asx today – Page 10 – The Inside Adviser

ASX surges on Chinese outlook, Ukraine talks, tech rally continues

March 18, 2022 by Drew Meredith

It was another strong day for the local market with the S&P/ASX200 gaining 1.1 per cent primarily due to a strong global lead.The Chinese Hang Seng continued its strong recovery gaining close...

Market weakens on Chinese lockdowns, commodity demand, Uniti jumps on bid

March 16, 2022 by Drew Meredith

It was another difficult day for the domestic market with the Nasdaq entering a bear market and Chinese technology continuing to selloff putting further pressure on sentiment and the ASX's...

Financials push market higher, Fed meeting ahead, Gor leaves Pendal

March 15, 2022 by Drew Meredith

The Australian share market has remained remarkably resilient despite the broadening sanctions against Russia and greater economic implications, with the S&P/ASX200 finishing 1.2 per cent higher on Monday, a public holiday in...

ASX surges on energy weakness, travel sector bounces, Sydney cash delivered

March 11, 2022 by Drew Meredith

It was another strong day for the S&P/ASX200 (ASX: XJO) with the market looking through challenging headlines and volatility towards what will otherwise be a resurgent economy.The market finished 1.1 per cent...

Market rallies despite volatile backdrop, technology outperforms, Origin buyback

March 10, 2022 by Drew Meredith

The S&P/ASX200 (ASX: XJO) has delivered another positive day despite the incredibly negative backdrop with issues ranging from inflation to commodity price uncertainty and the Ukraine invasion.The market finished 1 per cent...

Market weakens, defensive stocks outperform, Nickel up 100 per cent in two days

March 9, 2022 by Drew Meredith

The selling pressure continued on Wednesday with the S&P/ASX200 falling 0.8 per cent as uncertainty around the world continues to grow.Recent winners in energy and materials led the selloff down 3.6 and 3.3...

ASX down as oil nears US$140, AUD rallies, ‘pens down’ on AGL bid

March 8, 2022 by Drew Meredith

The trends of the last two weeks look to set to accelerate for the rest of March with the S&P/ASX200 following the lead of US futures to fall another 1 per cent...

Market sinks on ‘nuclear’ concerns, iron ore rally continues

March 7, 2022 by Drew Meredith

News that the Russian invasion of Ukraine had resulted in a fire at one of the country's many nuclear reactors sent shockwaves through global markets, with Fukushima returning to front...

ASX continues strength on commodity surge, dividend payments drag, bond yields jump

March 4, 2022 by Drew Meredith

The Government bond market is now experiencing more volatility than the equity market, with the Australian 10-year yield increasing 10 basis points today, whilst the S&P/ASX200 gained 0.5 per cent once again.Just...

Commodities, State of the Union ballast volatile markets, tale of three themes

March 3, 2022 by Drew Meredith

President Biden delivered his annual State of the Union address during the session, with strong commentary around Ukraine and targeted investment into domestic manufacturing capacity supporting US futures and ultimately...

Tech powers market higher, quality in focus, Zip raises $148 million

March 2, 2022 by Drew Meredith

The Australian share market continued the post-invasion recovery, with the S&P/ASX200 gaining 0.7 per cent to begin the month of March; this comes after finishing February just 1.1 per cent higher.The technology...

Market steadies as tech surges, Harvey Norman, Kogan report

February 28, 2022 by Drew Meredith

The Australian sharemarket followed a strong global lead, finishing 0.1 per cent higher taking the weekly loss to just 4.3 per cent despite the war in Ukraine. On Friday, it was...

Strong reports overcome Russia concerns, IT, comms send market higher, Woolies cuts dividend

February 24, 2022 by Drew Meredith

The Australian market overcame increasingly weak global sentiment to post a gain of 0.6 per cent on Wednesday.Whilst the events in Ukraine and associated impacts on the price of energy...

ASX falls as Russia enters Ukraine, Cochlear, Hub 24 jump on upgrades

February 23, 2022 by Drew Meredith

The unexpected run of earnings and profit surprises in 2021 wasn't enough to offset geopolitical concerns from Russia, sending the S&P/ASX200 down 1 per cent on Tuesday. The losses remain focused around...

US-Russia talks soothe market, Cannon-Brookes in AGL bid, Tyro tanks

February 22, 2022 by Drew Meredith

The Australian sharemarket looked to be succumbing to overseas weakness on Monday, falling as far as 0.7 per cent before rebounding in the afternoon, to gain 0.2 per cent for...

Three-week high for Aussie market, enjoy it while you can

February 18, 2022 by Drew Meredith

Surges from CSL and BHP powered the Australian sharemarket to a three-week high on Thursday - but the market is likely to struggle today following overnight falls in the US. Australia's benchmark S&P/ASX 200 Index gained...

Earnings help push local market higher

February 17, 2022 by Drew Meredith

Healthy earnings results from the likes of CSL, Treasury Wine Estates and Pro Medicus helped to push the Australian sharemarket higher on Wednesday, offsetting losses from the major resource stocks as iron...

BHP cash river pours onto market

February 16, 2022 by Drew Meredith

Tuesday's market highlight came before the opening, when diversified miner BHP reported a bumper half-year result.Strong commodity prices - in particular, record iron ore and coking (steelmaking) coal prices, and buoyant copper...

Market takes backward step, Magellan’s struggles continue

February 14, 2022 by Drew Meredith

A promising February on the Australian ran into a roadblock on Friday, with the benchmark S&P/ASX 200 Index surrendering 71.2 points on the day, or 1.0 per cent, to 7217.3 points.While that...

ASX rally continues, CBA boosts dividend, Mineral Resources falls

February 10, 2022 by Drew Meredith

The S&P/ASX200 continued a recent strong run gaining another 1.1% on Wednesday with Commonwealth Bank (ASX: CBA) a key contributor. The financial and technology sector are seeing strong support as earnings season steps up another...