Investment
Daily Australian and global market wrap covering equities, bonds, currencies, and the news driving investor sentiment.
Sharemarket gains on tech, financials, AUB jumps on capital raise, AMP hit with more fines
The local sharemarket (ASX:XJO) finished 0.6 per cent higher on Friday, buoyed by a near 6 per cent gain in Xero (ASX:XRO) which pushed the technology sector...
ASX gains on growing unemployment, property jumps, KMD revenue soars.
The local market (ASX:XJO) managed a strong gain on Thursday, finishing 0.5 per cent higher, on news that the unemployment rate had jumped to 3.7 per cent from...
Local market lower on US debt ceiling worries
Global share markets are transfixed by the latest US debt ceiling crisis, and the Australian bourse is just like all of them – very much in wait-and-see...
Market doesn't like the plural
The Australian sharemarket finished lower on Tuesday as investors digested the prospect of further tightening by the Reserve Bank, after the minutes of the...
Mining heavyweights, gold diggers power index
There was not much change in the major share market indices on Monday, but they did end in the green; the benchmark S&P/ASX 200 index regained a small loss...
One day makes the week for Aussie market
Despite four straight losing days, the Australian share market’s benchmark S&P/ASX 200 index finished in the black for the week of 8—12 May,...
Lithium leads local market
Australian shares closed slightly weaker on Thursday, with the benchmark S&P/ASX 200 index finishing down 3.8 points at 7,251, while the broader All...
Budget bores bourse
The Australian sharemarket yawned on Wednesday when it came to factoring-in the Budget announced the previous night. The benchmark S&P/ASX200 index closed...
ASX weakens on property sector, US inflation data ahead, Comm Bank lifts profits
The local sharemarket took a breath ahead of another important US inflation print on Tuesday night with the S&P/ASX200 (ASX:XJO) falling 0.2 per cent on...
ASX gains despite global weakness, ANZ, Macquarie deliver record results, property outperforms
The local market managed a strong finish to the week, gaining 0.4 per cent on Friday, as ANZ Bank (ASX:ANZ) delivered a better than expected earnings result....
ASX overcomes NAB weakness, financials slump, gold miners surge again
The financial sector was the biggest detractor on Thursday, falling 2.5 per cent on the back of a weaker than expected profit result from the National...