{"id":82294,"date":"2018-06-12T13:46:06","date_gmt":"2018-06-12T13:46:06","guid":{"rendered":"http:\/\/www.bnreport.com\/australian-shares-end-firmer-buoyed-by-consumer-sector-nz-down\/"},"modified":"2018-06-12T13:46:06","modified_gmt":"2018-06-12T13:46:06","slug":"australian-shares-end-firmer-buoyed-by-consumer-sector-nz-down","status":"publish","type":"post","link":"https:\/\/www.bnreport.com\/en\/australian-shares-end-firmer-buoyed-by-consumer-sector-nz-down\/","title":{"rendered":"Australian shares end firmer buoyed by consumer sector; NZ down"},"content":{"rendered":"

Australian shares ended higher on Tuesday propped up by strength in consumer and pharmaceutical firms and amid a positive outcome at the closely-watched US-North Korea summit.<\/p>\n

USPresident Donald Trump said "a lot of progress" had been made at his meeting with North Korean leader Kim Jong Un, fuelling hopes of a deal to end a nuclear deadlock on the Korean peninsula.<\/p>\n

The S&P\/ASX 200 index advanced 0.2 per cent or 9.2 points to 6,054.4. Australian financial markets were closed on Monday.<\/p>\n

Trump and Kim signed a "comprehensive" document following a historic summit in Singapore, setting in motion a diplomatic process that could bring lasting change to the security landscape of Northeast Asia.<\/p>\n

Only months earlier the two men had traded insults and tensions spiralled in the region over North Korea's nuclear programmes.<\/p>\n

Consumer staples were the top advancers with retail conglomerate Wesfarmers adding as much as 1.3 per cent to its best close since the stock's debut in 1984.<\/p>\n

Wesfarmers completed the sale of its loss-making UK home improvement chain Homebase, which it had bought for A$700 million in 2016 and agreed to sell for 1 pound just two years later, ending a disastrous offshore foray.<\/p>\n

Healthcare stocks, traditionally considered a safe haven in times of uncertainty, surged to a record close against the backdrop of the US-North Korea meeting.<\/p>\n

CSL Ltd was the top boost for the main board and added 1.1 per cent to an all-time closing high.<\/p>\n

Industrial stocks also helped sentiment with Sydney Airport Holdings Pty Ltd and toll-road operator Transurban Group climbing up to 3.4 per cent and 1.5 per cent , respectively.<\/p>\n

However, weakness in base metal prices sapped confidence in material stocks which led the decliners on the benchmark.<\/p>\n

Global miner Rio Tinto dropped 1.7 per cent while rival BHP Billiton Ltd fell 1.1 per cent .<\/p>\n

Rio Tinto said Jakob Stausholm will succeed Chris Lynch as chief financial officer.<\/p>\n

Across the Tasman Sea, New Zealand's benchmark S&P\/NZX 50 index closed slightly lower, down 1 point to 8,958.81. The index closed 0.2 per cent higher on Monday.<\/p>\n

Ryman Healthcare and Auckland International Airport were the top drags, down 1.6 per cent and 0.8 per cent , respectively. <\/p>\n

<\/a><\/strong> <\/a><\/p>\n

Original Article<\/a><\/p>\n

[contf]
\n[contfnew]
\n <\/p>\n

ET Markets<\/a><\/h5>\n

[contfnewc]
\n[contfnewc]<\/p>\n","protected":false},"excerpt":{"rendered":"

