Investment
Daily Australian and global market wrap covering equities, bonds, currencies, and the news driving investor sentiment.
Market (ASX:XAO) sinks despite GDP data beat, oil rallies on supply cuts
The local share market weakened again on Wednesday, with the All Ordinaries down 0.7 and the S&P/ASX 200 (ASX:XJO) falling 0.8 per cert as seven sectors...
ASX (ASX:XAO) down on RBA, GDP outlook, Origin, Qantas struggle
The local share market closed broadly flat on Tuesday, with both the S&P/ASX200 (ASX:XJO) and All Ordinaries falling 5 and 9 points respectively. The...
Market (ASX:XAO) gains on Liontown bid, Qantas continues to sink
The local sharemarket started the week strongly, with the All Ordinaries (ASX:XAO) managing a 0.5 per cent gain, and the S&P/ASX200 (ASX:XJO) up 0.6 per...
Market (ASX:XJO) hit on Qantas, Fortescue woes, China stimulus boosts sentiment
Both the All Ordinaries (ASX:XAO) and S&P/ASX200 (ASX:XJO) fell 0.4 per cent on Friday, but still managed to deliver a 2.3 per cent gain for the week....
Whitehaven and Woodside go ex-dividend.
The S&P/ASX 200 index concluded up 0.1 percent and the All-Ordinaries index performed even better, edging up by 0.15 percent. The...
Inflation figures moderate downward, as 9 of 11 sectors lift.
The S&P/ASX 200 concluded up 1.2 percent, and the All Ordinaries also rose by 1.2 percent. Australia’s monthly consumer price...
Iress plummets an astonishing 36% after selling its managed funds business.
The S&P/ASX 200 finished lower on Monday down 0.5%, mirroring the subdued sentiment across Asia due to China’s central bank delivering a rate cut...
Rate hike forecasts simmer down as employment and wage growth numbers soften
Recently released wages data increases the likelihood the RBA will pause its rate hiking campaign for the near term, economists say. A soft landing for the...
Australian materials slump for the week, amid weak economic data out of China
The S&P/ASX 200 eked out a mere 2.1 points increase on Friday, which helped reduce its weekly decline to 2.6%. This marks the most significant...
Higher-than-expected US retail spending hits Australia.
The S&P/ASX 200 Index plummeted -1.5 percent on Wednesday, reaching its lowest point in a month as all 11 sectors fell off the back of stronger...
Healthcare heavyweights boost local market
The local share market has finished higher, helped by gains from healthcare companies CSL and Cochlear as they delivered upbeat profit results. ...