ASX – Page 5 – The Inside Adviser

RBA slows rate hikes, market surges in response, oil, materials lead the way

October 5, 2022 by Drew Meredith

The local sharemarket delivered it's best one day return since the worst of the pandemic, with the S&P/ASX200 gaining 2.6 per cent on Tuesday.The move was driven by a slight...

Market awaits RBA decision, energy, utilities rally, Core Lithium raises capital

October 4, 2022 by Drew Meredith

The local sharemarket finished 0.3 per cent lower to begin the new quarter, with strength in the utilities, energy and property sectors not enough to offset broader weakness in the...

Resources lift local market

September 30, 2022 by Drew Meredith

The energy sector powered the Australian sharemarket on Thursday, with a 2.8 per cent gain on the back of the apparent sabotage of the Nord Stream sub-sea pipelines linking Europe and Russia....

Local market back in the green

September 28, 2022 by Drew Meredith

After three consecutive losing days, the Australian sharemarket turned northward again on Tuesday, led by the resources stocks. After being scorched on Monday, the ASX's coal and lithium stocks rallied...

Resources, energy drag market lower

September 27, 2022 by Drew Meredith

With the worst losses in two years for the ASX's mining and energy sectors, there was no way that the Australian share market's major indices were gaining ground yesterday, and...

Aussie market catches mining fever

September 21, 2022 by James Dunn

The benchmark S&P/ASX 200 index rose 86.5 points, or 1.3 per cent, on Tuesday to 6,806.4 points, while the broader All Ordinaries gauge added 81.4 points, or 1.2 per cent,...

Aussie market eases to two-month low

September 20, 2022 by Drew Meredith

Utilities and tech shares dragged the S&P/ASX 200 lower on Monday, as the benchmark lost 19.2 points, or 0.3 per cent, to 6,719.9 points, its lowest closing level in two...

Energy reversal hits market, inflation drags ASX lower, Atlas Arteria falls

September 19, 2022 by Drew Meredith

It was a sea of red on the S&P/ASX200, with the market closing down 1.5 per cent on Friday, resulting in a 2.1 per cent loss for the week.A reversal...

ASX gains on energy, coal, Woodside’s Paris ambitions, Tyro’s new CEO

September 16, 2022 by Drew Meredith

The Australian sharemarket managed to follow the US, posting a gain of 0.2 per cent on Thursday with the energy sector leading the way, up 3.7 per cent.New Hope (ASX:NHC)...

Market sinks on US inflation, property, tech lead selloff, Atlas capital raising

September 15, 2022 by Drew Meredith

The local market fared better than global shares on Wednesday, falling 2.6 per cent in comparison to the 5 per cent drop in the Nasdaq.There was red across the board,...

Four straight winning days, consumer, property sectors outperform, Ramsay deal cut

September 14, 2022 by Drew Meredith

The local market managed a fourth straight day of gains, adding 0.6 per cent behind a strong performance from the property and consumer facing sectors.Property finished 1.7 per cent higher...

Commodity prices boost local market

September 13, 2022 by Drew Meredith

Australian shares advanced for a third straight day on Monday, driven by the materials sub-index, which rode rising commodity prices to a 2.2 per cent gain. The S&P/ASX 200 benchmark...

RBA spurs market to gain, Mineral Resources rockets, Nuix jumps

September 12, 2022 by Drew Meredith

The local market was buoyed to a significant 1 per cent gain for the week, following a strong day on Friday.The 0.7 per cent gain was driven by the energy...

RBA speech boosts market, Link deal set to proceed

September 9, 2022 by Drew Meredith

The Australian sharemarket surged in the afternoon, gaining more than 1.6 per cent after the Reserve Bank Governor flagged a more cautious approach to future rate rises. Every sector finished...

Market retreats, healthcare, currency boost, Metcash upgrades

September 8, 2022 by Drew Meredith

The Reserve Bank of Australia's aggressive pursuit of a neutral interest rate policy setting has offered a challenging backdrop to the sharemarket this week, with the S&P/ASX200 falling 1.4 per...

Rate Rises the New Normal

September 7, 2022 by Drew Meredith

After a positive start, the local market turned tail after the Reserve Bank board lifted the cash rate target by 50 basis points to 2.35 per cent, its highest level...

Energy woes power local market

September 6, 2022 by Drew Meredith

Energy powered the Australian market higher on Monday, with a 4 per cent rise in the S&P/ASX 200 Energy index at the heart of market sentiment, as oil, gas and...

Market weakness continues on bond yields, Suez Canal blocked again, BHP goes ex

September 2, 2022 by Drew Meredith

The local sharemarket continued its recent weakness, falling another 2 per cent for the first day of spring. Australia's largest company, BHP (ASX:BHP) was the biggest detractor falling 7.6 per cent, or...

Wealth platforms failing for advisers: Research

August 15, 2022 by Ishan Dan

Findings from the 2022 Adviser Technology Needs Report highlight the need for a better investment platform system

Diverger forced to walk away from Centrepoint takeover bid after talks fail to progress

August 11, 2022 by Ishan Dan

A merger that would have created the third largest licensee is cancelled.