Investment
Daily Australian and global market wrap covering equities, bonds, currencies, and the news driving investor sentiment.
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. ...
China woes weigh on local market
The Australian share market’s major indices dropped on Monday and the Australian dollar slipped to a nine-month low, after a Chinese developer’s...
Local market (ASX:XAO) weakens, but posts winning week, Star surges on tax ruling, Boral the highlight
Winners were few and far between on the share market (ASX:XJO on Friday, with the benchmark finishing 0.2 per cent lower, with only the retail and healthcare...
Strike action pushes LNG price higher
The Australian share market rose in a muted fashion on Thursday, assisted by the energy sector as a potential strike by Western Australian gas workers helped...
CBA strength helps market over China woes
A post-result bounce in Commonwealth Bank helped lift the Australian share market on Wednesday, despite renewed worries about a softening Chinese economy,...
Indices stay anchored on Aussie market
The Australian sharemarket eked out a tiny gain in terms of the benchmark S&P/ASX 200 Index on Tuesday, with the gauge lifting 1.9 points to 7,311.1, while...
Earnings, US inflation weigh on market
The local share market slipped on Monday ahead of US inflation numbers on Thursday, and as Australia’s first full week of earnings season kicked...
ASX dips on healthcare, earnings, Mesoblast tanks on FDA queries, Block hit by growth
The local market (ASX:XJO) managed a 0.2 per cent gain on Friday, overcoming significant weakness in the healthcare sector, which fell 1.2 per cent. Broader...
What goes up, must come down - depending on the time horizon.
The S&P/ASX 200 fell by -1.3%, and the All Ordinaries declined by -1.2% as markets consolidated gains and absorbed news across borders...