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Market records continue, materials weaker, activity grows in IT sector The ASX 200 (ASX: XJO) added another 0.2% on Tuesday, with the materials sector the biggest detractor, falling 0.1% under the weight of BHP Group (ASX: BHP) and Rio Tinto (ASX: RIO). The IT sector continues to surge, adding 1.3%, along with the real estate sector which jumped 1% on somewhat…
Small gain for ASX, CBA nears $100, Zip keeps buying The ASX200 (ASX: XJO) managed to finished just 0.2% higher on Monday as strength in the banking sector including the Commonwealth Bank of Australia (ASX: CBA) offset weakness in materials. CBA is once again trading at an all-time high and just $1.24 short of the $100 mark. Iron oreand commodities…
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…
Mixed day but higher finish, new highs for stalwarts, Woolworths disappoints The ASX200 (ASX:XJO) managed another small gain, adding 0.3%, powered ahead by the technology sector; Afterpay (ASX”APT) and Zip Co (ASX:Z1P) adding 3.5% and 2.5% respectively. With half the sectors down, it was the consumer businesses that were the biggest detractors, Woolworths (ASX:WOW) falling 3.9% after delivering lackluster third quarter sales figures….
Tech sell off weighs on ASX, Challenger downgrades earnings, Latitude finally lists The ASX200 (ASX:XJO) moved further from a record close as a weak global lead and a bevy of early earnings updates sent the market 0.7% lower. The only highlight was the telecommunications sector which added 0.2%, with IT and healthcare falling over 1% each as…
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…
Weak open ahead, Fifth straight month for the ASX, IOOF loads up