sharemarket – Page 11 – The Inside Adviser

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...

Market consolidates, Ansell tanks on downgrade, ARB jumps

February 1, 2022 by Drew Meredith

The S&P/ASX200 wasn't able to capitalise on the strong finish in the US on Friday, continuing to underperform the world's largest market falling 0.2%. Financials were the biggest detractor falling 1.8% with the...

Trees of green, volatility, bond yields fall, market rallies, ResMed reports

January 31, 2022 by Drew Meredith

Australian investors had some respite on Friday, as volatility disappeared and the S&P/ASX200 gained 2.2% to finish the week. There was little news driving the rebound, aside from perhaps the realisation that whilst...

ASX200 enters correction on Fed rate hike, energy, utilities outperform, Kogan tumbles again

January 28, 2022 by Drew Meredith

It was an eventful day in global markets, with the US indices initially trading higher after learning that the Federal Reserve were considering increasing the cash rate for the first...

Red everywhere, inflation data sends market lower, momentum stocks hardest hit

January 26, 2022 by Drew Meredith

The S&P/ASX200 opened the day reasonably well despite growing negativity in the markets ahead of the Federal Reserve's impending rate decision. But the release of Australian CPI data reversed that trend with the market...

Market defies selling pressure, Uniti on the market, Adairs slumps

January 25, 2022 by Drew Meredith

A spate of headlines over the week naturally put pressure on the S&P/ASX200 today, with the index falling 1% at the open but finding support throughout the day to finish down just...

ASX suffers worst week since 2020, every sector down, Nuix, Whitehaven report

January 24, 2022 by Drew Meredith

The S&P/ASX 200 suffered its worst week since 2020, finishing Friday 2.3% lower and losing 2.9% over the last five days. On Friday, every single sector on the market was lower, in fact...

ASX holds ground, gold miners surge, unemployment dips

January 21, 2022 by Drew Meredith

The S&P/ASX200 (ASX: XJO) managed a small gain, finishing 0.1 per cent higher despite 7 out of the eleven sectors finishing underwater today. The highlight of the session was the materials sector, which gained...

ASX down 1%, Megaport falls as tech weakness continues, Dixon in administration

January 20, 2022 by Drew Meredith

The S&P/ASX200 couldn't overcome another negative lead from the US, with bond rates and reporting season driving the market again. Only two of the markets 11 sectors posted a positive result, with technology continuing its...

JB HiFi shines on down day, materials real estate gain, Ampol profit jumps

January 19, 2022 by Drew Meredith

The S&P/ASX200 finished 0.1% lower as consumer confidence dropped over 7% to the lowest point since the vaccination announcement in November 2020. The market remains mixed with cyclical sectors including energy and materials,...

Energy, retailers push market higher, good news for AdBri, Wesfarmers trading update

January 18, 2022 by Drew Meredith

Energy, retailers push market higher, good news for AdBri, Wesfarmers trading update The S&P/ASX200 managed to start the week on a relatively strong footing with corporates awakening from their slumber to deliver...

China charting the course to carbon neutrality

January 13, 2022 by Ishan Dan

China is far and away the world's largest carbon dioxide emitter, accounting for close to 30% of global carbon emissions, according to the International Energy Agency (IEA) - double the...

ASX closes up 0.11%, Afterpay share price plummets

December 20, 2021 by Drew Meredith

Rates send markets lower, Magellan loses 'material' client, gold miners shine The local market benefitted from a strong overseas lead but managed to deliver a gain of just 0.1 per cent...

ASX finishes down 0.4 per cent as CSL drags

December 17, 2021 by Drew Meredith

Market weaker despite positive lead, unemployment falls, CSL down on acquisition The S&P/ASX200 (ASX: XJO) didn't follow global markets higher, finishing down 0.4 per cent as CSL (ASX: CSL) dragged...

Crypto platforms welcome Frydenberg’s regulations

December 16, 2021 by Ishan Dan

From being a 'crypto critic', Australia has quickly transformed itself to soon be a 'crypto leader' by proposing a framework for managing cryptocurrencies and crypto companies, in the biggest shakeup...

ASX falls 0.7%, Afterpay closes at 7-month low

December 16, 2021 by The Inside Adviser

Tech pulls market lower, deals galore across travel, property sectors The technology sector once again dragged the market lower, falling 2.6 per cent and pulling the market down 0.7 per cent...

ASX gains 0.3%; BHP closes at 3-month high

December 14, 2021 by The Inside Adviser

ASX gains on materials, real estate sector upgrades, Ramsay goes back to basics The S&P/ASX200 (ASX: XJO) managed another strong opening, gaining 0.4 per cent on Monday, ahead of the summer holiday slowdown...

Bell launches sustainable equity strategy

December 13, 2021 by Staff Writer

Melbourne-based global equity manager, Bell Asset Management, best known for its small and mid-cap equity strategies, has a launched a new 'sustainable' equity strategy. The Bell Global Sustainable Fund will...

Asset-backed securities in favour for floating-rate yield

December 13, 2021 by Ishan Dan

As we enter a post-Covid world, interest rates remain at all-time lows with seemingly no immediate respite. To compound matters, the Reserve Bank of Australia (RBA) has given "a very...

Subtle shifts highlight the new paradigm for fixed-income investors

December 13, 2021 by Drew Meredith

A quiet announcement from one of Australia's leading industry/union super funds at the beginning of December piqued my interest. The announcement came amid a busy week for investment announcements, with...