sharemarket – Page 5 – The Inside Adviser

Commodity prices boost local market

September 13, 2022 by Drew Meredith

Australian shares advanced for a third straight day on Monday, driven by the materials sub-index, which rode rising commodity prices to a 2.2 per cent gain. The S&P/ASX 200 benchmark...

RBA spurs market to gain, Mineral Resources rockets, Nuix jumps

September 12, 2022 by Drew Meredith

The local market was buoyed to a significant 1 per cent gain for the week, following a strong day on Friday.The 0.7 per cent gain was driven by the energy...

RBA speech boosts market, Link deal set to proceed

September 9, 2022 by Drew Meredith

The Australian sharemarket surged in the afternoon, gaining more than 1.6 per cent after the Reserve Bank Governor flagged a more cautious approach to future rate rises. Every sector finished...

Market retreats, healthcare, currency boost, Metcash upgrades

September 8, 2022 by Drew Meredith

The Reserve Bank of Australia's aggressive pursuit of a neutral interest rate policy setting has offered a challenging backdrop to the sharemarket this week, with the S&P/ASX200 falling 1.4 per...

Rate Rises the New Normal

September 7, 2022 by Drew Meredith

After a positive start, the local market turned tail after the Reserve Bank board lifted the cash rate target by 50 basis points to 2.35 per cent, its highest level...

Energy woes power local market

September 6, 2022 by Drew Meredith

Energy powered the Australian market higher on Monday, with a 4 per cent rise in the S&P/ASX 200 Energy index at the heart of market sentiment, as oil, gas and...

Miners push market to poor week, financials bounce on Friday, AMP loses contract

September 5, 2022 by Drew Meredith

The local market capped off the worst week in several months, falling another 0.3 per cent and taking the weekly loss to 3.9 per cent.On Friday it was the financial...

Market weakness continues on bond yields, Suez Canal blocked again, BHP goes ex

September 2, 2022 by Drew Meredith

The local sharemarket continued its recent weakness, falling another 2 per cent for the first day of spring. Australia's largest company, BHP (ASX:BHP) was the biggest detractor falling 7.6 per cent, or...

ASX jumps as Woodside delivers bumper profit, building approvals tank, as energy prices surge

August 31, 2022 by Drew Meredith

The local market managed to overcome another weak global lead, gaining 0.5 per cent on Tuesday, with the energy sector a key support.Gaining 1.4 per cent on the back of...

Powell comments send market lower, Fortescue beats guidance, retail strength continues

August 30, 2022 by Drew Meredith

The local market followed an increasingly negative global lead, ultimately finishing 2 per cent lower. The sole driver was commentary from Federal Reserve Chair Jerome Powell from the Jackson Hole...

Two down, three up for the local market

August 29, 2022 by Drew Meredith

After two solid falls to start the week, the Australian market put three straight rises together by the end of Friday, to get itself back into the green for the...

Resources plays boost local market

August 26, 2022 by Drew Meredith

The Australian share market took a positive lead from US markets into Thursday and was also buoyed by Asia-Pacific news and earnings results.The benchmark S&P/ASX200 index gained 50 points, or...

Earnings results flow in apace

August 25, 2022 by Drew Meredith

After a two-day drop caused by interest rate jitters in global markets before the Jackson Hole Economic Policy Symposium this weekend, the S&P/ASX 200 index ended Wednesday 36.3 points, or...

Skittish market heads lower

August 24, 2022 by Drew Meredith

With a nervous mood prominent in the markets ahead of the Federal Reserve symposium this week, and earnings results pouring in, it was a difficult session for the local market...

Banks, miners lead market lower

August 23, 2022 by Drew Meredith

The benchmark S&P/ASX200 index finished Monday down 67.6 points, or 0.9 per cent, to 7046.9, in its worst session since July 11, while the broader S&P/ASX All Ordinaries lost 71.5...

Fossil fuels push market to fifth weekly gain, Ingham’s, TPS slump on weak earnings

August 22, 2022 by Drew Meredith

The local market brushed off a number of weaker earnings results to post the slimmest of gains, finishing 1.7 points higher on Friday.This took the S&P/ASX200 to a fifth straight...

Market retreats, Origin write-downs hit profit, Medibank hit by returns

August 19, 2022 by Drew Meredith

The Australian share market has experienced a similar reporting season trend to global markets with the trend being towards much better than expected results and far less volatility than predicted.The...

Market gains on huge day of reporting, CSL returns to profit, Santos delivers records

August 18, 2022 by Drew Meredith

The local market overcame a brisk selloff in giant healthcare group CSL (ASX: CSL) to post another 0.3 per cent gain.The consumer sectors were the key drivers, with staples and...

Rally continues, BHP delivers record dividend, Challenger profit slumps

August 17, 2022 by Drew Meredith

The Australian share market is showing few signs of slowing down, delivering another positive day with a 0.6 per cent gain.Daily moves are being driven by a generally positive reporting...

Market buoyed by rate outlook, earnings season accelerates, Nearmap gets a bid

August 16, 2022 by Drew Meredith

The local bourse opened the week on a positive note, gaining 0.5 per cent despite a more mixed day across the sectors.Energy and financials were the primary detractors falling 0.8...