sharemarket – Page 4 – The Inside Adviser

Local market making baby steps

October 26, 2022 by Drew Meredith

The Australian share market crept higher on Tuesday ahead of the second Budget statement of the year, with the benchmark S&P/ASX 200 Index adding 19.2 points, or 0.3 per cent, to 6798.6,...

Miners push market into the green

October 25, 2022 by Drew Meredith

The miners led the local market higher on Monday, with the S&P/ASX 200 Index advancing 1.5 per cent, or 102.6 points, to 6779.4, while the broader All Ordinaries gauge ended up 108.5 points, or...

Energy offsets losses, Adairs confirms, coal stocks at record levels

October 24, 2022 by Drew Meredith

A sustained rally in the energy sector, which finished 2 per cent higher on Friday, wasn't enough to reverse broader losses with the S&P/ASX200 ultimately finishing 0.8 per cent lower.The...

Banks, Qantas pace market ahead of inflation data, ELMO jumps on private equity interest

October 14, 2022 by Drew Meredith

The local market overcame selling pressure ahead of awaited US inflation data to post a small loss of 0.1 per cent.The financials sector was the standout, gaining 1.4 per cent,...

Bank of Queensland boosts market, energy declines, GM buys into Queensland Pacific

October 13, 2022 by Drew Meredith

The local sharemarket managed to overcome global weakness, posting a 2.5 point gain behind a significantly rally in the financial sector, up 1.9 per cent.The property sector also added 1...

Local market weakens, as guidance flows in, Platinum outflows continue

October 12, 2022 by Drew Meredith

The S&P/ASX200 continued to weaken as the guidance flows in from numerous sectors of the economy.The industrials sector was the rare highlight, gaining 0.4 per cent, with the energy and...

Market weakens on US recession risk, Tabcorp acquisition, gold stocks hit

October 11, 2022 by Drew Meredith

The local market opened the week on a negative note, with the threat of US recession sending every sector lower.The rate sensitive sectors were the hardest hit, with utilities falling...

Market caps best week in two years, GQG outflows, AGL board members cut

October 10, 2022 by Drew Meredith

The local sharemarket finished the week on a negative tone, falling 0.8 per cent, but it wasn't enough offset the exuberance on Tuesday.Only the energy sector managed to post a...

Market flat, OPEC+ cuts boost energy, utilities, institutions leave Magellan

October 7, 2022 by Drew Meredith

The local market finished just 2 points higher today, all but a rounding error, as gains in the energy and utilities sectors, up 2.2 and 1.1 per cent, offset losses...

RBA slows rate hikes, market surges in response, oil, materials lead the way

October 5, 2022 by Drew Meredith

The local sharemarket delivered it's best one day return since the worst of the pandemic, with the S&P/ASX200 gaining 2.6 per cent on Tuesday.The move was driven by a slight...

Market awaits RBA decision, energy, utilities rally, Core Lithium raises capital

October 4, 2022 by Drew Meredith

The local sharemarket finished 0.3 per cent lower to begin the new quarter, with strength in the utilities, energy and property sectors not enough to offset broader weakness in the...

Resources lift local market

September 30, 2022 by Drew Meredith

The energy sector powered the Australian sharemarket on Thursday, with a 2.8 per cent gain on the back of the apparent sabotage of the Nord Stream sub-sea pipelines linking Europe and Russia....

Local market back in the green

September 28, 2022 by Drew Meredith

After three consecutive losing days, the Australian sharemarket turned northward again on Tuesday, led by the resources stocks. After being scorched on Monday, the ASX's coal and lithium stocks rallied...

Resources, energy drag market lower

September 27, 2022 by Drew Meredith

With the worst losses in two years for the ASX's mining and energy sectors, there was no way that the Australian share market's major indices were gaining ground yesterday, and...

Aussie market catches mining fever

September 21, 2022 by James Dunn

The benchmark S&P/ASX 200 index rose 86.5 points, or 1.3 per cent, on Tuesday to 6,806.4 points, while the broader All Ordinaries gauge added 81.4 points, or 1.2 per cent,...

Aussie market eases to two-month low

September 20, 2022 by Drew Meredith

Utilities and tech shares dragged the S&P/ASX 200 lower on Monday, as the benchmark lost 19.2 points, or 0.3 per cent, to 6,719.9 points, its lowest closing level in two...

Energy reversal hits market, inflation drags ASX lower, Atlas Arteria falls

September 19, 2022 by Drew Meredith

It was a sea of red on the S&P/ASX200, with the market closing down 1.5 per cent on Friday, resulting in a 2.1 per cent loss for the week.A reversal...

ASX gains on energy, coal, Woodside’s Paris ambitions, Tyro’s new CEO

September 16, 2022 by Drew Meredith

The Australian sharemarket managed to follow the US, posting a gain of 0.2 per cent on Thursday with the energy sector leading the way, up 3.7 per cent.New Hope (ASX:NHC)...

Market sinks on US inflation, property, tech lead selloff, Atlas capital raising

September 15, 2022 by Drew Meredith

The local market fared better than global shares on Wednesday, falling 2.6 per cent in comparison to the 5 per cent drop in the Nasdaq.There was red across the board,...

Four straight winning days, consumer, property sectors outperform, Ramsay deal cut

September 14, 2022 by Drew Meredith

The local market managed a fourth straight day of gains, adding 0.6 per cent behind a strong performance from the property and consumer facing sectors.Property finished 1.7 per cent higher...