Australia: S&P/ASX 200 (.AXJO) down slightly lower The sharemarket closed slightly lower on Tuesday after minutes from the Reserve Bank’s July meeting dampened the equity market’s expectations of further interest rate cuts. Investors also continued to weigh the implications of weak growth but positive retail sales from Chinese economic data released on Monday. The S&P/ASX […]
Australia: S&P/ASX 200 (.AXJO) higher after dovish comments from Federal Reserve chairman Jerome Powell gave markets renewed hopes of extra policy stimulus Australian shares closed Thursday’s trade firmly higher after dovish comments from Federal Reserve chairman Jerome Powell gave markets renewed hopes of extra policy stimulus. The S&P/ASX 200 Index rose 26.3 points, or 0.4 […]
Australia: S&P/ASX 200 (.AXJO) up over 18% this year, set for its best run since 2009 It’s among the top stock markets in the world this year and inching closer to an all-time high. Australia’s benchmark S&P/ASX 200 Index has surged over 18% this year, adding about $210 billion in value despite a sluggish economy […]
Australia: S&P/ASX 200 (.AXJO) stocks lower at close of trade Australia stocks were lower after the close on Tuesday, as losses in the IT, Energy and Utilities sectors led shares lower. At the close in Sydney, the S&P/ASX 200 declined 0.10%. The best performers of the session on the S&P/ASX 200 were Breville Group Ltd […]
Australia: S&P/ASX 200 (.AXJO) fell after solid US data dampened expectations the Fed would cut rates Australian shares fell heavily on Monday after a solid US non-farm payrolls print dampened market expectations the Federal Reserve would cut rates more than twice this year. The S&P/ASX 200 Index posted its biggest one-day fall since June 3, closing 79.1 points, […]
Australia: S&P/ASX 200 (.AXJO) investors are continuing to focus on the S&P/ASX 200’s approaching record high Australian shares closed at a fresh 11-1/2-year high on Thursday as the major banks rebounded from a poor start to the week’s trading. The S&P/ASX 200 Index closed 32.5 points, or 0.5 per cent, higher at 6718 and the […]
Australia: S&P/ASX 200 (.AXJO) to open lower The Australian share market is expected to open lower this morning despite U.S. and European markets pushing higher. According to the latest SPI futures, the ASX 200 is poised to open the day 0.1% or 8 points lower. On Wall Street the Dow Jones rose 0.25%, the S&P […]
Australia: S&P/ASX 200 (.AXJO) falls flat after RBA’s back-to-back cut The Australian sharemarket fell flat after the Reserve Bank delivered a consecutive cash rate cut, with the big four banks and mining giants pulling in opposite directions. The S&P/ASX200 index lost earlier gains to close just 5.1 points, or 0.08 per cent, higher at 6653.2 […]
Australia: S&P/ASX 200 (.AXJO) failed to make strong gains after the US and China agreed to resume trade talks The Australian share market has closed higher but failed to make strong gains after the US and China agreed to resume trade talks over the weekend. The benchmark S&P/ASX200 index was up 29.3 points, or 0.44 […]
Australia: S&P/ASX 200 (.AXJO) RBA decision in focus Australian shares are poised to open higher to start the new fiscal year, bolstered by the weekend US-China trade truce and with investors positioning for a rate cut as soon as tomorrow. ASX futures were up 18 points or 0.3 per cent to 6577 over the weekend. […]
Australia: S&P/ASX 200 (.AXJO) set to edge lower Australian shares are poised to edge lower at the open, amid directionless trading on Wall Street. ASX futures were down 15 points or 0.2% to 6554 near 7.25am AEST. The Australian dollar rose 0.3% to US69.85¢. The NZ dollar gained 0.6 per cent to US66.79¢. The 26-point […]
Australia: S&P/ASX 200 (.AXJO) investors remain cautious ahead of key trade talks later this week The Australian sharemarket closed slightly lower on Tuesday, as investors remained cautious ahead of key trade talks later this week, shifting capital into more defensive assets. The S&P/ASX 200 Index slid 7.4 points, or 0.1 per cent, to 6658 while […]
