asx today – Page 8 – The Inside Adviser

ASX defies gravity, energy and retailers push market higher, Appen tanks

May 30, 2022 by Drew Meredith

The local market delivered a strong finish to the week, gaining 1.1 per cent on the back of a strong global lead.The primary driver was a weakening of the rhetoric...

Appen left at the altar. Market heads lower. Good week continues for US markets.

May 27, 2022 by Drew Meredith

Appen left at the altar A bizarre blink-and-you-missed takeover approach came and seemingly went for one of the local market's tech leaders Appen, which develops the datasets for machine learning and...

Aussie market creeps higher. US markets lift.

May 26, 2022 by Drew Meredith

Aussie market creeps higher Despite a steady diet of news of war, global slowdowns, China lockdowns, inflation and higher rates, the Australian share market managed to rise on Wednesday, as measured...

China sniffles hurt market. Tech weakens Wall Street, Dow holds up

May 25, 2022 by Drew Meredith

China sniffles hurt market The Australian share market was weighed down on Tuesday by concerns that COVID-19 lockdowns have hurt economic growth in China, the benchmark S&P/ASX 200 index finished...

Election, what Election? Codan, Elders bust out. Green arrows on Wall Street.

May 24, 2022 by Drew Meredith

Election, what Election? A change of government was yawned-off by the Australian share market on Monday; after being up by 50 points in morning trading, the benchmark S&P/ASX 200 index closed...

Market rallies on China policy, tech jumps, Woolies buys mydeal.com.au

May 23, 2022 by Drew Meredith

The Aussie market benefitted from the news that the Chinese Government had cut a key interest rate and a late rally in US markets to post a 1.2 per cent...

Follow the leader, consumer businesses send ASX lower, travel is back

May 20, 2022 by Drew Meredith

The local market couldn't overcome growing concerns about stagflation, an instance when the economy slows as inflation increases, with the S&P/ASX200 falling 1.7 per cent on Thursday.The losses were broad-based,...

Four straight gains, iron ore surges, BlueScope upgrades, Boral downgrades

May 19, 2022 by Drew Meredith

The domestic market was buoyed by a jump in the iron ore price as Chinese lockdowns continue to ease with the S&P/ASX200 gaining 1 per cent on the back of...

Little by little, market recovery continues, James Hardie upgrades, Bramble’s bid halted

May 18, 2022 by Drew Meredith

The domestic market is slowly chipping away at recent losses, with the S&P/ASX200 gaining another 0.3 per cent on Tuesday behind a rally in the energy and utilities sectors.The energy...

China weakness sends market lower, Brambles confirms takeover talks, Qube jumps

May 17, 2022 by Drew Meredith

The local market commenced the week on a more positive note, with the S&P/ASX200 gaining 0.3 per cent on the back of a strong performance from the industrials sector, which...

Market turns on tech sector, Block, Xero surge, gold miners weaken

May 16, 2022 by Drew Meredith

The local market finished the week on a high note, gaining 1.9 per cent on the back of an incredible surge in the technology sector.The mid-session turnaround in the Nasdaq...

Tech sinks local market, Commonwealth Bank profit up, Bitcoin ETF launches

May 13, 2022 by Drew Meredith

The technology sector all but sunk the local market today with the S&P/ASX200 sinking 1.8 per cent on the back of an 8.2 per cent fall in the sector.Every other...

Market rallies off lows, Asia turns, Magellan hires new CEO

May 12, 2022 by Drew Meredith

The domestic market managed to eke out a small gain, recovering from as much as 1 per cent down to send the S&P/ASX200 0.2 per cent higher on Wednesday.Positive signs...

Local stocks fight back, weight of numbers push market lower, Pendal’s surprise

May 11, 2022 by Drew Meredith

The local sharemarket followed global markets lower, with the S&P/ASX200 opening as much as 2.5 per cent lower.The day's trade was a story of the weight of numbers, with every...

Stocks down as China extends lockdown, property, tech selloff, Westpac reports

May 10, 2022 by Drew Meredith

There are few signs that the global selloff is slowing down, with a weak US lead on Friday contributing to another 1.2 per cent fall on the S&P/ASX200.The threat of...

Selloff worsens, every sector lower, tech slumps, Macquarie delivers bumper profit

May 9, 2022 by Drew Meredith

The local market closely followed the global lead with the S&P/ASX200 experiencing its worst session since Russia invaded Ukraine.All 11 sectors of the market were lower with technology and real...

Mining and energy boost market

May 6, 2022 by Drew Meredith

The Australian share market followed Wall Street on Thursday, sharing the American market's optimism that the Federal Reserve could tame inflation without triggering a recession.The benchmark S&P/ASX 200 index finished...

First day of new interest-rate environment was a slight downer for Australian share market.

May 5, 2022 by Drew Meredith

The first day of a new interest-rate environment was a slight downer for the Australian share market, with the benchmark S&P/ASX 200 easing 11.5 points, or 0.2 per cent, to...

Interest rate rise hits Aussie market

May 4, 2022 by Drew Meredith

The first interest rate hike in Australia in 11-and-a-half years took centre stage on the Australian markets yesterday.The Reserve Bank of Australia (RBA) lifted the cash rate by 25 basis...

ASX gains but down for the week, every sector rallies, Kogan tanks, Origin up on energy prices

May 2, 2022 by Drew Meredith

The domestic market continues to outperform our global peers, with the S&P/ASX200 gaining 1.1 per cent on Friday, but still finishing the week 0.5 per cent lower.Every sector was higher,...