Investment
Daily Australian and global market wrap covering equities, bonds, currencies, and the news driving investor sentiment.
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...
Although expected, rate rise weakens market
The Australian share market eased on Tuesday as the eighth consecutive rate hike from the Reserve Bank saw the cash rate lifted by 0.25 percentage points, to...
Market up ahead of likely rate rise
Despite plenty of uncertainty around what the Reserve Bank will announce with the cash rate this morning – although consensus expects that the central...
ASX falls, but up 1.3 per cent for the week, Santos sinks on exploration, Premier delivers record trade
The week ended poorly for the domestic sharemarket, with the energy sector (down 2.5 per cent) dragging the S&P/ASX200 0.7 per cent lower. Real estate...
ASX jumps on Fed policy, Cochlear competition concerns, return forecasts upgraded
The local market joined the global rally in risk assets with the S&P/ASX200 finishing 1 per cent higher on Thursday on the back of Jerome...
ASX gains on inflation data, energy, materials surge, Temple & Webster jumps
What began as another rough day for the S&P/ASX200 finished on a much more positive note, as the market closed at its high, 0.4 per cent higher. The...
ASX gains as China protests slow, Collins Food tanks, consumer sentiment up
The local market managed to deliver another gain, the S&P/ASX200 adding 0.3 per cent as signs of improvement in China supported a rally in key...
China threat hits ASX, RBA says sorry, Frazis to leave BOQ
It was a tough start to the week in Australia, with little in the way of a US lead, all eyes were on growing unrest in China, which ultimately saw...
CBA hits new high, ASX gains, EML jumps on Chairman's departure
The local sharemarket finished the week on a positive note, with the S&P/ASX200 gaining 0.2 per cent as more than half of listed companies...