Australia: S&P/ASX 200 (.AXJO) Investors are cautiously optimistic China and the US could reach a trade truce Australian shares opened the week’s trading higher on Monday, as the market rallied from an opening loss on a subdued day of trading ahead of a key meeting between US President Donald Trump and China’s Xi Jinping later […]
Australia: S&P/ASX 200 (.AXJO) Weekly Bullish Outlook Finally, the ASX 200 is amid a rally of its own. After a recent rate cut, commentary from RBA Governor Lowe suggests the bank is open to more. This could provide a healthy tailwind for the Index in the near-term while simultaneously contributing to the continued deterioration of the Australian Dollar. […]
Australia: S&P/ASX 200 (.AXJO) expected to edge lower The Australian share market looks set to finish the week on a subdued note despite a strong night of trade over in the United States. According to the latest SPI futures, the ASX 200 index is poised to open 0.1% or 5 points lower on Friday. On […]
Australia: S&P/ASX 200 (.AXJO) close to its 2007 high point The ASX 200 came through this year’s very patchy risk appetite in style and is now back within close distance of its own record peaks. The latest boost has come from suspicions that the European Central Bank could soon bolster the global atmosphere of looser monetary policy, and from hopes […]
Australia: S&P/ASX 200 (.AXJO) hopes that the RBA would cut interest rates even lower boosted shares The local market finished Tuesday’s session at a 12-year closing high, buoyed by comments out of the Reserve Bank which seemed to confirm further cuts to the official cash rate were ahead. At the close of trade, the ASX […]
Australia: S&P/ASX 200 (.AXJO) poised to edge higher at the open Australian shares are poised to edge higher at the open of a week where central bankers are set to dominate. ASX futures are up 8 points or 0.1 per cent to 6565. Local investors will be waiting for the latest RBA meeting minutes to […]
Australia: S&P/ASX 200 (.AXJO) future gains limited A strong rally to start 2019 has Australia’s stocks looking expensive, and that could be a bad sign for future gains. The nation’s benchmark S&P/ASX 200 Index has advanced 16 per cent this year, causing valuations to swell. The gauge trades at an estimated price-earnings ratio of 17.1, […]
Australia: S&P/ASX 200 (.AXJO) Is it time to take profit? he AMA Group Ltd (ASX: AMA) share price has jumped to a record high this morning after the panel beating and automotive services group released a trading update. The AMA share price advanced around 3% to $1.29 at the time of writing, taking its gain to nearly […]
Australia: S&P/ASX 200 (.AXJO) strong buying levels kept pushing prices higher The markets has closed at 6546.3 points, a one-day gain of 102.4 points or 1.6 per cent. The S&P/ASX 200 opened with a rise to 6500 and strong buying levels kept pushing prices higher all day. At the end of the day 165 companies […]
Australia: S&P/ASX 200 (.AXJO) investors respond to climbing prospects of easier monetary policy at home and abroad The ASX is expected to move back within striking distance of a post-GFC high in coming days as investors respond to climbing prospects of easier monetary policy at home and abroad. Thursday’s jobs data for May stands out […]
Australia: S&P/ASX 200 (.AXJO) modest gains across the board pushing the market higher Australian shares advanced on Thursday, with modest gains across the board pushing the market higher for a third straight session. The S&P/ASX 200 Index added 24.5 points, or 0.4 per cent, to end the session at 6383, while the broader All Ordinaries […]
Australia: S&P/ASX 200 (.AXJO) a little bit of improvement The Australian share market rallied early in the day following strong gains on Wall Street, but then faded throughout the day. The benchmark S&P/ASX200 index still managed to close higher, up 26.1 points, or 0.41 per cent, to 6,358.5 points at 1615 AEST on Wednesday, while […]
Australia: S&P/ASX 200 (.AXJO) has retreated quite sharply in the past week Is the party over at last for the ASX 200? The Australian stock benchmark defied trade-gloom and diminished global risk appetite quite well up until the end of last week. Rising iron ore prices and a weaker Australian Dollar burnished the appeal of what should […]
