asx today

Positive news from the White House on the severity of the Omicron variant supported another surge in the S&P/ASX200 (ASX: XJO), which gained 1 per cent, taking the winning streak to three straight days. Consumer-facing companies, particularly travel stocks, lead the way with the sector up 1.6 per cent, slightly behind the healthcare and tech sectors which gained 1.7 and 1.9 per…

Market posts positive finish, AMP jumps, Westpac sued The S&P/ASX200 (ASX: XJO) managed to deliver another positive day, finishing 0.2 per cent higher despite giving back gains of over 1.5 per cent at the open. Weaker US futures hit confidence in the afternoon, with defensive earnings streams among the worst hit as the utilities and consumer sectors…

Omicron risk dissipates, commodities gain, energy takes OPEC+ hit  Concerns that the Omicron-related sell off would look similar to March 2020 were sated on Monday, with the market recovering from a steep fall at the open to post a loss of just 0.5 per cent. The biggest contributor was a more positive outlook from US markets, where…

Market rallies on iron ore, Pinnacle’s big deal, Bapcor tanks Yesterday’s story carried into trading on Tuesday, with the S&P/ASX200 (ASX: XJO) gaining another 0.8 per cent. It was pushed higher primarily by the more cyclical sectors with both mining and energy gaining more than 2 per cent, with the technology sector falling heavily, down 3.5 per…

ASX follows global markets lower, AMP retains property, travel stocks hit The S&P/ASX200 (ASX: XJO) succumbed to the global weakening of sentiment, falling 0.6 per cent on Monday with both energy and consumer businesses the major drag. The energy sector continues to fall as oil prices weaken, falling 1.6 per cent, despite surging gas prices now impacting on the East…

ASX delivers marginal gain, oil price pain continues, Evolution spikes The S&P/ASX200 (ASX: XJO) managed to eke out a positive day, gaining 0.1 per cent or just 9 points as selling pressure from the banks offset solid gains in the rest of the market. The financial sector fell 0.6 per cent with the Commonwealth Bank (ASX: CBA) giving back another 1.6 per cent. The…

ASX weak on CBA tumble, AUD falls on weak wage data, Seven, Seek upgrades The S&P/ASX200 (ASX: XJO) finished 0.7 per cent lower on Wednesday, with market behemoth the Commonwealth Bank of Australia (ASX: CBA) dropping over 8 per cent and dragging the financial sector down 2.7 per cent along with it. Most other sectors were higher led by the IT and…

 The S&P/ASX200 (ASX: XJO) gained another 0.3 per cent to begin the week, benefitting from broad-based strength. Each of the consumer discretionary, healthcare and technology sectors gained more than 1 per cent with experimental group Mesoblast (ASX: MSB) leading the market by finishing 12 per cent higher. The company delivered a positive update on their “new weapon” a treatment aimed at combatting heart…

ASX down 0.2 per cent, unemployment surprise, iron ore rallies The S&P/ASX200 (ASX: XJO) finished the week on a stronger note, gaining 0.8 per cent behind a strong recovery in the mining sector, which gained 2.3 per cent. The likes of Fortescue (ASX: FMG) and BHP (ASX: BHP) added 2 and 2.8 per cent respectively on the back of a rise in the…

ASX jumps despite RBA move, lithium, AMP spike higher The S&P/ASX200 (ASX: XJO) continued its strong recent run gaining 0.9 per cent on Wednesday behind strength in the materials (1.4 per cent) and financial sectors (1.2 per cent). The likes of BHP (ASX: BHP) and Rio Tinto (ASX: RIO) both rallied by more than 1 per cent despite further falls in the iron…