Investment
Daily Australian and global market wrap covering equities, bonds, currencies, and the news driving investor sentiment.
Tepid jobs data eases rate fears
The local share market advanced to a fresh eight-month high on Thursday after weaker-than-expected jobs data showed the Australian economy slowing, raising...
Market limps to eight-month high
It was a mixed day on the local market on Wednesday, with six of the 11 sectors higher, and the upshot being a 0.1 per cent rise in the benchmark S&P/ASX...
Strong start to 2023 continues
The Australian shares benchmark gained 60.1 points, or 0.8 per cent, on Monday to reach its highest level in nine months, at 7,388.2 points. The S&P/ASX...
Energy drives ASX higher, Mineral Resources bid, Fletcher takes a hit
The local bourse couldn’t manage a positive week, with a negative lead from Wall Street and renewed rhetoric around rate hikes impacting on sentiment....
Weaker Chinese data, aggressive Fed floor local stocks
The Australian share market struggled on Thursday, with sentiment hit by a weaker-than-expected economic update out of China, and an aggressive statement from...
Aussie market rises across the board
Local stocks enjoyed a positive lead-in from Wall Street, after the US consumer inflation figure rose 7.1 per cent in the year to November, less than...
Banks boost local bourse
A strong performance by the banking sector led the Australian share market on Tuesday, as traders and investors cast a wary eye ahead of the monthly US...
Hammered Origin leads market lower
The S&P/ASX 200 fell 0.5 per cent, or 32.4 points, to 7180.8 on Monday, dragged lower by losses across the utilities sector, which contains Origin...
ASX gains, but down 1.7 per cent for the week, Healius sells assets as iron ore surges
The local market managed to end the week on a positive note, adding 0.5 per cent, as continued strength in the iron ore price sent the materials sector close...
China COVID easing fails to negate market fears
Geo-political and economic worries mounted for the local share market on Thursday, with the upshot being a slide of 53.9 points, or 0.8 per cent, in the...
Market fails to bite on solid economic data
Local shares followed Wall Street lower on Wednesday, despite the release of data showing that the Australian economy grew by 0.6 per cent in the September...