Investment
Daily Australian and global market wrap covering equities, bonds, currencies, and the news driving investor sentiment.
Australian sharemarket down on commodities, QBE costs spike, Nanosonic tanks
The S&P/ASX200 commenced the week in the same manner it finishes, falling 0.2 per cent after holding onto a gain of as much as 0.3 per cent...
BHP ups bid for OZ Minerals, market flat, NIB Holdings jumps on sales
All eyes were on the materials sector on Friday, after BHP (ASX: BHP) lobbed a best and final bid for copper producer OZ Minerals (ASX:...
Sharemarket gains despite energy weakness, Webjet recovery continues, Seek guidance on track
The S&P/ASX200 managed another small gain on Thursday, adding 0.2 per cent as strength in all sectors barring energy and materials, down 2.1 and...
S&P/ASX200 falls on quarterly updates, Graincorp dividend hike, Nufarm lifts
The S&P/ASX200 fell 0.3 per cent on Wednesday, with 8 of the eleven sectors finishing the red led by utilities, down 1.5 and retailers, down 1.3...
Tech paces market as oil, lithium slide, AGL board renewed
The local market fell 0.1 per cent on Tuesday under the pressure of a weaker energy sector, down 0.9 per cent, after OPEC+ cut their expectations for oil...
Market flat despite commodity surge, Elders sinks on update, oil price jumps
The local market finished slightly lower, down 0.2 per cent, as a jump in commodities, particularly iron ore, offset losses across every other sector. The...
Market soars on inflation data, China restrictions, technology in focus
The local market rode the US inflation data wave, gaining 2.8 per cent on Friday, buoyed by the hope that interest rate hikes may be set to ease. Every sector...
Market drops despite massive Origin takeover bid, Xero CEO quits
The local market weakened as crypto turbulence spread into global equity markets, with the S&P/ASX200 falling 0.5 per cent. Half of the markets sectors...
Gold miners lift market, Orica, NAB deliver strong reports, News sinks
The local market was buoyed by an unexpected surge in the price of gold, which moved beyond US$1,700 per ounce once again. The result was a 2.5 per cent gain...
Market overcomes energy weakness, James Hardie sinks on weak property market
The S&P/ASX200 gained another 0.4 per cent on Tuesday with a broad-based rally managing to overcome a selloff in the energy sector. The staples...
Commodity push market higher, Westpac profit flat, banks sold down
The local bourse managed a positive start to the week, with signs of an improving economic outlook in China boosting the commodities sector. Materials gained...