nasdaq – Page 11 – The Inside Adviser

Tech powers market higher, quality in focus, Zip raises $148 million

March 2, 2022 by Drew Meredith

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...

ASX grinds out another gain, materials surge on supply uncertainty, Zip buys Sezzle

March 1, 2022 by Drew Meredith

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...

Market steadies as tech surges, Harvey Norman, Kogan report

February 28, 2022 by Drew Meredith

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...

Market falls as Russia enters arm conflict with Ukraine, Cimic surges, Appen tanks

February 25, 2022 by Drew Meredith

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...

Strong reports overcome Russia concerns, IT, comms send market higher, Woolies cuts dividend

February 24, 2022 by Drew Meredith

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...

ASX falls as Russia enters Ukraine, Cochlear, Hub 24 jump on upgrades

February 23, 2022 by Drew Meredith

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...

US-Russia talks soothe market, Cannon-Brookes in AGL bid, Tyro tanks

February 22, 2022 by Drew Meredith

The Australian sharemarket looked to be succumbing to overseas weakness on Monday, falling as far as 0.7 per cent before rebounding in the afternoon, to gain 0.2 per cent for...

Three-week high for Aussie market, enjoy it while you can

February 18, 2022 by Drew Meredith

Surges from CSL and BHP powered the Australian sharemarket to a three-week high on Thursday - but the market is likely to struggle today following overnight falls in the US. Australia's benchmark S&P/ASX 200 Index gained...

Earnings help push local market higher

February 17, 2022 by Drew Meredith

Healthy earnings results from the likes of CSL, Treasury Wine Estates and Pro Medicus helped to push the Australian sharemarket higher on Wednesday, offsetting losses from the major resource stocks as iron...

BHP cash river pours onto market

February 16, 2022 by Drew Meredith

Tuesday's market highlight came before the opening, when diversified miner BHP reported a bumper half-year result.Strong commodity prices - in particular, record iron ore and coking (steelmaking) coal prices, and buoyant copper...

Aussie market pushes higher, against trend

February 15, 2022 by Drew Meredith

The Australian sharemarket pushed higher on Monday, led by the resources stocks, as petroleum producers gained on fears of an imminent Russian invasion of Ukraine and gold miners rose on...

Market takes backward step, Magellan’s struggles continue

February 14, 2022 by Drew Meredith

A promising February on the Australian ran into a roadblock on Friday, with the benchmark S&P/ASX 200 Index surrendering 71.2 points on the day, or 1.0 per cent, to 7217.3 points.While that...

Market rides NAB profit, keeps February rise going

February 11, 2022 by Drew Meredith

After a bruising 6.4% loss in January, the Australian share market is trying to pick up the pieces, with Thursday being its sixth positive session in eight trading days so...

ASX rally continues, CBA boosts dividend, Mineral Resources falls

February 10, 2022 by Drew Meredith

The S&P/ASX200 continued a recent strong run gaining another 1.1% on Wednesday with Commonwealth Bank (ASX: CBA) a key contributor. The financial and technology sector are seeing strong support as earnings season steps up another...

Market recovers ground, Macquarie delivers record quarter, iron ore surge continues

February 9, 2022 by Drew Meredith

The S&P/ASX200 recovered the ground lost on Monday, increasing 1.1% on Tuesday as the iron ore price showed no signs of slowing down. Having oscillated between a new commodity supercycle and a bear...

Market recovers during the day, Douglass takes leave, Graincorp upgrade

February 8, 2022 by Drew Meredith

The S&P/ASX200 managed a solid fightback during the session falling as much as 1% at the open but finishing down just 0.1% for the day. There were only three sectors higher, being energy, materials...

ASX breaks three-week losing streak, REA beats, Boral goes ex-capital return

February 7, 2022 by Drew Meredith

The S&P/ASX200 looked beyond the sharp selloff in technology stocks overnight to post a 0.6% gain on Friday. The result was broad-based with almost every sector higher, with materials, energy and technology all finishing over...

ASX falls as tech tanks, Westpac profit flat, Xero, Novonix slump

February 4, 2022 by Drew Meredith

The S&P/ASX200 fell throughout the day, finishing 0.1% lower with all eyes on the Morningstar Investment Conference. The technology sector carried most of the selling pressure, falling 5.9% in a single session, with utilities and materials the...

ASX rallies on strong global lead, Amcor sales slow, ERA’s big clean up

February 3, 2022 by Drew Meredith

It was another strong day for the S&P/ASX200, overcoming negative sentiment around valuations and inflation to deliver another 1.2% gain. Almost every sector finished higher, with utilities the primary underperformer after Origin Energy (ASX:...

Market gains on RBA hold, Boral delivers big capital return, ELMO upgrades

February 2, 2022 by Drew Meredith

It was another positive day for the market, with the S&P/ASX200 gaining 0.5% after the Reserve Bank confirmed it would be taking no action on rates once again. Concerns about a slowdown in global growth...