Investment
Daily Australian and global market wrap covering equities, bonds, currencies, and the news driving investor sentiment.
Market peeved by rate hike
The Australian sharemarket fell after the Reserve Bank surprised markets with another interest rate hike, lifting the cash rate to 4.1 per cent. The...
Marker (ASX:XJO) gains on debt ceiling, commodity prices, Adairs lower guidance
The local market delivered a strong end to the week with the S&P/ASX200 (ASX:XJO) gaining 0.5 and the All Ordinaries (ASX:XAO) 0.6 per cent on the back of...
ASX (ASX:XJO) gains 0.3 per cent on debt ceiling vote, lithium, energy hit as healthcare rallies
It was a reasonably slow down for market-moving news on the sharemarket, with both the All Ordinaries (ASX:XAO) and S&P/ASX200 finishing 0.2 per cent...
ASX sinks on inflation, energy prices, Whitehaven tanks, China hits materials
The local sharemarket was dragged lower by the energy sector, which fell 2.5 per cent, sending the All Ordinaries (ASX:XAO) down 1.5 and the S&P/ASX200...
Market (ASX:XJO) lower on property, energy, Paladin dumped on nationalisation
The local sharemarket paused for breath on Tuesday, with both the All Ordinaries (ASX:XAO) and S&P/ASX200 (ASX:XJO) falling 0.1 per cent. The property...
Market (ASX:XJO) gains 0.9 per cent, ALS drops despite profit jump, IDP stock dives
Both the All Ordinaries (ASX:XAO) and S&P/ASX200 (ASX:XJO) finished stronger on Monday, up 0.8 and 0.9 per cent, buoyed by an impending approval of an...
Local market on debt ceiling hold
Like all markets, the Australian stock exchange is refusing to make any substantial move until clarity comes from the negotiations in Washington over the...
US debt negotiations transfix market
The Australian share market gave up a small amount of ground on Monday, amid ongoing negotiations on raising the US debt ceiling and avoiding a potentially...
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...