ASX – Page 4 – The Inside Adviser

Woolies sees inflation impact, Perpetual rejects new bid, AUB lifts guidance

November 4, 2022 by Drew Meredith

Shares in Woolworths (ASX:WOW) neared a one year low, falling 3.5 per cent, after the company delivered another quarterly update. While the headline numbers were solid, with sales up 1.8 per cent...

Market flat ahead of Fed decision, Amcor slides, building approvals slump

November 3, 2022 by Drew Meredith

The local market managed a small gain on Wednesday, adding 0.1 per cent, as strength in the energy and materials sectors, up 1.1 per cent each, offset losses in property...

Another 0.25 per cent hike, market rallies, the end is near

November 2, 2022 by Drew Meredith

The local market was spurred on by a smaller than expected cash rate increased by the Reserve Bank of Australia. The 25 basis point increase once again proved that what the...

Market sinks on commodities, real estate gains, Brainchip tanks

October 31, 2022 by Drew Meredith

The local market finished the week on a negative tone, falling 0.9 per cent as the country's largest iron ore miners were hit by further falls in the price of...

Four on the trot for the Aussie market

October 28, 2022 by Drew Meredith

The local sharemarket advanced for a fourth straight day on Thursday, with a strong performance by the energy and mining sectors outweighing losses by three of the big four banks....

Aussie market shrugs off inflation reading

October 27, 2022 by Drew Meredith

The local share market managed a small gain on Wednesday despite the latest inflation reading surprising on the upside, raising the possibility that the Reserve Bank of Australia (RBA) could become more...

Local market making baby steps

October 26, 2022 by Drew Meredith

The Australian share market crept higher on Tuesday ahead of the second Budget statement of the year, with the benchmark S&P/ASX 200 Index adding 19.2 points, or 0.3 per cent, to 6798.6,...

Miners push market into the green

October 25, 2022 by Drew Meredith

The miners led the local market higher on Monday, with the S&P/ASX 200 Index advancing 1.5 per cent, or 102.6 points, to 6779.4, while the broader All Ordinaries gauge ended up 108.5 points, or...

Energy offsets losses, Adairs confirms, coal stocks at record levels

October 24, 2022 by Drew Meredith

A sustained rally in the energy sector, which finished 2 per cent higher on Friday, wasn't enough to reverse broader losses with the S&P/ASX200 ultimately finishing 0.8 per cent lower.The...

Bonds make life difficult for shares

October 21, 2022 by Drew Meredith

Thursday saw a retreat from the benchmark S&P/ASX 200 Index, which dropped 69.4 points, or 1 per cent, to 6370.7 points, while the broader All Ordinaries Index surrendered 81.1 points,...

Solid effort from Aussie market

October 20, 2022 by Drew Meredith

The Australian share market backed-up its Tuesday effort with a solid performance on Wednesday, with the benchmark S&P/ASX200 index gaining 20.9 points, or 0.3 per cent, to 6,800.1, while the 500-stock All...

Resources lead local bourse

October 19, 2022 by Drew Meredith

A strong lead-in from Wall Street gave solid impetus to the Australian market on Tuesday, and the result was a lift of 114.8 points, or 1.7 per cent, in the...

Aussie market starts new week on a downer

October 18, 2022 by Drew Meredith

An ugly 2.4 per cent slide in the S&P 500 index on Wall Street at the weekend was never going to give the Australian market a boost as it opened...

Global rally supports market, energy, financials jump on UK caution

October 17, 2022 by Drew Meredith

The S&P/ASX200 managed to offset the majority of the week's losses on Friday, finishing 1.8 per cent higher on the back of a significant jump in the energy and utilities...

Banks, Qantas pace market ahead of inflation data, ELMO jumps on private equity interest

October 14, 2022 by Drew Meredith

The local market overcame selling pressure ahead of awaited US inflation data to post a small loss of 0.1 per cent.The financials sector was the standout, gaining 1.4 per cent,...

Bank of Queensland boosts market, energy declines, GM buys into Queensland Pacific

October 13, 2022 by Drew Meredith

The local sharemarket managed to overcome global weakness, posting a 2.5 point gain behind a significantly rally in the financial sector, up 1.9 per cent.The property sector also added 1...

Local market weakens, as guidance flows in, Platinum outflows continue

October 12, 2022 by Drew Meredith

The S&P/ASX200 continued to weaken as the guidance flows in from numerous sectors of the economy.The industrials sector was the rare highlight, gaining 0.4 per cent, with the energy and...

Market weakens on US recession risk, Tabcorp acquisition, gold stocks hit

October 11, 2022 by Drew Meredith

The local market opened the week on a negative note, with the threat of US recession sending every sector lower.The rate sensitive sectors were the hardest hit, with utilities falling...

Market caps best week in two years, GQG outflows, AGL board members cut

October 10, 2022 by Drew Meredith

The local sharemarket finished the week on a negative tone, falling 0.8 per cent, but it wasn't enough offset the exuberance on Tuesday.Only the energy sector managed to post a...

Market flat, OPEC+ cuts boost energy, utilities, institutions leave Magellan

October 7, 2022 by Drew Meredith

The local market finished just 2 points higher today, all but a rounding error, as gains in the energy and utilities sectors, up 2.2 and 1.1 per cent, offset losses...