Investment
Daily Australian and global market wrap covering equities, bonds, currencies, and the news driving investor sentiment.
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...
Miners motivate market
Upgrades in expectations for lithium price growth helped to lift the Australian sharemarket on Tuesday, driving a strong day for miners. Broker UBS lifted its...
BNPL back in town
The S&P/ASX 200 continued its strong early-2023 form on Monday, advancing 5.1 points, or 0.1 per cent, to a fresh nine-month high of 7457.3 points. The...
ASX hits April highs, energy, materials gain, mixed results for lithium stocks
The local market managed to finish what appeared a mixed week on a positive note, gaining 0.2 per cent. Powered by the energy and materials sectors, up 1.4 and...