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ASX edges to new record close, fourth weekly gain

ASX finishes at fresh record, shrugs off inflation threat, tech, gold rally The ASX 200 (ASX: XJO) finished +0.1% on Friday, taking the market 0.2% higher for the week and ultimately finishing at another all-time high. On Friday, it was the gold miners responding to the expected inflation data in the US. Resolute Mining Limited (ASX: RSG) and Newcrest Mining Ltd (ASX:…

The Inside Adviser | 13th Jun 2021 | More
ASX caps seventh consecutive monthly gain

Seventh consecutive monthly gain, Beach Energy smashed, ANZ takes $817m profit hit The ASX200 (ASX:XJO) finished Friday on a weaker note, down 0.8% and 0.5% for the week, however was able to deliver a seventh consecutive monthly gain, finishing 3.5% higher for the month of April. The news of the day was the capitulation in Beach Energy’s (ASX:BPT) share…

The Inside Adviser | 2nd May 2021 | More
Strongest week since November

Strongest week since November, News Corp (NWS) shows the evolution of media, more record highs The ASX200 (ASX:XJO) finished the week the same way it started, moving 1.1% higher, with a broad-based recovery sending the index to its highest level in 11 months. Mining services provider Worley (ASX:WOR) was the main laggard, falling 8.1% after flagging a significant fall…

The Inside Adviser | 7th Feb 2021 | More
  • ASX shares update; US markets down over 4%

    It’s back: US markets down over 4%, dividends the story of the day, a deal with the devil The ASX 200 (ASX:XJO) finished another 0.8% higher, with everything but the IT, materials and utilities sectors adding to the rally. As reporting season comes to an end, dividend payments are driving daily movements with BHP Group…

    Drew Meredith | 3rd Sep 2020 | More