Investment
Daily Australian and global market wrap covering equities, bonds, currencies, and the news driving investor sentiment.
Australian miners drag the ASX lower
The Australian share market saw a decline driven by a slump in mining stocks, notably affected by a drop in iron ore value amid concerns about potential...
Market (ASX:XAO) rallies, but finishes week lower, energy, utilities in focus as Origin jumps
The Australian share market finished the week on a positive note, gaining 0.1 per cent, once again on the back of a rally in the energy and utilities sectors,...
Australian market tumbles with the oil price
On Thursday, the S&P/ASX 200 index fell 0.7 per cent primarily driven by a sell-off in energy companies, with eight of the 11 sectors falling,...
The Australian market falls, weighed down by financials and energy
The S&P/ASX 200 index dropped by 0.4 per cent with ten out of eleven sectors falling. The energy sector mirrored the softer oil prices, experiencing a...
A sea of red across Australian Equities on Friday
A sea of red was noted on Friday as with the ASX200 closing down -0.55 per cent, dragged by financials falling -0.9 per cent, impacted by the banking sector...
From Hero to Xero for tech star
From Hero to Xero for tech star Australian shares rose for the second straight day, with healthcare leading the way, and netting out a tech slump. The...
Tale of two telecoms
The Australian share market built on a solid lead-in from Wall Street, with the tech sector leading the way, up 1.9 per cent on the back of enthusiasm...
Cup Day rate rise as Governor Bullock debuts
The Australian dollar and bond yields slid after the Reserve Bank of Australia lifted the cash rate by 0.25 per cent on Melbourne Cup Day, to 4.35 per cent. It...
All Ords (ASX:XAO) gains on Fed rate pause, Origin sinks despite offer, banks surge
The local share market was buoyed by the Federal Reserve’s decision to keep rates on hold and hope that the RBA may do the same on Tuesday. The All...
Inflation surprise halts Australian indices in their tracks
Surprisingly high inflation data stopped the Australian market from consolidating early gains on Wednesday, turning the day into a stalemate in terms of the...
Miners lead Aussie market higher
It was a bounce-back session from the miners on the ASX on Tuesday, which helped the market gauges elevate slightly. The benchmark S&P/ASX 200 index added...