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ASX hit as US rattled, Boral takeover offer, Rex clarifies misstatement The ASX200 (ASX:XJO) followed a global lead lower, falling 1.1% at the open and remaining in negative territory throughout the day. The IT sector was the hardest hit, falling 4.2%, and acting very much like a leveraged proxy for the US Nasdaq index. The key detractors were Afterpay (ASX:APT) and Zip…
Mixed day but higher finish, new highs for stalwarts, Woolworths disappoints The ASX200 (ASX:XJO) managed another small gain, adding 0.3%, powered ahead by the technology sector; Afterpay (ASX”APT) and Zip Co (ASX:Z1P) adding 3.5% and 2.5% respectively. With half the sectors down, it was the consumer businesses that were the biggest detractors, Woolworths (ASX:WOW) falling 3.9% after delivering lackluster third quarter sales figures….
Lockdown 3.0, ASX finishes 0.5% lower, Baby Bunting (ASX:BBN) riding COVID-19 boom The ASX200 (ASX:XJO) finished 0.6% lower on Friday, dragging the market to 0.5% for the week. The news of the day was the snap five-day lockdown in Victoria, which naturally sent the industrials sector to significant losses, Qantas (ASX:QAN) fell 4.8% and Webjet (ASX:WEB) 3.9%. Over the week, it…
It’s back: US markets down over 4%, dividends the story of the day, a deal with the devil The ASX 200 (ASX:XJO) finished another 0.8% higher, with everything but the IT, materials and utilities sectors adding to the rally. As reporting season comes to an end, dividend payments are driving daily movements with BHP Group…
August gains lost in a day, QBEs culture crisis, RBA looking dovish, higher open ahead With reporting season complete, markets are once again turning to economic data and vaccine hopes. It wasn’t a great start to Spring, with the ASX 200 (ASX:XJO) falling 1.8% and giving back nearly all the gains achieved in August. The…
It was a mixed day for the market, the ASX 200 (ASX:XJO) finished 0.2% higher despite trading up as much as 0.8% during the day.
