-
Sort By
-
Newest
-
Newest
-
Oldest
Winning streak hits seven weeks, A2 Milk (ASX:A2M) and Mesoblast (ASX:MSB) battered The ASX200 (ASX:XJO) managed to overcome a 1.2% fall to cap off the seventh straight week of gains, adding 0.5%. The IT sector continued to lead the way behind Afterpay (ASX:APT), finishing 5.9% higher, whilst energy lost 2.4% as the US economy appeared to weaken. The biggest…
Santa rally continues, all eyes on financials, Rex Airlines (ASX:REX) gets approved The ASX200 (ASX:XJO) finished 0.7% higher after a positive overseas lead, with every sector finishing higher. Attention once again turned to the technology sector, with BNPL players Afterpay (ASX:APT) and Zip (ASX:Z1P) finishing 4.2% and 6.7% higher. While these companies have been flagged as Australia’s technology leaders, the true nature of…
Stock markets have always been a win-lose situation, but the odds are skewing even further towards a handful of successful companies, according to a new analysis by Australian-based global manager Hyperion Asset Management. In bad news for value and passive investment styles, the study argues that, historically, only a small proportion of listed companies have…
Optimism abound, ASX up 4.4% for the week, Macquarie (ASX:MQG) profit falls 32% The week finished where it began, the ASX 200 (ASX:XJO) adding 0.8% taking the gain to 4.4% with every sector finishing the week higher.  The key driver was real estate (+8.3%) and consumer discretionary (+6.8%) businesses the key drivers as a combination of loosening border restrictions…
ASX broadly flat, retail sales decline again, TPW smashed, flat lead The ASX battled to a flat finish on Wednesday, adding 0.1%, with gains in energy and financials offsetting weakness in the consumer sectors.  Retail sales results were released with every state apart from the NT falling in September, national sales were down 1.5%.  This was the second…
ASX lower as mining and financials hit, Afterpay Ltd (ASX:APT) hits $100, RBA Minutes released The ASX 200 (ASX:XJO) fell 0.7% on Tuesday, giving back yesterday’s gains on a weaker global lead. Mining, down 1.1% and financials, -1.2%, were the biggest detractors as valuations continue to bite. BHP Group Ltd (ASX:BHP) offered a quarterly production update…
ASX 200 hits seven month high, CSL (ASX:CSL) bounces, Cimic (ASX:CIM) sells Thiess, weaker open ahead The ASX 200 (ASX:XJO) rallied 0.9% to start the week, buoyed by the hope of Victorian economic restrictions being lifted at the end of the month. The index has reached a seven month high as a confluence of domestic…
Another positive week for global markets, property sinks, reality setting in for Atlas Arteria (ASX:ALX)Â 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…