Australian shares ended higher on Tuesday propped up by stre..<\/p>\n","protected":false},"author":1,"featured_media":82295,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[202],"tags":[],"class_list":["post-82294","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"\nAustralian shares end firmer buoyed by consumer sector; NZ down - Business News Report<\/title>\n<meta name=\"description\" content=\"Australian shares ended higher on Tuesday propped up by stre..\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.bnreport.com\/en\/australian-shares-end-firmer-buoyed-by-consumer-sector-nz-down\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Australian shares end firmer buoyed by consumer sector; NZ down - Business News Report\" \/>\n<meta property=\"og:description\" content=\"Australian shares ended higher on Tuesday propped up by stre..\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.bnreport.com\/en\/australian-shares-end-firmer-buoyed-by-consumer-sector-nz-down\/\" \/>\n<meta property=\"og:site_name\" content=\"Business News Report\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Business-NewsReport-328225811095934\/\" \/>\n<meta property=\"article:published_time\" content=\"2018-06-12T13:46:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.bnreport.com\/wp-content\/uploads\/2018\/06\/photo-6.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1070\" \/>\n\t<meta property=\"og:image:height\" content=\"580\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"infopal11\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@BNReport\" \/>\n<meta name=\"twitter:site\" content=\"@BNReport\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"infopal11\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/australian-shares-end-firmer-buoyed-by-consumer-sector-nz-down\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/australian-shares-end-firmer-buoyed-by-consumer-sector-nz-down\\\/\"},\"author\":{\"name\":\"infopal11\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#\\\/schema\\\/person\\\/19d1c5a2dd7f60584a09de4a7805d68f\"},\"headline\":\"Australian shares end firmer buoyed by consumer sector; NZ down\",\"datePublished\":\"2018-06-12T13:46:06+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/australian-shares-end-firmer-buoyed-by-consumer-sector-nz-down\\\/\"},\"wordCount\":373,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/australian-shares-end-firmer-buoyed-by-consumer-sector-nz-down\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2018\\\/06\\\/photo-6.jpg\",\"articleSection\":[\"Finance\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.bnreport.com\\\/en\\\/australian-shares-end-firmer-buoyed-by-consumer-sector-nz-down\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/australian-shares-end-firmer-buoyed-by-consumer-sector-nz-down\\\/\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/australian-shares-end-firmer-buoyed-by-consumer-sector-nz-down\\\/\",\"name\":\"Australian shares end firmer buoyed by consumer sector; NZ down - Business News Report\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/australian-shares-end-firmer-buoyed-by-consumer-sector-nz-down\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/australian-shares-end-firmer-buoyed-by-consumer-sector-nz-down\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2018\\\/06\\\/photo-6.jpg\",\"datePublished\":\"2018-06-12T13:46:06+00:00\",\"description\":\"Australian shares ended higher on Tuesday propped up by stre..\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/australian-shares-end-firmer-buoyed-by-consumer-sector-nz-down\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.bnreport.com\\\/en\\\/australian-shares-end-firmer-buoyed-by-consumer-sector-nz-down\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/australian-shares-end-firmer-buoyed-by-consumer-sector-nz-down\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2018\\\/06\\\/photo-6.jpg\",\"contentUrl\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2018\\\/06\\\/photo-6.jpg\",\"width\":1070,\"height\":580},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/australian-shares-end-firmer-buoyed-by-consumer-sector-nz-down\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"\u0627\u0644\u0631\u0626\u064a\u0633\u064a\u0629\",\"item\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Australian shares end firmer buoyed by consumer sector; NZ down\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#website\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/\",\"name\":\"Business News Report\",\"description\":\"Latest News on the World of Politics & Business\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#organization\",\"name\":\"\u0628\u0632\u0646\u0633 \u0631\u064a\u0628\u0648\u0631\u062a \u0627\u0644\u0627\u062e\u0628\u0627\u0631\u064a\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2020\\\/12\\\/LOGO2.png\",\"contentUrl\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2020\\\/12\\\/LOGO2.png\",\"width\":200,\"height\":50,\"caption\":\"\u0628\u0632\u0646\u0633 \u0631\u064a\u0628\u0648\u0631\u062a \u0627\u0644\u0627\u062e\u0628\u0627\u0631\u064a\"},\"image\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/Business-NewsReport-328225811095934\\\/\",\"https:\\\/\\\/x.com\\\/BNReport\",\"https:\\\/\\\/www.instagram.com\\\/business.newsreport\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#\\\/schema\\\/person\\\/19d1c5a2dd7f60584a09de4a7805d68f\",\"name\":\"infopal11\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/author\\\/infopal11\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Australian shares end firmer buoyed by consumer sector; NZ down - Business News Report","description":"Australian shares ended higher on Tuesday propped up by