Australia: S&P/ASX 200 (.AXJO) market has suffered its worst loss in five months The Australian share market has suffered its worst loss in five months amid jitters on global growth and fears the US is picking a second trade war, this one with Mexico. The benchmark S&P/ASX200 index closed down 76.4 points, or 1.19 per […]
Australia: S&P/ASX 200 (.AXJO) sentiment on global trade turns bearish Australian shares closed lower on Tuesday, wiping most of the gains from the previous session as investor sentiment on global trade turned bearish. The S&P/ASX 200 Index fell 58.1 points, or 1 per cent, to 5713.1 while the broader All Ordinaries slid 58.8 points, or […]
Australia: S&P/ASX 200 (.AXJO) rebounded after China and the United States agreed to a trade ceasefire at the G20 summit Australian markets have rebounded after China and the United States agreed to a trade ceasefire at the G20 summit over the weekend. US President Donald Trump agreed to hold off for three months — until March 1 — […]
Australia: S&P/ASX 200 (.AXJO) Expected to Open Higher Australian shares are set to open higher before a huge week of local data including third quarter growth statistics on Wednesday. Ahead of the GDP report however is tomorrow’s RBA policy meeting. ASX futures were 25 points higher over the weekend. Today the focus is likely to be […]
Australia: S&P/ASX 200 (.AXJO) gains in the IT, Materials and Metals & Mining Australia stocks were higher after the close on Thursday, as gains in the IT, Materials and Metals & Mining sectors led shares higher. At the close in Sydney, the S&P/ASX 200 gained 0.58%. The best performers of the session on the S&P/ASX […]
Australia: S&P/ASX 200 (.AXJO) investors wait for an important meeting between U.S. President Donald Trump and Chinese leader Xi Jinping Asia markets were mostly higher on Wednesday after a cautious start as investors wait for an important meeting between U.S. President Donald Trump and Chinese leader Xi Jinping later this week. The mainland Chinese markets […]
Australia: S&P/ASX 200 (.AXJO) Financials Lift Australia stocks were higher after the close on Tuesday, as gains in the IT, Telecoms Services and Financials sectors led shares higher. At the close in Sydney, the S&P/ASX 200 gained 1.00%. The best performers of the session on the S&P/ASX 200 were Afterpay Touch Group Ltd (AX:APT), which […]
Australia: S&P/ASX 200 (.AXJO) greater degree of sensitivity to trade tensions The Australian sharemarket surrendered most of the low-volume gains made late last week after US stocks fell on Friday and tumbling commodity prices saw heavy selling of resource stocks. Major-bank bargain hunting halved early losses on the S&P-ASX 200 index to 0.4 per cent […]
Australia: S&P/ASX 200 (.AXJO) Set to Fall at Open Another oil-induced slide in the ASX is ahead of us today after the price of the commodity slumped in trading on Friday. While eurozone shares rose 0.4% on Friday, the US S&P 500 fell 0.7% with energy shares down 3.3% on the plunging oil price. Watch […]
Australia: S&P/ASX 200 (.AXJO) Opening Lower Australian shares rebounded from a 21-month low and ended a four-day losing streak on Thursday, as lithium miners and major banks led the market higher. The S&P/ASX 200 Index rose 48.5 points, or 0.9 per cent, to 5691.3 while the broader All Ordinaries advanced 48.2 points, or 0.8 per […]
Australia: S&P/ASX 200 (.AXJO) global stock sell-off The Australian share market has dived to near two-year lows amid a global stock sell-off, with energy and mining stocks bleeding red and the banks also suffering in early trade. The benchmark S&P/ASX200 index was down 63.5 points, or 1.12 per cent, to 5,608.3 at 1030 AEDT on […]
Australia: S&P/ASX 200 (.AXJO) pointing notably lower ASX futures pointing notably lower. According to the latest SPI futures, the ASX 200 is expected to open the day down by a sizeable 1.1% or 63 points on Wednesday. This follows another disappointing night of trade on Wall Street which late in the session sees the Dow […]
