IG Markets Ltd. 分析师Hebe Chen表示：“全球和澳大利亚经济的惊人复苏巩固了投资者对澳大利亚股票的信心。此外，由于各种原因，近期盈利动态大多超出预期，因此市场攀升的势头现在感觉是合理的。”The Australian stock market is currently experiencing its longest continuous uptrend in nearly nine years, and with the benchmark index approaching historic highs, the upward trend appears to continue.
The Australian stock market is currently experiencing its longest continuous uptrend in nearly nine years, and with the benchmark index approaching historic highs, the upward trend appears to continue.
The S&P/ASX 200 index has been rising for nine consecutive days, marking its best performance since December 2015. As more signs suggest that the Federal Reserve will cut interest rates next month, Wall Street stocks rose and futures prices rose on Thursday, indicating that the index is likely to continue to rise.
IG Markets Ltd. analyst Hebe Chen said: "The remarkable recovery of the global and Australian economies has bolstered investors' confidence in Australian stocks. In addition, recent earnings dynamics have exceeded expectations for various reasons, so the current momentum of the market's climb feels reasonable."
Better-than-expected reports from local banks and technology companies, coupled with a moderate rebound in mining stocks, have supported the Australian benchmark index. The earnings reports from BHP Group Ltd. and Fortescue Ltd. next week will be key points to watch, as well as whether iron ore prices will continue to decline.
