asx today

The S&P/ASX200 managed a solid fightback during the session falling as much as 1% at the open but finishing down just 0.1% for the day. There were only three sectors higher, being energy, materials and technology gaining 1.6, 0.8 and 0.6% respectively, whilst the healthcare and real estate sectors both fell 1.3%. Among the largest drags on the market, today was ANZ Banking Group (ASX: ANZ)…

The S&P/ASX200 looked beyond the sharp selloff in technology stocks overnight to post a 0.6% gain on Friday. The result was broad-based with almost every sector higher, with materials, energy and technology all finishing over 1% in the black. This came despite Meta’s massive selloff in the US session. Boral (ASX: BLD) shares fell 41.8%, representing the amount of the capital return and special…

The S&P/ASX200 fell throughout the day, finishing 0.1% lower with all eyes on the Morningstar Investment Conference. The technology sector carried most of the selling pressure, falling 5.9% in a single session, with utilities and materials the only sectors settling higher. Popular lithium miner Novonix (ASX: NVX) fell close to 15% despite any news on the company, with numerous other technology names not far behind. Xero…

 It was another positive day for the market, with the S&P/ASX200 gaining 0.5% after the Reserve Bank confirmed it would be taking no action on rates once again. Concerns about a slowdown in global growth have seen a recovery in the more rate-sensitive sectors of the market with technology and utilities leading the way again, gaining 2.6 and 2.4% respectively. Materials were…

Australian investors had some respite on Friday, as volatility disappeared and the S&P/ASX200 gained 2.2% to finish the week. There was little news driving the rebound, aside from perhaps the realisation that whilst rates may rise sooner than expected, they remain fixed near zero. CSL (ASX: CSL) was a major contributor, gaining 3.2% after a difficult week, but it was…

 It was an eventful day in global markets, with the US indices initially trading higher after learning that the Federal Reserve were considering increasing the cash rate for the first time in many years in March this year. The market turned quickly, with the selloff in technology accelerating once again. Australia was not immune, with the market…

 A spate of headlines over the week naturally put pressure on the S&P/ASX200 today, with the index falling 1% at the open but finding support throughout the day to finish down just 0.5%. It was quite a negative day, with the technology, utilities and materials sectors taking the biggest hit, in many cases due to company-specific results. The winners…

The S&P/ASX 200 suffered its worst week since 2020, finishing Friday 2.3% lower and losing 2.9% over the last five days. On Friday, every single sector on the market was lower, in fact just 12 companies in the top 200 managed a positive return, Boral Ltd (ASX: BLD) being one of them, gaining 2.1%. Whilst the threat of higher interest rates…

The S&P/ASX200 couldn’t overcome another negative lead from the US, with bond rates and reporting season driving the market again. Only two of the markets 11 sectors posted a positive result, with technology continuing its selloff falling 2.6% and the healthcare sector, down 1.6% also underperforming. Once again, energy remains the highlight as oil moved towards multi-year highs with the likes of Origin (ASX: ORG) benefitting…

The S&P/ASX200 finished 0.1% lower as consumer confidence dropped over 7% to the lowest point since the vaccination announcement in November 2020. The market remains mixed with cyclical sectors including energy and materials, up 0.2 and 0.6% respectively, whilst the more defensive healthcare sector underperformed, falling 1.2%. All eyes were on the retail sector, however, with JB HiFi (ASX: JBH) jumping 6.9% and overcoming…