Australia: S&P/ASX 200 (.AXJO) banking royal commission weighed the finance sector Australian shares opened the week lower on Monday as the latest round of the banking royal commission weighed the finance sector. The S&P/ASX 200 Index fell 36.9 points, or 0.6 per cent, to 5693.7 while the broader All Ordinaries Index closed 36.4 points, or 0.6 per cent, […]
Australia: S&P/ASX 200 (.AXJO) expected to start the trading week higher The Australian share market is expected to start the trading week higher, after an encouraging end to the latest session on Wall Street. But the market is likely to be volatile in the week ahead as uncertainty remains around a number of global issues, […]
Australia: S&P/ASX 200 (.AXJO) staging a stunning turnaround in the last hour of trade The ASX 200 index finished the session up 3 points, staging a stunning turnaround in the last hour of trade as banks & miners recovered earlier losses. Australian shares rallied late on Thursday to close the session higher as mild losses […]
Australia: S&P/ASX 200 (.AXJO) continues to weaken Australian shares extended their losses from the previous session on Wednesday, as the financial, material and energy stocks wiped $30.3 billion from the ASX board. The S&P/ASX 200 Index closed 101.4 points, or 1.7 per cent, lower at 5732.8 while the broad All Ordinaries Index fell 100.3 points, […]
Australia: S&P/ASX 200 (.AXJO) taken a hit after fears of a slowdown in global growth Australia’s stock market has taken a hit after fears of a slowdown in global growth and demand slashed the price of big-name US technology stocks. The benchmark S&P/ASX 200 index had fallen by more than 100 points or 1.8 per cent […]
Australia: S&P/ASX 200 (.AXJO) started the week in positive territory The Australian share market started the week in positive territory, clawing back from early losses after most sectors entered positive territory and Utilities continued to shine Mining stocks entered positive territory after the iron ore price lifted while Financial stocks remained underwater. Also capping gains […]
Australia: S&P/ASX 200 (.AXJO) poised to start the week lower Australian shares are poised to start the week lower, dragged down by a tech rout on Wall Street. Base metals also retreated and oil extended its rout. ASX futures were 37 points lower. Shares on Wall Street fell to end their week, with the S&P […]
Australia: S&P/ASX 200 (.AXJO) investors await the RBA for guidance Australian futures are lower as investors await the RBA for guidance on the outlook for rates. ASX futures were down 14 points at 5.40am AEDT. The US Federal Reserve released its latest statement at 6am AEDT. At the end of a two-day gathering, the Fed held interest […]
Australia: S&P/ASX 200 (.AXJO) share market flat and one sector is keeping the bourse’s head above water Energy and materials stocks are keeping the Australian share market flat at the open, with the financial sector keeping the bourse’s head above water. The benchmark S&P/ASX200 index was up 7.1 points to 5882.3 at 1030 AEDT on […]
Australia: S&P/ASX 200 (.AXJO) Reserve Bank left interest rates on hold The Australian sharemarket steadily climbed on volume well-below average as the Reserve Bank left interest rates on hold and retained its upbeat growth outlook. Following gains of 0.7 per cent on Wall Street last night, the S&P-ASX climbed 57.1 points, or 0.98 per cent, […]
Australia: S&P/ASX 200 (.AXJO) struggling for gains Australia’s ASX 200 struggled for gains, finishing down 31.10 points, or 0.53 percent, at 5,818.10 as most sectors declined. The energy sector fell 1.31 percent as oil stocks mostly sold off. Shares of Santos fell 1.55 percent, Oil Search was down 1.31 percent and Woodside Petroleum declined 2.28 […]
Australia: S&P/ASX 200 (.AXJO) recorded its fifth straight advance Australian shares are set to open moderately higher after Wall Street rebounded for a second consecutive day. The Australian dollar has slipped to 70.7 US cents and 62.5 euro cents. But it fell sharply to 55.4 British pence — after the UK’s Brexit secretary, Dominic Raab, […]
