Investment
Daily Australian and global market wrap covering equities, bonds, currencies, and the news driving investor sentiment.
One point, but we'll take it
The Australian share market managed its eighth straight winning day on Wednesday, but only just; with the S&P/ASX 200 eking out a gain of 1.2 points, to...
Rate hold, but reassessment time
Australian shares advanced for a seventh consecutive trading day on Tuesday after the Reserve Bank held interest rates steady, as the central bank assesses...
Rates dilemma for Reserve Bank
The Australian stock market moved higher on Monday, ahead of today’s Reserve Bank board meeting, which is widely expected to see a pause in interest rate...
ASX powers ahead, materials sector jumps on iron ore, EML Payments surges
The local market finished the week strongly, gaining 0.8 per cent on Friday, and 3.2 per cent for the week. Once again, the cyclical financial and materials...
Sunny days continue for local market
Australian shares closed stronger on Thursday, boosted by strong gains in the financial and information technology sectors. The optimistic mood was widespread,...
ASX rallies on weaker inflation data, oil rallies on supply curbs, Fortescue jumps
The local market opened weaker on Wednesday, hit by worsening sentiment offshore, but ultimately finished 0.2 per cent higher. The rally was led by the...
ASX gains 1 per cent, takeover bid sends lithium sector higher
The local market continues to overcome weakening global economic sentiment, with the S&P/ASX200 powering to another 1 per cent gain on Tuesday. The market...
Aussie market absorbs energy woes
Energy shares sank on Monday, with Woodside among the worst hit, after the lower house passed an emission reduction plan in a deal with the Greens....
ASX finishes lower on bank weakness, Block under attack, Estia gets a bid
The local bourse finished 0.2 per cent lower taking the weekly loss to 0.6 per cent with the financial sector the biggest detractor, finishing 1.1 per cent...
ASX sinks at the close, seven sectors lower, Soul Patts record profit
Global sentiment continues to drive daily market movements in Australia, with the S&P/ASX200 falling 0.7 per cent on Thursday. Just two of the markets nine...
ASX gains ahead of US Fed decision, gold miners sink on outlook, Woodside's record day
It was another positive day for the local market with the S&P/ASX200 adding 0.9 per cent on growing optimism that the spiralling global banking crisis will...