asx 200

Another positive week for global markets, property sinks, reality setting in for Atlas Arteria (ASX:ALX) It was another positive week for global markets, the ASX 200 (ASX:XJO) finishing 1.2% higher despite falling 0.5% on Friday. Similarly, US markets have overcome the ‘will they or wont they’ stimulus discussions, with the S&P 500 and Nasdaq up 0.2%…

RBA planning more QE, ASX rallies, Virgin CEO out, US markets pare falls The ASX 200 (ASX:XJO) rallied 0.5% on a mixed day.  The key result today was a slightly better than expected unemployment result, the rate increasing to 6.9% despite Victoria shedding another 1.1% of jobs.  Queensland stands out with the highest level of unemployment at 7.7%…

It ends at seven, ASX falls 0.3%, Bank of Queensland surprises, US falls offering weaker lead The ASX 200 (ASX:XJO) couldn’t keep its unbeaten run going, falling 0.3% on Wednesday, overcome by a combination of factors.  The materials sector was among the biggest detractors, falling 0.9% after the unexpected announcement overnight that Chinese steel mills were ordered…

Shareholders of Link Administration Holdings (LNK), which provides services to the funds management and superannuation sectors and runs the share registry for many of the S&P/ASX 200 companies, have become the latest group to experience the tailwind that a takeover offer can suddenly blow on to a becalmed share price. Last weekend, a consortium of…

Seventh heaven, China bans coal, Telstra (ASX:TLS) dividend boost, US markets fall The ASX 200 (ASX:XJO) reached its highest point in seven months, passing 6,200 points after improving 1.0% on Tuesday. This takes the rally to seven straight days with all sectors except materials finishing higher. The financial sector continues to outperform as economic conditions…

Markets have strongest week in months, ASX up 5.4%, S&P 500 up 3.9%, stimulus on again The ASX 200 (ASX:XJO) delivered its strong week since April, finishing 5.4% higher despite finishing flat on Friday. It was a similar story in the US, with the S&P 500 adding 0.9% on Friday and 3.9% for the week. The…

Longest winning streak since July, go slow at Transurban (ASX:TCL), Zip (ASX:Z1P) up 9%, US markets continue to creep higher The ASX 200 (ASX:XJO) has delivered its longest winning streak since July, finishing 1.1% higher as the budget stimulus continues to reverberate through markets. The announcements have been well received by the corporate sector, despite several shortcomings….

ASX budget bounce, a long list of winners, IPOs closing in, US markets hit one month high The ASX 200 (ASX:XJO) overcame a weak lead form the US to deliver its strongest budget bounce since 2002, jumping 1.3%. It will likely take several weeks to digest the true implications of this budget, particularly those sectors that…

ASX opens weaker, travel rallies on Tasman bubble, strong open ahead The ASX 200 (ASX:XJO) finished 0.2% lower to open the week, increasing the likelihood of the first negative month since March. The real estate of A-REIT sector was among the few positives, with Scentre Group (ASX:SCG) and GPT Group (ASX:GPT) finished over 2% higher…

Loosening the reins, ASX 200 higher, banks rally, US recovers on stimulus hopes The ASX 200 (ASX:XJO) staged a stunning recover, finishing the day 1.5% higher leading to a 1.7% improvement for the week. The financial sector, up 3.7%, contributed over half the recovery on its own, ANZ Banking Group Ltd (ASX:ANZ) and National Australia Bank…