Australia: S&P/ASX 200 (.AXJO) weak Chinese manufacturing data The Australian sharemarket finished in the black as a late window-dressing surge swept aside weak Chinese manufacturing data took and earlier profit taking hit the major banks. The S&P-ASX 200 index opened 0.3 per cent higher and traded in-and-out of the red for most of the session. […]
Australia: S&P/ASX 200 (.AXJO) hint of a short-squeeze The Australian sharemarket more than reversed early losses as dividend hunters bought the major banks, with further impetus coming from easing US-China trade war jitters. The S&P-ASX 200 index opened 0.8 per cent down and spent the whole morning session in the red after the US S&P […]
Australia: S&P/ASX 200 (.AXJO) expected to open in the red Unfortunately, on Tuesday the Australian share market is expected to open the day deep in the red. According to the latest SPI futures, the S&P/ASX 200 is poised to open 0.8% or 47 points lower. This follows a disappointing night of trade on Wall Street […]
Australia: S&P/ASX 200 (.AXJO) volatility has been a key market theme The return of volatility has been a key market theme this year and appears likely to intensify, at least in the short term, from Wall Street to the ASX, which is set to open weaker on Monday. The Dow Jones Industrial Average swung wildly […]
Australia: S&P/ASX 200 (.AXJO) opened at its lowest level this year The Australian sharemarket opened at its lowest level this year, with tens of billions of dollars wiped from the value of local companies. After the first 50 minutes of trade the domestic benchmark S&P-ASX 200 was down 2.1 per cent. The deepening rout in […]
Australia: S&P/ASX 200 (.AXJO) remains on edge despite two sharp rebounds in two of the world biggest sharemarkets The Australian sharemarket finished a volatile session in the red again as global markets remained on edge despite two sharp rebounds in two of the world biggest sharemarkets. The S&P-ASX 200 index quickly reversed early losses after […]
Australia: S&P/ASX 200 (.AXJO) pullback in bank stocks The local session could be characterised as being somewhat lacklustre: the lion’s share of the day’s losses came shortly after the open, volume was below average, and market breadth finished at 30%. Most sectors finished the day in the red, but naturally it was a pullback in […]
Australia: S&P/ASX 200 (.AXJO) Set to Open Flat Australia’s S&P/ASX 200 (Index: ^AXJO)(ASX: XJO) and ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) indices finished lower on Monday. Here’s a short recap of the Australian market: S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) lower 0.58% to 5,904.90 ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) lower 0.61% to 6,006.20 AUD/USD […]
Australia: S&P/ASX 200 (AXJO) slight dip ahead A shock Wentworth byelection result looms over the Australian share market at the start of a new trading week, while a soft lead-in from Wall Street is also expected to knock the local bourse lower at the open. The SPI200 futures contract was down 12 points, or 0.2 […]
Australia: S&P/ASX 200 (.AXJO) poised to open lower The best-performing ASX 200 share today was buy now, pay later business Afterpay Touch Group Ltd (ASX: APT) it went up 14% after responding to the idea of a Senate inquiry. The share price of Credit Corp Group Limited (ASX: CCP) also gained 6% today. However, it […]
Australia: S&P/ASX 200 (.AXJO) best performance in four months Australian shares recorded their best performance in four months on Wednesday as they extended their gains from the previous session. The S&P/ASX 200 Index closed 69.2 points, or 1.2 per cent, higher at 5939.1, following on from a strong session on Wall Street on Tuesday. Australian […]
Australia: S&P/ASX 200 (.AXJO) Target 5500 If you look at the ASX 200 monthly chart from a long-term perspective, then we are just hanging on to the long-term uptrend. A drop below the 5800 level and we are looking at further falls to the 5500 level before any sort of technical support would kick in. […]
