dow jones

The trends of the last two weeks look to set to accelerate for the rest of March with the S&P/ASX200 following the lead of US futures to fall another 1 per cent to open the week. As has been the case since the invasion of Ukraine began, the energy sector remains the biggest beneficiary gaining 5.3 per cent with Woodside (ASX:…

News that the Russian invasion of Ukraine had resulted in a fire at one of the country’s many nuclear reactors sent shockwaves through global markets, with Fukushima returning to front of mind. Shares in Paladin (ASX: PDN) bore the brunt, falling 14 per cent but trading as much as 25 per cent lower, as investors once again…

The Government bond market is now experiencing more volatility than the equity market, with the Australian 10-year yield increasing 10 basis points today, whilst the S&P/ASX200 gained 0.5 per cent once again. Just four of the 11 key sectors were lower, led by Consumer Staples, which fell 2.3 per cent, primarily due to Coles (ASX: COL) moving to ex-dividend and…

President Biden delivered his annual State of the Union address during the session, with strong commentary around Ukraine and targeted investment into domestic manufacturing capacity supporting US futures and ultimately pushing the S&P/ASX200 up another 0.3 per cent. Despite the positive day, seven of the 11 major sectors were down with cyclical companies in the property and the…

The Australian share market continued the post-invasion recovery, with the S&P/ASX200 gaining 0.7 per cent to begin the month of March; this comes after finishing February just 1.1 per cent higher. The technology sector was the biggest contributor with Block (ASX: SQ2) gaining 12.7 per cent, sending the sector 5.7 per cent higher despite a 6 per cent fall in…

Rumours that Russia and Ukraine were being encouraged to come to the table for peace discussions supported the market on Monday, with the S&P/ASX200 gaining 0.7 per cent. Mining, materials and energy remain the biggest contributors as the conflict raises questions around supply chains, with the former adding 3.0 per cent and the latter 1.4 per cent….

The Australian sharemarket followed a strong global lead, finishing 0.1 per cent higher taking the weekly loss to just 4.3 per cent despite the war in Ukraine. On Friday, it was the technology sector that outperformed, gaining over 8 per cent, almost entirely due to a 32 per cent surge in Afterpay’s new owner Block (ASX: SQ2) which was a…

Global sharemarkets were shaken by the inevitable news that Russia had finally attacked various targets in Ukraine, all but declaring war on the nation. Whilst the implications are likely to be localised, the impact on the oil price and its role within the global economy will be felt far and wide. In a positive for…

The Australian market overcame increasingly weak global sentiment to post a gain of 0.6 per cent on Wednesday. Whilst the events in Ukraine and associated impacts on the price of energy remain a major concern, another bumper day for reporting season pushed the market higher, with the technology and communication sectors faring best. WiseTech (ASX: WTC)…

The unexpected run of earnings and profit surprises in 2021 wasn’t enough to offset geopolitical concerns from Russia, sending the S&P/ASX200 down 1 per cent on Tuesday. The losses remain focused around the higher valued IT and discretionary sectors, which were down 3.2 and 2.7 per cent respectively. Energy has been the biggest beneficiary given Russia’s key…