Australia: Stronger miners help keep shares steady

Mixed showings among mining and bank stocks kept the Australian share market mostly flat on Friday, with investors shrugging off disappointing financial results.

The S&P/ASX 200 index was 0.16 per cent, or 9 points, higher at 5,516.

Weak oil and gas prices hammered half-year profits at Australia's Woodside Petroleum and Santos on Friday, but investors sent their shares higher as both companies reported progress on cost-cutting.

Woodside was trading 2 per cent firmer, while Santos gave up its gains and was down 0.2 per cent.Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg