Investment
Daily Australian and global market wrap covering equities, bonds, currencies, and the news driving investor sentiment.
Aussie market creeps higher. US markets lift.
Aussie market creeps higher Despite a steady diet of news of war, global slowdowns, China lockdowns, inflation and higher rates, the Australian share market...
China sniffles hurt market. Tech weakens Wall Street, Dow holds up
China sniffles hurt market The Australian share market was weighed down on Tuesday by concerns that COVID-19 lockdowns have hurt economic growth in China, the...
Election, what Election? Codan, Elders bust out. Green arrows on Wall Street.
Election, what Election? A change of government was yawned-off by the Australian share market on Monday; after being up by 50 points in morning trading, the...
Market rallies on China policy, tech jumps, Woolies buys mydeal.com.au
The Aussie market benefitted from the news that the Chinese Government had cut a key interest rate and a late rally in US markets to post a 1.2 per cent gain...
Follow the leader, consumer businesses send ASX lower, travel is back
The local market couldn’t overcome growing concerns about stagflation, an instance when the economy slows as inflation increases, with the S&P/ASX200...
Four straight gains, iron ore surges, BlueScope upgrades, Boral downgrades
The domestic market was buoyed by a jump in the iron ore price as Chinese lockdowns continue to ease with the S&P/ASX200 gaining 1 per cent on the back of...
Little by little, market recovery continues, James Hardie upgrades, Bramble's bid halted
The domestic market is slowly chipping away at recent losses, with the S&P/ASX200 gaining another 0.3 per cent on Tuesday behind a rally in the energy and...
China weakness sends market lower, Brambles confirms takeover talks, Qube jumps
The local market commenced the week on a more positive note, with the S&P/ASX200 gaining 0.3 per cent on the back of a strong performance from the...
Market turns on tech sector, Block, Xero surge, gold miners weaken
The local market finished the week on a high note, gaining 1.9 per cent on the back of an incredible surge in the technology sector. The mid-session turnaround...
Tech sinks local market, Commonwealth Bank profit up, Bitcoin ETF launches
The technology sector all but sunk the local market today with the S&P/ASX200 sinking 1.8 per cent on the back of an 8.2 per cent fall in the sector. Every...
Market rallies off lows, Asia turns, Magellan hires new CEO
The domestic market managed to eke out a small gain, recovering from as much as 1 per cent down to send the S&P/ASX200 0.2 per cent higher on Wednesday....