Market overcomes rate hike to deliver gain, Appen, Credit Corp sink, mortgages fall
The local market has managed to overcome another 50-basis point rate hike by the Reserve Bank
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Market rally continues as bond yields fall to three-month low, Origin doubles revenue
The local sharemarket delivered another positive week for investors with the S&P/ASX200 gaining 0.8 per cent on Friday taking the weekly gain to 2.2 per cent.Added to last week's 2.8...
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Local market follows global lead, Atlas Arteria deal dumped, Macquarie’s bumper profit
It was another strong day for the local market with the S&P/ASX200 gaining 1 per cent on the back of a broad-based rally.Materials and energy remained the standouts, gaining 2.4...
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Stocks deliver best week since March, tech surge continues, Magellan boost
The S&P/ASX200 delivered the best week since March this year gaining 2.8 per cent despite weakening slightly on Friday.The driver has been a turnaround in the outlook for interest rates...
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Aussie market falls on commodity weakness, Pendal outflows jump, coal miners surge
The local market finished the week on a negative tone, falling 0.7 per cent and taking the five day loss for the S&P/ASX200 to 1.1 per cent.The biggest driver on...
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Tech rallies despite inflation data, unemployment hits 40 year low, assets fall at Netwealth and AE
The local market managed another positive finish, gaining 0.4 per cent backed by an unexpected rally in the technology sector.Nine of the 11 sectors gained, with technology 2.1 per cent...
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Local market gains, energy falls on oil price correction, ANZ to buy MYOB
It was another positive, but mixed, day for the local market with seven of the 11 sectors finishing higher and contributing to a 0.2 per cent gain.The dispersion between the...
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ASX manages gain, Zip cans Sezzle deal, Eagers upgrade, Lake hit by short seller
The local market managed to overcome increasingly negative global sentiment ahead of an important US earning season that begins later this week, finishing 0.1 per cent higher.The stalwart blue chips...
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Local market begins on weaker note, EML loses CEO, Costa flags citrus issues
The Australian market couldn't carry over a positive week for the US market, falling throughout the day to finish 1.1 per cent lower.There were very few highlights outside of the...
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China stimulus news good for markets
It was a solid week last week for the Australian market, advancing on four of the five days.The S&P/ASX 200 gained 138.1 points, or 2.1 per cent, for the week,...
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Miners help Aussie market
The benchmark S&P/ASX200 index finished at the highs of the day on Thursday, up 53.5 points, or 0.81 per cent, to 6648.0.The broader All Ordinaries rose 52.6 points, or 0.78...
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Local market fights commodity jitters
A tech rebound - possibly a dead-cat bounce - tried to drive the Australian market higher on Wednesday, but the concerns on commodity prices more than outweighed this.By the close,...
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Rate rise surprises no-one
As widely expected, the RBA raised the cash rate by 0.5 percentage points yesterday, taking it to 1.35%, as widely expected.This is the fastest back-to-back increase in rates since increases...
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Warning: interest rate rise ahead
The Australian share market ended in the green on Monday, despite investor skittishness ahead of today's Reserve Bank board meeting.The central bank is widely predicted to lift its cash rate...
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Market reverses gains, commodities, energy sink, Brambles cut CostCo deal
The Australian market started the session on a positive note, moving as much as 1 per cent higher on the first day of the new financial year but ultimately sank...
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Local market gains on earnings, Tassal gets a bid, BWX slumps
The local market managed to deliver another strong day, the S&P/ASX200 finishing 0.9 per cent higher.Five sectors were lower, albeit only slightly, with consumer discretionary the biggest detractor on concerns...
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Market buoyed by Wall Street, gold stocks tank, OZ Minerals downgrade
A positive lead from Wall Street, in which bad news on the economy became good news for stocks, resulted in the ASX gaining 1.9 per cent to begin the week.Every...
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ASX snaps losing streak, Qantas cuts debt, Vulcan surges on big deal
The local market has reversed two straight weeks of losses, posting a 0.8 per cent gain on Friday which took the S&P/ASX200 to a weekly gain of 1.6 per cent.The...
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Market overcomes lithium rout, Lake Resources continues to tank, property outperforms
The selloff in lithium stocks has returned once again, with the likes of Pilbara (ASX: PLS) and Liontown (ASX: LTR) pushing the commodities sector to a 1.5 per cent loss.Along...
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Market struggles to maintain gains, Crown Sydney approved, coal remains in focus
The positive sentiment couldn't be maintained on Wednesday with weakness in the technology and financial sectors sending a 0.5 per cent gain to a 0.2 per cent loss.Energy and utilities...
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