nasdaq – Page 9 – The Inside Adviser

Tech sinks local market, Commonwealth Bank profit up, Bitcoin ETF launches

May 13, 2022 by Drew Meredith

The technology sector all but sunk the local market today with the S&P/ASX200 sinking 1.8 per cent on the back of an 8.2 per cent fall in the sector.Every other...

Market rallies off lows, Asia turns, Magellan hires new CEO

May 12, 2022 by Drew Meredith

The domestic market managed to eke out a small gain, recovering from as much as 1 per cent down to send the S&P/ASX200 0.2 per cent higher on Wednesday.Positive signs...

Local stocks fight back, weight of numbers push market lower, Pendal’s surprise

May 11, 2022 by Drew Meredith

The local sharemarket followed global markets lower, with the S&P/ASX200 opening as much as 2.5 per cent lower.The day's trade was a story of the weight of numbers, with every...

Stocks down as China extends lockdown, property, tech selloff, Westpac reports

May 10, 2022 by Drew Meredith

There are few signs that the global selloff is slowing down, with a weak US lead on Friday contributing to another 1.2 per cent fall on the S&P/ASX200.The threat of...

Selloff worsens, every sector lower, tech slumps, Macquarie delivers bumper profit

May 9, 2022 by Drew Meredith

The local market closely followed the global lead with the S&P/ASX200 experiencing its worst session since Russia invaded Ukraine.All 11 sectors of the market were lower with technology and real...

Mining and energy boost market

May 6, 2022 by Drew Meredith

The Australian share market followed Wall Street on Thursday, sharing the American market's optimism that the Federal Reserve could tame inflation without triggering a recession.The benchmark S&P/ASX 200 index finished...

First day of new interest-rate environment was a slight downer for Australian share market.

May 5, 2022 by Drew Meredith

The first day of a new interest-rate environment was a slight downer for the Australian share market, with the benchmark S&P/ASX 200 easing 11.5 points, or 0.2 per cent, to...

Interest rate rise hits Aussie market

May 4, 2022 by Drew Meredith

The first interest rate hike in Australia in 11-and-a-half years took centre stage on the Australian markets yesterday.The Reserve Bank of Australia (RBA) lifted the cash rate by 25 basis...

ASX gains but down for the week, every sector rallies, Kogan tanks, Origin up on energy prices

May 2, 2022 by Drew Meredith

The domestic market continues to outperform our global peers, with the S&P/ASX200 gaining 1.1 per cent on Friday, but still finishing the week 0.5 per cent lower.Every sector was higher,...

Market down on inflation fears, AMP sells to Dexus, Life360 tanks

April 28, 2022 by Drew Meredith

The local sharemarket followed a weak global lead, falling 0.8 per cent on Wednesday but with the fear spreading to broader sectors of the market.In the opposite to yesterday's trade,...

China lockdowns hit sharemarket, materials, energy slump, EML tanks

April 27, 2022 by Drew Meredith

News that Beijing was set to follow Shanghai into massive lockdowns to avert the threat of Omicron sent global share markets into a shockwave in this shortened week.The S&P/ASX200 fell...

Market rally sustained, NZ inflation hits 30 year high, Challenger, Brambles surges on upgrade

April 22, 2022 by Drew Meredith

It was another positive day for the local sharemarket with retreating bond yields and more positive stock-specific news sending the S&P/ASX200 another 0.3 per cent higher.In a surprising turn, both...

Market flat as commodities fall, Ramsay’s massive payday, Santos announces buyback

April 21, 2022 by Drew Meredith

It was a flat day for the local bourse, with the S&P/ASX200 managing to deliver a gain of just four points or 0.05 per cent as the dualling pull of...

Market rallies despite rate hike discussion, City Chic tanks, AMP nearing sale

April 20, 2022 by Drew Meredith

The shortened week has begun positively with the S&P/ASX200 gaining 0.6 per cent despite lower-than-normal volumes.The release of the RBA's policy meeting minutes dominated the conversation with commentary around the...

Market falls as yield surge, oil price hit, gold miners shine

April 13, 2022 by Drew Meredith

It was another weak day for the local market with every major sector falling on Tuesday and dragging the S&P/ASX200 down another 0.4 per cent.The primary driver remains the oil...

Market reverses early gains, bond yield hits 3 per cent, GrainCorp jumps

April 12, 2022 by Drew Meredith

It was another volatile day for the S&P/ASX200, with the market trading significantly higher before reversing gains to finish up just 0.1 per cent.The market and individual sectors continue to...

Market weakens as unwind looms, Platinum hits record low, GrainCorp surge continues

April 11, 2022 by Drew Meredith

A strong rally to close out the week, with the S&P/ASX200 finishing 0.5 per cent higher, wasn't enough to offset downward pressure during the week, with the market ultimately losing...

Tech pushes market lower, Magellan jumps despite outflows, defensives the standout

April 8, 2022 by Drew Meredith

The threat of quantitative tightening extended to Australia on Thursday, with the S&P/ASX200 being dragged down another 0.6 per cent almost solely due to the technology sector.Just three sectors finished...

RBA ‘losing patience’, market pulls back from all-time high, iron ore surge

April 6, 2022 by Drew Meredith

Tuesday was a similarly strong day for the Australian market, with the S&P/ASX200 moving within 1 per cent of an all-time high; despite the incredibly difficult geopolitical backdrop.That was until...

Fund manager merger, commodity rally stokes market, China turning the corner

April 5, 2022 by Drew Meredith

April has begun just as March finished, with the domestic market rallying on what was generally stock-specific news.The S&P/ASX200 gained 0.3 per cent despite a broad spread of performances, with...