Investment
Daily Australian and global market wrap covering equities, bonds, currencies, and the news driving investor sentiment.
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...
Rate rise surprises no-one
As widely expected, the RBA raised the cash rate by 0.5 percentage points yesterday, taking it to 1.35%, as widely expected. This is the fastest back-to-back...
Warning: interest rate rise ahead
The Australian share market ended in the green on Monday, despite investor skittishness ahead of today’s Reserve Bank board meeting. The central bank is...
Market reverses gains, commodities, energy sink, Brambles cut CostCo deal
The Australian market started the session on a positive note, moving as much as 1 per cent higher on the first day of the new financial year but ultimately...