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Four on the trot for the Aussie market
The local sharemarket advanced for a fourth straight day on Thursday, with a strong performance by the energy and mining sectors outweighing losses by three of...
Aussie market shrugs off inflation reading
The local share market managed a small gain on Wednesday despite the latest inflation reading surprising on the upside, raising the possibility that...
Local market making baby steps
The Australian share market crept higher on Tuesday ahead of the second Budget statement of the year, with the benchmark S&P/ASX 200 Index adding 19.2...
Miners push market into the green
The miners led the local market higher on Monday, with the S&P/ASX 200 Index advancing 1.5 per cent, or 102.6 points, to 6779.4, while the broader All...
When preparing for the worst is fraught with danger
With central banks running out of meaningful avenues to impact economies and markets rife with volatility, many investors will be tempted to dial back risk as...
Energy offsets losses, Adairs confirms, coal stocks at record levels
A sustained rally in the energy sector, which finished 2 per cent higher on Friday, wasn’t enough to reverse broader losses with the S&P/ASX200...
Bonds make life difficult for shares
Thursday saw a retreat from the benchmark S&P/ASX 200 Index, which dropped 69.4 points, or 1 per cent, to 6370.7 points, while the broader All Ordinaries...
Solid effort from Aussie market
The Australian share market backed-up its Tuesday effort with a solid performance on Wednesday, with the benchmark S&P/ASX200 index gaining 20.9 points,...
Resources lead local bourse
A strong lead-in from Wall Street gave solid impetus to the Australian market on Tuesday, and the result was a lift of 114.8 points, or 1.7 per cent, in the...
Aussie market starts new week on a downer
An ugly 2.4 per cent slide in the S&P 500 index on Wall Street at the weekend was never going to give the Australian market a boost as it opened the week,...
Global rally supports market, energy, financials jump on UK caution
The S&P/ASX200 managed to offset the majority of the week’s losses on Friday, finishing 1.8 per cent higher on the back of a significant jump in the...
Banks, Qantas pace market ahead of inflation data, ELMO jumps on private equity interest
The local market overcame selling pressure ahead of awaited US inflation data to post a small loss of 0.1 per cent. The financials sector was the standout,...
Bank of Queensland boosts market, energy declines, GM buys into Queensland Pacific
The local sharemarket managed to overcome global weakness, posting a 2.5 point gain behind a significantly rally in the financial sector, up 1.9 per cent. The...
Local market weakens, as guidance flows in, Platinum outflows continue
The S&P/ASX200 continued to weaken as the guidance flows in from numerous sectors of the economy. The industrials sector was the rare highlight, gaining...
Market weakens on US recession risk, Tabcorp acquisition, gold stocks hit
The local market opened the week on a negative note, with the threat of US recession sending every sector lower. The rate sensitive sectors were the hardest...
Market caps best week in two years, GQG outflows, AGL board members cut
The local sharemarket finished the week on a negative tone, falling 0.8 per cent, but it wasn’t enough offset the exuberance on Tuesday. Only the energy...