Investment
Daily Australian and global market wrap covering equities, bonds, currencies, and the news driving investor sentiment.
Local market follows global lead, Atlas Arteria deal dumped, Macquarie's bumper profit
It was another strong day for the local market with the S&P/ASX200 gaining 1 per cent on the back of a broad-based rally. Materials and energy remained the...
Local dollar's slide prompts hedging question
The Australian dollar could fall to US65 cents by the year's end as higher interest rates in the US and capital inflows push the US dollar higher.
Stocks deliver best week since March, tech surge continues, Magellan boost
The S&P/ASX200 delivered the best week since March this year gaining 2.8 per cent despite weakening slightly on Friday. The driver has been a turnaround in...
Aussie market falls on commodity weakness, Pendal outflows jump, coal miners surge
The local market finished the week on a negative tone, falling 0.7 per cent and taking the five day loss for the S&P/ASX200 to 1.1 per cent. The biggest...
Tech rallies despite inflation data, unemployment hits 40 year low, assets fall at Netwealth and AE
The local market managed another positive finish, gaining 0.4 per cent backed by an unexpected rally in the technology sector. Nine of the 11 sectors gained,...
Local market gains, energy falls on oil price correction, ANZ to buy MYOB
It was another positive, but mixed, day for the local market with seven of the 11 sectors finishing higher and contributing to a 0.2 per cent gain. The...
ASX manages gain, Zip cans Sezzle deal, Eagers upgrade, Lake hit by short seller
The local market managed to overcome increasingly negative global sentiment ahead of an important US earning season that begins later this week, finishing 0.1...
Local market begins on weaker note, EML loses CEO, Costa flags citrus issues
The Australian market couldn’t carry over a positive week for the US market, falling throughout the day to finish 1.1 per cent lower. There were very few...
China stimulus news good for markets
It was a solid week last week for the Australian market, advancing on four of the five days. The S&P/ASX 200 gained 138.1 points, or 2.1 per cent, for the...
Miners help Aussie market
The benchmark S&P/ASX200 index finished at the highs of the day on Thursday, up 53.5 points, or 0.81 per cent, to 6648.0. The broader All Ordinaries rose...
Local market fights commodity jitters
A tech rebound – possibly a dead-cat bounce – tried to drive the Australian market higher on Wednesday, but the concerns on commodity prices more...