sharemarket – Page 9 – The Inside Adviser

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 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...

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...

ASX gains for third week, energy weakens, BHP, lithium stocks drive market

April 4, 2022 by Drew Meredith

The Australian market continues to defy weakening market sentiment, falling less than 0.1 per cent on Friday with the S&P/ASX200 ultimately gaining 1.2 per cent and delivering a third straight...

ASX falls to finish the quarter, Tabcorp demerger steps up, surge in job vacancies

April 1, 2022 by Drew Meredith

The Australian market managed to finish the quarter 0.7 per cent high in price terms, but down just over 1 per cent on an accumulation basis.This was despite the market...

ASX closes on breakeven, Telstra CEO steps down, lithium, technology surge

March 31, 2022 by Drew Meredith

In what can only be described as a remarkable turnaround, the domestic sharemarket is closing in on breakeven for 2022, with the S&P/ASX200 gaining another 0.7 per cent on Wednesday.A...

ASX hits two month high, Premier disappoints, healthcare under pressure

March 28, 2022 by Drew Meredith

The Australian market remains resilient to the threat of higher energy prices with the S&P/ASX200 gaining another 0.3 per cent to finish the week.The result was driven by a rally...

Crown not fit but retains license, ASX higher on utilities, ANZ’s digital dollar

March 25, 2022 by Drew Meredith

The local market managed to eke out another small gain on Thursday finishing 0.1 per cent higher powered by the utilities sector which gained 2.6 per cent.The sector is benefitting...

ASX rallies on commodities, Ramsay Asia under offer, Macquarie profit to surge

March 23, 2022 by Drew Meredith

The Australian sharemarket continues to overcome weak sentiment, gaining 0.9 per cent to take the S&P/ASX200 to a two-month high.The market is set to deliver the largest quarterly outperformance against...

Market weakens as Ukraine impasse continues, Block surges, Qube announces buyback

March 22, 2022 by Drew Meredith

Market weakens as Ukraine impasse continues, Block surges, Qube announces buybackIt was looking like another strong day for the market with the S&P/ASX200 trading positively throughout most of the session,...

ASX surges on Chinese outlook, Ukraine talks, tech rally continues

March 18, 2022 by Drew Meredith

It was another strong day for the local market with the S&P/ASX200 gaining 1.1 per cent primarily due to a strong global lead.The Chinese Hang Seng continued its strong recovery gaining close...

Market gains on oil price fall, travel stocks jump, Magellan rallies on buyback

March 17, 2022 by Drew Meredith

The tanking oil price has offered relief to the share market but will likely take some time to spread into the price of fuel, with the S&P/ASX200 gaining 1.1 per cent on...

Market weakens on Chinese lockdowns, commodity demand, Uniti jumps on bid

March 16, 2022 by Drew Meredith

It was another difficult day for the domestic market with the Nasdaq entering a bear market and Chinese technology continuing to selloff putting further pressure on sentiment and the ASX's...

Financials push market higher, Fed meeting ahead, Gor leaves Pendal

March 15, 2022 by Drew Meredith

The Australian share market has remained remarkably resilient despite the broadening sanctions against Russia and greater economic implications, with the S&P/ASX200 finishing 1.2 per cent higher on Monday, a public holiday in...

ASX surges on energy weakness, travel sector bounces, Sydney cash delivered

March 11, 2022 by Drew Meredith

It was another strong day for the S&P/ASX200 (ASX: XJO) with the market looking through challenging headlines and volatility towards what will otherwise be a resurgent economy.The market finished 1.1 per cent...

Market rallies despite volatile backdrop, technology outperforms, Origin buyback

March 10, 2022 by Drew Meredith

The S&P/ASX200 (ASX: XJO) has delivered another positive day despite the incredibly negative backdrop with issues ranging from inflation to commodity price uncertainty and the Ukraine invasion.The market finished 1 per cent...

Market weakens, defensive stocks outperform, Nickel up 100 per cent in two days

March 9, 2022 by Drew Meredith

The selling pressure continued on Wednesday with the S&P/ASX200 falling 0.8 per cent as uncertainty around the world continues to grow.Recent winners in energy and materials led the selloff down 3.6 and 3.3...

ASX down as oil nears US$140, AUD rallies, ‘pens down’ on AGL bid

March 8, 2022 by Drew Meredith

The trends of the last two weeks look to set to accelerate for the rest of March with the S&P/ASX200 following the lead of US futures to fall another 1 per cent...