Investment
Daily Australian and global market wrap covering equities, bonds, currencies, and the news driving investor sentiment.
Origin bid reduced, but recommended, Domino's shares smashed, ASX sinks
A significant rally in the utilities sector, which gained 4.8 per cent on Wednesday on the back of a renewed bid for Origin Energy (ASX:ORG) wasn’t...
Market weakens a cyclicality returns, Hub profit surges, BHP cuts dividend
The S&P/ASX200 weakened a further 0.2 per cent on Tuesday, with little in the way of a lead from US markets. The materials and energy sectors stood out,...
Energy outlook dampens market, as Ampol pays special dividend, Bendigo buoys financials
Markets remained mix to open the week, with concerns around the peak in energy prices and the upward march of interest rates pushing both the energy and...
ASX sinks to third straight losing week, Ingham's margin hit, QBE jumps on profit result
The local market finished the week 1.1 per cent lower, as the S&P/ASX200 dropped 0.9 per cent on Friday, marking the third straight week of declines....
Unemployment figure boosts market - perversely
Australia’s unemployment rate unexpectedly rose to 3.7 per cent in January, from 3.5 per cent in December, after 11,500 people lost work, according to...
ASX drops to three week low, coal tumble continues, staples outperform
The local market dropped 0.8 per cent on Friday, taking the weekly loss to 1.7 per cent and the lowest level for three weeks. The biggest driver was a heavy...
Australian market struggling for energy
The benchmark S&P/ASX 200 Index fell 39.8 points, or 0.5 per cent on Thursday to 7490.3; while the broader All Ordinaries index dropped 44.7 points, or...
Newcrest, Nuix provide market highlights
The benchmark S&P/ASX200 index on Wednesday advanced 26 points, or 0.4 per cent, to 7,530.1, while the broader All Ordinaries closed...
Rate rise rocks market
The local sharemarket copped its biggest fall in five weeks on Tuesday after the Reserve Bank of Australia (RBA) delivered a ninth consecutive rate rise, and...
Will the RBA hammer the market?
The Australian share market eased on Monday ahead of today’s Reserve Bank of Australia meeting, with many in the market convinced that the central bank...
Inflation jumps to 33-year high
Australian shares ended a five-day winning streak on Wednesday, and the Aussie dollar rose, after the markets learned that inflation in Australia had risen to...