asx today – Page 9 – The Inside Adviser

Market down on inflation fears, AMP sells to Dexus, Life360 tanks

April 28, 2022 by Drew Meredith

The local sharemarket followed a weak global lead, falling 0.8 per cent on Wednesday but with the fear spreading to broader sectors of the market.In the opposite to yesterday's trade,...

China lockdowns hit sharemarket, materials, energy slump, EML tanks

April 27, 2022 by Drew Meredith

News that Beijing was set to follow Shanghai into massive lockdowns to avert the threat of Omicron sent global share markets into a shockwave in this shortened week.The S&P/ASX200 fell...

Market rally sustained, NZ inflation hits 30 year high, Challenger, Brambles surges on upgrade

April 22, 2022 by Drew Meredith

It was another positive day for the local sharemarket with retreating bond yields and more positive stock-specific news sending the S&P/ASX200 another 0.3 per cent higher.In a surprising turn, both...

Market flat as commodities fall, Ramsay’s massive payday, Santos announces buyback

April 21, 2022 by Drew Meredith

It was a flat day for the local bourse, with the S&P/ASX200 managing to deliver a gain of just four points or 0.05 per cent as the dualling pull of...

Market rallies despite rate hike discussion, City Chic tanks, AMP nearing sale

April 20, 2022 by Drew Meredith

The shortened week has begun positively with the S&P/ASX200 gaining 0.6 per cent despite lower-than-normal volumes.The release of the RBA's policy meeting minutes dominated the conversation with commentary around the...

Market falls as yield surge, oil price hit, gold miners shine

April 13, 2022 by Drew Meredith

It was another weak day for the local market with every major sector falling on Tuesday and dragging the S&P/ASX200 down another 0.4 per cent.The primary driver remains the oil...

Market reverses early gains, bond yield hits 3 per cent, GrainCorp jumps

April 12, 2022 by Drew Meredith

It was another volatile day for the S&P/ASX200, with the market trading significantly higher before reversing gains to finish up just 0.1 per cent.The market and individual sectors continue to...

Market weakens as unwind looms, Platinum hits record low, GrainCorp surge continues

April 11, 2022 by Drew Meredith

A strong rally to close out the week, with the S&P/ASX200 finishing 0.5 per cent higher, wasn't enough to offset downward pressure during the week, with the market ultimately losing...

Tech pushes market lower, Magellan jumps despite outflows, defensives the standout

April 8, 2022 by Drew Meredith

The threat of quantitative tightening extended to Australia on Thursday, with the S&P/ASX200 being dragged down another 0.6 per cent almost solely due to the technology sector.Just three sectors finished...

RBA ‘losing patience’, market pulls back from all-time high, iron ore surge

April 6, 2022 by Drew Meredith

Tuesday was a similarly strong day for the Australian market, with the S&P/ASX200 moving within 1 per cent of an all-time high; despite the incredibly difficult geopolitical backdrop.That was until...

Fund manager merger, commodity rally stokes market, China turning the corner

April 5, 2022 by Drew Meredith

April has begun just as March finished, with the domestic market rallying on what was generally stock-specific news.The S&P/ASX200 gained 0.3 per cent despite a broad spread of performances, with...

ASX gains for third week, energy weakens, BHP, lithium stocks drive market

April 4, 2022 by Drew Meredith

The Australian market continues to defy weakening market sentiment, falling less than 0.1 per cent on Friday with the S&P/ASX200 ultimately gaining 1.2 per cent and delivering a third straight...

ASX falls to finish the quarter, Tabcorp demerger steps up, surge in job vacancies

April 1, 2022 by Drew Meredith

The Australian market managed to finish the quarter 0.7 per cent high in price terms, but down just over 1 per cent on an accumulation basis.This was despite the market...

ASX closes on breakeven, Telstra CEO steps down, lithium, technology surge

March 31, 2022 by Drew Meredith

In what can only be described as a remarkable turnaround, the domestic sharemarket is closing in on breakeven for 2022, with the S&P/ASX200 gaining another 0.7 per cent on Wednesday.A...

Market flat despite negative news, bond yields spike, Star CEO steps down

March 29, 2022 by Drew Meredith

There was little in the way of positive news on Monday, with the market ultimately capitulated to a lack of direction, gaining just six points to start the week.Just four...

ASX hits two month high, Premier disappoints, healthcare under pressure

March 28, 2022 by Drew Meredith

The Australian market remains resilient to the threat of higher energy prices with the S&P/ASX200 gaining another 0.3 per cent to finish the week.The result was driven by a rally...

Crown not fit but retains license, ASX higher on utilities, ANZ’s digital dollar

March 25, 2022 by Drew Meredith

The local market managed to eke out another small gain on Thursday finishing 0.1 per cent higher powered by the utilities sector which gained 2.6 per cent.The sector is benefitting...

Market rally extends, Block hits record, Uniti bidding war

March 24, 2022 by Drew Meredith

The run of positive days continues to defy expert predictions of market chaos as bond yields increase, with the S&P/ASX200 gaining another 0.5 per cent despite another bump in the...

ASX rallies on commodities, Ramsay Asia under offer, Macquarie profit to surge

March 23, 2022 by Drew Meredith

The Australian sharemarket continues to overcome weak sentiment, gaining 0.9 per cent to take the S&P/ASX200 to a two-month high.The market is set to deliver the largest quarterly outperformance against...

Market weakens as Ukraine impasse continues, Block surges, Qube announces buyback

March 22, 2022 by Drew Meredith

Market weakens as Ukraine impasse continues, Block surges, Qube announces buybackIt was looking like another strong day for the market with the S&P/ASX200 trading positively throughout most of the session,...