Investment
Daily Australian and global market wrap covering equities, bonds, currencies, and the news driving investor sentiment.
Energy woes power local market
Energy powered the Australian market higher on Monday, with a 4 per cent rise in the S&P/ASX 200 Energy index at the heart of market sentiment, as oil, gas...
Miners push market to poor week, financials bounce on Friday, AMP loses contract
The local market capped off the worst week in several months, falling another 0.3 per cent and taking the weekly loss to 3.9 per cent. On Friday it was the...
Market weakness continues on bond yields, Suez Canal blocked again, BHP goes ex
The local sharemarket continued its recent weakness, falling another 2 per cent for the first day of spring. Australia’s largest...
Market rallies despite energy weakness, Harvey Norman sales improve, toll road recovers
The S&P/ASX200 almost turned around a sharply weaker start to trading on the final day of August, falling just 0.2 per cent on Wednesday. In a reverse of...
ASX jumps as Woodside delivers bumper profit, building approvals tank, as energy prices surge
The local market managed to overcome another weak global lead, gaining 0.5 per cent on Tuesday, with the energy sector a key support. Gaining 1.4 per cent on...
Powell comments send market lower, Fortescue beats guidance, retail strength continues
The local market followed an increasingly negative global lead, ultimately finishing 2 per cent lower. The sole driver was commentary from Federal Reserve...
Two down, three up for the local market
After two solid falls to start the week, the Australian market put three straight rises together by the end of Friday, to get itself back into the green for...
Resources plays boost local market
The Australian share market took a positive lead from US markets into Thursday and was also buoyed by Asia-Pacific news and earnings results. The benchmark...
Earnings results flow in apace
After a two-day drop caused by interest rate jitters in global markets before the Jackson Hole Economic Policy Symposium this weekend, the S&P/ASX 200...
Skittish market heads lower
With a nervous mood prominent in the markets ahead of the Federal Reserve symposium this week, and earnings results pouring in, it was a difficult session for...
Banks, miners lead market lower
The benchmark S&P/ASX200 index finished Monday down 67.6 points, or 0.9 per cent, to 7046.9, in its worst session since July 11, while the broader...