Australia: S&P/ASX 200 (.AXJO) downward pressure remained for all sectors Investor nerves are still rattled after the worst weekly loss on the Australian sharemarket since January 2016 last week with the ASX 200 stumbling again on Monday. The index is down another 88 points or 1.5% to 5807 and accelerating towards lunch despite a strong […]
Australia: S&P/ASX 200 (.AXJO) Set to Fall Monday Australian shares appear set to fall at the start of the week, distancing themselves from the rally that lifted US stocks over the weekend. ASX futures were 51 points or 0.9 per cent lower at 7am AEDT Saturday. The Australian dollar slipped 0.1 per cent. The S&P/ASX […]
Australia: S&P/ASX 200 (.AXJO) worst performance in eight months The benchmark ASX 200 index closed down 2.7 per cent at 5,883, while the All Ordinaries index slumped 170 points to close below 6,000 points for the first time in more than half a year, at 5,993. It is the worst one-day fall since the market […]
Australia: S&P/ASX 200 (.AXJO) higher on the back of healthcare A surprising turnaround has seen the Australian market finish the day higher on the back of healthcare and telco stocks as the financial sector shrugged off leftover jitters from Wall Street. The benchmark S&P/ASX200 index was up 8.7 points, or 0.14 per cent, to 6,049.8 […]
Australia: S&P/ASX 200 (.AXJO) Support at 6000 Australian shares are poised to edge lower at the open, as shares on Wall Street failed to hold early gains. ASX futures were down 6 points at 7.45am AEDT. The Australian dollar edged above the US71¢ mark, defying expectations of a retreat. Focus remains squarely to the downside, where the […]
Australia: S&P/ASX 200 (.AXJO) set to extend losses The S&P/ASX 200 is down to where it was on June 15th at 6100.3 points as mining and energy stocks dragged. It was news from a Norwegian-owned mine in Brazil that did a lot of damage, with South32 losing 5.4 per cent and Alumina losing 7 per […]
Australia: S&P/ASX 200 (.AXJO) poised to drop to start the week Australian shares are poised to drop to start the week, weighed by a sell-off on Wall Street and among base metals. ASX futures were 28 basis points lower. The Australian dollar was buying US70.57¢. In addition to Wall Street’s slide into the weekend, base metals were […]
Australia: S&P/ASX 200 (.AXJO) Alumina push ASX higher The best-performing ASX 200 share today was Alumina Limited (ASX: AWC), its share price went up 10.8% after the world’s alumina largest refinery, Alunorte, ceased production potentially forever. South32 Ltd (ASX: S32) was another to benefit from the closure news, its share price rose by 7.3%. The […]
Australia: S&P/ASX 200 (.AXJO) bank shares regain ground Rising commodity prices helped fuel a jump in the materials and energy sectors and lift the Australian share market at noon, while the under-fire banks also regained some ground. The benchmark S&P/ASX200 index was up 20.9 points, or 0.34 per cent, at 6,147.1 points at 1200 AEST […]
Australia: S&P/ASX 200 (.AXJO) Quiet Day Expected The narrow-effects of overnight’s relief rally isn’t expected to manifest a great-deal in the ASX 200 today. SPI futures are pointing to an 8-point advance at the open this morning, backing-on from a day in which the benchmark Aussie index stripped just shy of 0.6 per cent. he index found […]
Australia: S&P/ASX 200 (.AXJO) worst performance in more than a fortnight Australian shares slumped to their worst performance in more than a fortnight on Monday as the banks lost gains they had made following the release of the royal commission interim report’s on Friday. The S&P/ASX 200 index fell 35.3 points, or 0.6 per cent, to 6172.3, […]
Australia: S&P/ASX 200 (.AXJO) Bank Stocks Fall Australian shares closed the session modestly lower on Thursday as some minor losses by the major banks weighed the market. The S&P/ASX 200 index closed the day 11.1 points, or 0.2 per cent lower, at 6181.2 with the market making muted gains and losses. The major banks led […]
Australia: S&P/ASX 200 (.AXJO) preparing for the US Fed meeting As far as developments in the trade war go, in a week bereft other major stories, traders are demonstrating tentative signs of ease on the subject. Markets are strapping themselves in for the long haul, and a begrudging acceptance that this thing will take time […]
