Investment
Daily Australian and global market wrap covering equities, bonds, currencies, and the news driving investor sentiment.
The ASX rises buoyed by Australian Big Banks and Technology
The S&P/ASX 200 closed 0.8% higher on Monday aligning with a surge in US equities that propelled the S&P 500 to new record highs last week. However,...
ASX pushes higher, spurred on by optimism in US Markets
Australian stocks surged on Friday, breaking a four-day losing streak, following a robust US labour data report that instilled optimism in the economy and...
Australian sharemarket slides across the board
It was a comprehensive setback for the Australian sharemarket on Tuesday, with all sectors ending the session in the red. The benchmark S&P/ASX 200...
Uranium gives the local market a glow
Uranium and gold miners led the way on Monday on the Australian sharemarket, but slumping lithium producers tempered that enthusiasm, as did the big bulk...
It’s been a remarkable year for the Australian share market, approaching all-time highs
The S&P/ASX 200 dropped 0.4 per cent, stepping back from its 10-month high recorded the day before! Most sectors, including technology and real estate,...
The Santa Rally continues, as the Australian market continues its ascent
The S&P/ASX 200, surged by 0.7 per cent with 10 of its 11 sectors showing gains, the index stands merely 1.3 per cent below its peak in August 2021....
The Australian market pushes forward, with broad-based gains
The S&P/ASX 200 rose by 0.8 per cent, showing widespread growth across all 11 sectors as hopes for 2024 rate cuts emerged. The index is now just 1.9 per...
Real Estate drags the Australian market lower, and merger/acquisition activity heats up
The S&P/ASX 200 dipped down 0.2 per cent, as eight out of the 11 sectors ended in negative territory. The real estate sector, sensitive to interest rates,...
Sigma goes skyward
Australia’s sharemarket pushed higher on Wednesday, as the big miners tracked iron ore prices higher. At the close the S&P/ASX 200 was up 23.8 points, or...
Takeover talk fails to inspire Australian market
The Australian market retreated on Thursday, but in a barely noticeable manner; the benchmark S&P/ASX 200 slipped 5.1 points to 7,173, while the broader...
Economic data sparks Australian market
The Australian sharemarket had its biggest one-day rally in more than a year on Wednesday as traders raised their bets on the Reserve Bank cutting interest...