Investment
Daily Australian and global market wrap covering equities, bonds, currencies, and the news driving investor sentiment.
Markets suffer worst drop since pandemic began, ASX enters correction, Polynovo a rare winner
Anyone keeping up with the news overnight is aware of the headlines. $88 billion lost in a single day, market crumbles, stocks tank; there will be no lack of...
ASX falls in worst week since 2020, Atlas bid, Douglass returns
The local market was pushed lower by the global turnaround in interest rates with the S&P/ASX200 falling 1.3 per cent to finish the week. Every sector was...
Banks lead market lower
The struggles of the big banks and mortgage lenders in the wake of this week’s rate rise continued on Thursday, with the financials sub-index losing 2.2...
Markets still 'vulnerable' to weaker earnings
Head of Australian Equities at T. Rowe Price, Randal Jenneke, has released a note to clients that conveys a somewhat cautious tone towards the Australian...
Yellow glow on ASX. Banks bomb out. US indices lower, energy up.
Yellow glow on ASX Resources came to the rescue on the Australian share market on Wednesday, with surging uranium and oil and gas stocks more than...
Market falls on 50 basis point rate hike, confidence slips, every sector weaker
The Australian sharemarket was on hold ahead of the RBA’s latest board meeting and interest rate decision. A somewhat unexpected 0.50 per cent increase...
Local market down ahead of RBA meeting, energy, Tabcorp standout
The local market couldn’t shake off a weak global lead, opening the first week of June with a 0.5 per cent fall. It was a market full of lowlights, with...
Local market posts another positive week, iron ore surges, energy crisis beckons
The local market finished the week on another positive note, despite the return of concerns about the aggressiveness of central banks around the world, with...
Market weaker on healthcare, ASX adds female CEO, Wesfarmers warning
The local market continued on a negative trend to open the month of June with the S&P/ASX 200 falling 0.8 per cent on the back of a broad-based...
Lithium stocks tank on price concerns, market finishes higher, Origin pulls earnings
The local market managed to eke out a positive return on Wednesday, gaining 0.3 per cent on the first trading day of June. Another rally in the iron ore price,...
Local market turns on bond yields, oil prices spike, Star 'unsuitable'
The domestic market managed to reverse the prior day’s gains, falling 1 per cent on Tuesday after US bond yields jumped on further central bank...