Investment
Daily Australian and global market wrap covering equities, bonds, currencies, and the news driving investor sentiment.
Market flat, OPEC+ cuts boost energy, utilities, institutions leave Magellan
The local market finished just 2 points higher today, all but a rounding error, as gains in the energy and utilities sectors, up 2.2 and 1.1 per cent, offset...
RBA slows rate hikes, market surges in response, oil, materials lead the way
The local sharemarket delivered it’s best one day return since the worst of the pandemic, with the S&P/ASX200 gaining 2.6 per cent on Tuesday. The...
Market awaits RBA decision, energy, utilities rally, Core Lithium raises capital
The local sharemarket finished 0.3 per cent lower to begin the new quarter, with strength in the utilities, energy and property sectors not enough to offset...
Resources lift local market
The energy sector powered the Australian sharemarket on Thursday, with a 2.8 per cent gain on the back of the apparent sabotage of the Nord...
Local market back in the green
After three consecutive losing days, the Australian sharemarket turned northward again on Tuesday, led by the resources stocks. After being scorched on Monday,...
Resources, energy drag market lower
With the worst losses in two years for the ASX’s mining and energy sectors, there was no way that the Australian share market’s major indices were...
Aussie market catches mining fever
The benchmark S&P/ASX 200 index rose 86.5 points, or 1.3 per cent, on Tuesday to 6,806.4 points, while the broader All Ordinaries gauge added 81.4 points,...
Higher rates to erode Aussie wealth levels
As interest rates creep north, advisers extoll the virtue of investing away from the family home and into a diversified suite of assets.
Aussie market eases to two-month low
Utilities and tech shares dragged the S&P/ASX 200 lower on Monday, as the benchmark lost 19.2 points, or 0.3 per cent, to 6,719.9 points, its lowest...
Energy reversal hits market, inflation drags ASX lower, Atlas Arteria falls
It was a sea of red on the S&P/ASX200, with the market closing down 1.5 per cent on Friday, resulting in a 2.1 per cent loss for the week. A reversal in...
ASX gains on energy, coal, Woodside's Paris ambitions, Tyro's new CEO
The Australian sharemarket managed to follow the US, posting a gain of 0.2 per cent on Thursday with the energy sector leading the way, up 3.7 per cent. New...