Australia: S&P/ASX 200 (^.AXJO) Flat Open The S&P/ASX 200 index has closed 0.9 points lower, a decline of 0.02 per cent, as energy stocks tried to counteract the down pull from the financial index. The Hang Seng index is down 1.6 per cent and the Shanghai composite is down 1.06 per cent. Among the top […]
Australia: S&P/ASX 200 (.AXJO) leading sector real estate, up 0.7 per cent against the falling market The S&P/ASX200 has closed just slightly lower at 6186.9, an intra-day drop of 7.6 points. The leading sector was real estate, up 0.7 per cent against the falling market, and energy, up 0.6 per cent. The real estate index […]
S&P/ASX 200 (.AXJO) Set to Open Lower The ASX gained 0.5 per cent over the week, but its days of out-performance are a distant memory now. Risk is back in town, but can it last? To put it subtly, things are evenly balanced. It is odd, but not unprecedented, both US equities and bond yields […]
Australia: S&P/ASX 200 (.AXJO) continue to shrug off trade war tensions SPI futures are indicating a 5-point jump at the open for the ASX200, as trade continue to ride the wave of relief washing-over global markets. The boost in global commodity prices has underpinned the bounce in the ASX, with the materials and energy sectors […]
Australia: S&P/ASX 200 (.AXJO) vulnerable to a correction towards 6,163.55 Australian shares are poised to open lower, amid mixed trading on Wall Street. ASX futures were down 3 points at 6.45am AEST, paring earlier losses. The Australian dollar extended its rally, rising another 0.7 per cent. On Wall Street, shares in Goldman Sachs and JPMorgan paced the Dow […]
Australia: S&P/ASX 200 (.AXJO) Set for Modest Rebound Australian shares are poised to rally, following Wall Street, as trade tensions between the US and China escalated less than feared. The Australian dollar leapt 0.5 per cent higher to retop US72¢. Shares in New York were sharply higher, though they pared gains into the close, as investors […]
Australia: S&P/ASX 200 (.AXJO) Expected to Open Lower On Monday the S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) started the week on a positive note and closed the day 0.3% higher at 6,185 points. Will the market be able to build on this on Tuesday? Here are five things to watch: ASX futures pointing lower. According […]
Australia: S&P/ASX 200 (.AXJO) set for a sluggish start Australian shares are set for a sluggish start to the week following reports US President Donald Trump has called for fresh tariffs on Chinese products. The news took the shine off US markets on Friday, which closed flattish after a sharp dip when the story broke […]
Australia: S&P/ASX 200 (.AXJO) Set to Open Higher Following Wall Street Australian shares are poised to rise at the open, following Wall Street’s lead as Apple paced the Dow higher. ASX futures were up 25 points at 4.15am AEST. The Australian dollar topped the US72¢ mark overnight bolstered by the latest local jobs data and […]
Australia: S&P/ASX 200 (.AXJO) Set to Open Lower The Australian sharemarket’s recovery on Tuesday was short lived, with the market fall on Wednesday weighed down by a number of index heavyweights. The S&P/ASX 200 index closed 3.8 points, or 0.1 per cent lower at 6175.9, falling for the ninth time in the last ten sessions. Many […]
Australia: S&P/ASX 200 (.AXJO) Stocks on the Rise Australian shares rose on Tuesday as investors found value in beaten-down banks and as energy stocks jumped on higher oil prices. The S&P/ASX 200 index rose 0.4 percent, or 27.1 points, to 6,168.8 by 0200 GMT. The benchmark, which dipped 2.1 points on Monday, was on track […]
Australia: S&P/ASX 200 (.AXJO) Market Set to Open Flat Mounting concerns over a sharp escalation in the US-China trade war, rising interest rates, falling domestic house prices and weak wages growth all weighed on sentiment. The S&P-ASX 200 index dropped 0.3 per cent at the open, rallied to a 0.2 per cent gain and closed […]
