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The Australian share market has made solid gains ahead of the four-day Christmas break thanks to a surging mining and energy stocks. The market has now risen for the last seven days in a row. It's the longest winning streak1 since January. In a shorten day of trade, the All Ordinary Index has jumped 1.2%. The ASX200 Index added 1.3%. The major miners BHP Billiton and Rio Tinto were the star performers after a rebounding2 commodity prices. Energy producer Woodside also had a strong day. The banks did well and Telstra edged up. Across the region, it's a mixed session. Japan's Nikkei is trading fairly flat. US stocks are being bouncing back from a two-day steep fall at the end of last week after the US Federal Reserve raised interest rates for the first time in almost a decade. The Dow Jones jumped more than 1%.
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1
streak
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n.条理,斑纹,倾向,少许,痕迹;v.加条纹,变成条纹,奔驰,快速移动 | |
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2
rebounding
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蹦跳运动 | |
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3
inventories
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n.总结( inventory的名词复数 );细账;存货清单(或财产目录)的编制 | |
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4
investors
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n.投资者,出资者( investor的名词复数 ) | |
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