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Afterpay helps record-high ASX to best week since May

Tech powers record week, iron ore price tumbles, records everywhere The ASX 200 (ASX: XJO) overcame another 8% fall in the iron ore price to deliver a 0.4% gain on Friday, ultimately taking the weekly increase to 2%. Afterpay Ltd (ASX: APT) capped off an incredible week with another 5.5% gain, but it was all about News Corporation (ASX: NWS) which jumped…

The Inside Adviser | 8th Aug 2021 | More
ASX retreats, Afterpay and Zip rise again

ASX claws back, energy hit, IT takeover rally spreads The ASX 200 (ASX: XJO) spent most of the day clawing back from early losses, ultimately finishing down just 0.2% despite a weak lead from the US market. The story was similar to yesterday with 8 of the 11 sectors down but technology continuing to drive performance, up…

The Inside Adviser | 3rd Aug 2021 | More
ASX shares update; QBEs culture crisis, RBA looking dovish

August gains lost in a day, QBEs culture crisis, RBA looking dovish, higher open ahead With reporting season complete, markets are once again turning to economic data and vaccine hopes. It wasn’t a great start to Spring, with the ASX 200 (ASX:XJO) falling 1.8% and giving back nearly all the gains achieved in August. The…

Drew Meredith | 1st Sep 2020 | More
  • ASX market update; fifth straight month for the ASX

    Weak open ahead, Fifth straight month for the ASX, IOOF loads up

    Drew Meredith | 31st Aug 2020 | More
    Market update – Federal Reserve loosens inflation reins

    It was a mixed day for the market, the ASX 200 (ASX:XJO) finished 0.2% higher despite trading up as much as 0.8% during the day.

    Drew Meredith | 27th Aug 2020 | More
    Woolies, Link Admin, Ramsay & Afterpay

    Pandemic tailwind to flow into 2021 for Woolies Woolworths Ltd (ASX:WOW) delivered a weaker than expected result, despite a 6% increase in revenue to $63.6 billion for the financial year. Net profit fell to $1.166 billion with the biggest hit coming from the mothballed Hotels division. Sales revenue improved across the board with Australian and…

    Drew Meredith | 27th Aug 2020 | More