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  • Drew Meredith

Market (ASX:XAO) sinks despite GDP data beat, oil rallies on supply cuts

The local share market weakened again on Wednesday, with the All Ordinaries down 0.7 and the S&P/ASX 200 (ASX:XJO) falling 0.8 per cert as seven sectors fell by more than 1 per cent. The rare highlight was the energy sector, which gained 1 per cent on the back of the oil price surging above US$90…

Drew Meredith | 7th Sep 2023 | More
Financial Planner’s morning report – Market to open strongly as tech rally continues

Retailers at all-time highs, market to open strongly as tech rally continues The ASX 200 (ASX:XJO) fell another 0.8% today, as weaker than expected earnings result and more pessimistic view from the US Federal Reserve impacted sentiment. Most weakness came from the healthcare and financial sectors, representing a substantial portion of the market, however, the…

Drew Meredith | 21st Aug 2020 | More