stre..","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.bnreport.com\/en\/australian-shares-end-firmer-buoyed-by-consumer-sector-nz-down\/","og_locale":"en_US","og_type":"article","og_title":"Australian shares end firmer buoyed by consumer sector; NZ down - Business News Report","og_description":"Australian shares ended higher on Tuesday propped up by stre..","og_url":"https:\/\/www.bnreport.com\/en\/australian-shares-end-firmer-buoyed-by-consumer-sector-nz-down\/","og_site_name":"Business News Report","article_publisher":"https:\/\/www.facebook.com\/Business-NewsReport-328225811095934\/","article_published_time":"2018-06-12T13:46:06+00:00","og_image":[{"width":1070,"height":580,"url":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2018\/06\/photo-6.jpg","type":"image\/jpeg"}],"author":"infopal11","twitter_card":"summary_large_image","twitter_creator":"@BNReport","twitter_site":"@BNReport","twitter_misc":{"Written by":"infopal11","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.bnreport.com\/en\/australian-shares-end-firmer-buoyed-by-consumer-sector-nz-down\/#article","isPartOf":{"@id":"https:\/\/www.bnreport.com\/en\/australian-shares-end-firmer-buoyed-by-consumer-sector-nz-down\/"},"author":{"name":"infopal11","@id":"https:\/\/www.bnreport.com\/en\/#\/schema\/person\/19d1c5a2dd7f60584a09de4a7805d68f"},"headline":"Australian shares end firmer buoyed by consumer sector; NZ down","datePublished":"2018-06-12T13:46:06+00:00","mainEntityOfPage":{"@id":"https:\/\/www.bnreport.com\/en\/australian-shares-end-firmer-buoyed-by-consumer-sector-nz-down\/"},"wordCount":373,"commentCount":0,"publisher":{"@id":"https:\/\/www.bnreport.com\/en\/#organization"},"image":{"@id":"https:\/\/www.bnreport.com\/en\/australian-shares-end-firmer-buoyed-by-consumer-sector-nz-down\/#primaryimage"},"thumbnailUrl":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2018\/06\/photo-6.jpg","articleSection":["Finance"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.bnreport.com\/en\/australian-shares-end-firmer-buoyed-by-consumer-sector-nz-down\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.bnreport.com\/en\/australian-shares-end-firmer-buoyed-by-consumer-sector-nz-down\/","url":"https:\/\/www.bnreport.com\/en\/australian-shares-end-firmer-buoyed-by-consumer-sector-nz-down\/","name":"Australian shares end firmer buoyed by consumer sector; NZ down - Business News Report","isPartOf":{"@id":"https:\/\/www.bnreport.com\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.bnreport.com\/en\/australian-shares-end-firmer-buoyed-by-consumer-sector-nz-down\/#primaryimage"},"image":{"@id":"https:\/\/www.bnreport.com\/en\/australian-shares-end-firmer-buoyed-by-consumer-sector-nz-down\/#primaryimage"},"thumbnailUrl":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2018\/06\/photo-6.jpg","datePublished":"2018-06-12T13:46:06+00:00","description":"Australian shares ended higher on Tuesday propped up by stre..","breadcrumb":{"@id":"https:\/\/www.bnreport.com\/en\/australian-shares-end-firmer-buoyed-by-consumer-sector-nz-down\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.bnreport.com\/en\/australian-shares-end-firmer-buoyed-by-consumer-sector-nz-down\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.bnreport.com\/en\/australian-shares-end-firmer-buoyed-by-consumer-sector-nz-down\/#primaryimage","url":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2018\/06\/photo-6.jpg","contentUrl":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2018\/06\/photo-6.jpg","width":1070,"height":580},{"@type":"BreadcrumbList","@id":"https:\/\/www.bnreport.com\/en\/australian-shares-end-firmer-buoyed-by-consumer-sector-nz-down\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"\u0627\u0644\u0631\u0626\u064a\u0633\u064a\u0629","item":"https:\/\/www.bnreport.com\/en\/"},{"@type":"ListItem","position":2,"name":"Australian shares end firmer buoyed by consumer sector; NZ down"}]},{"@type":"WebSite","@id":"https:\/\/www.bnreport.com\/en\/#website","url":"https:\/\/www.bnreport.com\/en\/","name":"Business News Report","description":"Latest News on the World of Politics & Business","publisher":{"@id":"https:\/\/www.bnreport.com\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.bnreport.com\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.bnreport.com\/en\/#organization","name":"\u0628\u0632\u0646\u0633 \u0631\u064a\u0628\u0648\u0631\u062a \u0627\u0644\u0627\u062e\u0628\u0627\u0631\u064a","url":"https:\/\/www.bnreport.com\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.bnreport.com\/en\/#\/schema\/logo\/image\/","url":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2020\/12\/LOGO2.png","contentUrl":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2020\/12\/LOGO2.png","width":200,"height":50,"caption":"\u0628\u0632\u0646\u0633 \u0631\u064a\u0628\u0648\u0631\u062a \u0627\u0644\u0627\u062e\u0628\u0627\u0631\u064a"},"image":{"@id":"https:\/\/www.bnreport.com\/en\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/Business-NewsReport-328225811095934\/","https:\/\/x.com\/BNReport","https:\/\/www.instagram.com\/business.newsreport"]},{"@type":"Person","@id":"https:\/\/www.bnreport.com\/en\/#\/schema\/person\/19d1c5a2dd7f60584a09de4a7805d68f","name":"infopal11","url":"https:\/\/www.bnreport.com\/en\/author\/infopal11\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/posts\/82294","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/comments?post=82294"}],"version-history":[{"count":0,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/posts\/82294\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/media\/82295"}],"wp:attachment":[{"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/media?parent=82294"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/categories?post=82294"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/tags?post=82294"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}