ASX closes flat: Energy surges over 2%

Market Reports

by Peter Milios

Aus shares closed flat, while Santos' NT gas project received the green light. Super Retail rallied on on a $2 billion sales update. At the closing bell, the S&P/ASX 200 was 0.03 per cent lower at 7,496.30.FuturesThe Dow Jones futures are pointing to a rise of 23 points.The S&P 500 futures are pointing to a rise of 1.5 points.The Nasdaq futures are pointing to a rise of 20.5 points.The SPI futures are up 7 points.Best and worst performers The best-performing sector was Energy, up 2.11 per cent. The worst-performing sector was Materials, down 0.81 per cent.The best-performing large cap was Santos (ASX:STO), closing 3.71 per cent higher at $7.83. It was followed by shares in JB Hi-Fi (ASX:JBH) and Ampol (ASX:ALD).The worst-performing large cap was IGO (ASX:IGO), closing 5.83 per cent lower at $7.59. It was followed by shares in Pilbara Minerals (ASX:PLS) and Qantas Airways (ASX:QAN).Asian marketsJapan's Nikkei has gained 0.99 per cent.Hong Kong's Hang Seng has lost 0.26 per cent.China's Shanghai Composite has gained 0.02 per cent.Commodities and the dollarGold is trading at US$2,057.50 an ounce.Iron ore is 3.4 per cent lower at US$131.20 a tonne.Iron ore futures are pointing to a 1 per cent fall.Light crude is trading $0.11 higher at US$72.79 a barrel.One Australian dollar is buying 66.93 US cents.

Peter Milios

Peter Milios is a recent graduate from the University of Technology - majoring in Finance and Accounting. Peter is currently working under equity research analyst Di Brookman for Corporate Connect Research.

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