Health care are up 0.58 per cent and 0.51 per cent respectively. Medical manufacturers Cochlear and Fisher and Paykel Healthcare are trading 0.68 per cent and 1.29 per cent in the green respectively.

The Industrials sector is being boosted by road operator Transurban, which has seen almost a 0.5 per cent increase, brining the company's share price to $15.70 each. Other large-cap Sydney Airport is up by a similar amount, and trading for $9.02 per share.

The sectors trading at a loss on the ASX are Consumer Staples and Communications.

Super market giants Woolwoorths and Coles are dragging down the Consumer Staples sector, each down nearly one per cent.

Carsales.com has dipped almost two per cent today, now trading for $17.85 per share and making a dent in the Communications sector. Major real estate group REA has taken a slight dip, bringing its share price to $111.06 each.

Mining and Banking

Australian mining giants Rio Tinto and BHP are not one in the same today. Trading at a loss is Rio, down 0.18 per cent to $103.78 per share, while BHP is in the green, up 0.41 per cent and trading for $40.22 each.

All of the Big Four are trading higher today. Commonwealth Bank is the best performer, up 0.41 per cent and selling shares for $83.51 each. Westpac is up 0.41 per cent, NAB has seen a 0.28 per cent increase and ANZ a slight boost of 0.04 per cent.

Looking overseas

Overnight is the U.S. the Dow Jones closed 32.62 higher, however, the S&P 500 and Nasdaq both closed 0.15 per cent and 0.24 per cent in the red respectively.

Across Asia this morning the markets are overall taking a hit. The Asia Dow is down just over half a per cent, Japan's Nikkei 225 is down 0.33 per cent and Hong Kong's Hang Seng is down 0.43 per cent.

In Europe, the Tuesday's trade mostly saw growth across the markets. Italy's FTSE MIB closed 31.62 points higher, Germany's DAX is up 4.97 points and London's FTSE 100 is up 4.75 points.

Currency

The Australian dollar is slightly down across the board. One Australian dollar is currently worth 69 U.S. cents, 53 pence, and 62 Euro cents.


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