Australia: S&P/ASX 200 (.AXJO) renewed and heightened threats by Donald Trump against Chinese goods Australian shares are poised to fall at the open, reflecting renewed and heightened threats by Donald Trump against Chinese goods. ASX futures were 23 points lower. The S&P/ASX 200 index shed 175.7 points, or 2.8 per cent, last week, its worst […]
Australia: S&P/ASX 200 (.AXJO) hits a two month low Australia’s S&P/ASX 200 (Index: ^AXJO)(ASX: XJO) and ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) indices finished lower on Thursday. Here’s a short recap of the Australian market: S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) lower 1.12% to 6,160.40 ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) lower 1.13% to 6,267.80 […]
Australia: S&P/ASX 200 (.AXJO) biggest fall in nearly 6 months The sharemarket fell to a one-month low on Wednesday as the looming threat of further US tariffs against China weighed on investors. The S&P/ASX 200 index fell for a fifth consecutive session, down 62.7 points, or 1 per cent, to 6230.4 as the major banks and […]
Australia: S&P/ASX 200 (.AXJO) Pointing Lower at Open Australian shares are poised to open lower, as copper and aluminium fell and Wall Street traded down. The Australian dollar lost 0.4 per cent, resuming its year-long slide. Local investors await the release later today of the second quarter GDP statistics. Wall Street slipped in its first […]
Australia: S&P/ASX 200 (.AXJO) Waiting for RBA policy meeting Current account second quarter, RBA policy meeting and cash rate decision, RBA governor Lowe speaks at a board dinner in Perth Capital Economics on pending GDP data: “The data on Australian business inventories and mining exploration mean that the risks to our forecast that GDP rose […]
Australia: S&P/ASX 200 (.AXJO) Set to Recover Losses from Friday The ASX is tipped to correct itself and open higher after faltering at the close in anticipation of a Wall Street dip that never eventuated. Threats of US imposed tariffs on China spooked the Australian market to close 32 points lower on Friday. However, Wall […]
Australia: S&P/ASX 200 (.AXJO) Rally Stalls Asia markets were broadly down on on Thursday afternoon after trading in positive broadly positive territory earlier in the day, as Australia’s third and fourth largest telecom operators announced plans for a merger. Down Under, the ASX 200 ended the trading day in flat territory and closed at 6,351.80. However, the […]
Australia: S&P/ASX 200 (.AXJO) gains to fresh 10-year high The Australian sharemarket rose for a fourth straight session while the local currency fell after Westpac lifted its variable home loan rates. The S&P/ASX 200 index closed 47.5 points, or 0.8 per cent, higher at 6352.2, advancing to a fresh 10-year high. The Australian dollar dropped […]
Australia: S&P/ASX 200 (.AXJO) are poised to open modestly lower Australian shares are poised to open modestly lower, even as base metals rallied, perhaps reflecting a slowing rally on Wall Street. ASX futures were down 7 points at 4.20am AEST. The Australian dollar edged 0.2 per cent lower. The overnight weakness seems to reflect an […]
Australia: S&P/ASX 200 (.AXJO) closes slightly higher as commodity prices rise The Australian sharemarket recorded its best performance in eight sessions as investors looked beyond the political uncertainty that plagued the market last week. The S&P/ASX 200 index closed 21.6 points, or 0.4 per cent higher at 6268.9 on Monday, rallying on the performances of […]
Australia: S&P/ASX 200 (.AXJO) are set to open the week steady Australian stocks are set to open the week steady, with the ASX 200 futures down one point after a week that saw the S&P/ASX 200 index fall 91.9 points, or 1.5 per cent, to 6247.3. The benchmark index traded defensively during a week of […]
Australia: S&P/ASX 200 (.AXJO) shares have closed flat Local shares have opened flat on Thursday with the ASX 200 oscillating between positive and negative in the early part of the session. Towards lunch, the main index is lower by 11 points or 0.18% to 6255. Financials have continued to weigh on the local bourse with […]
Silver Lake Resources Limited (SLR:AX) Heffx Upgrades to a Buy Rating Junior gold miner Silver Lake Resources has reported a 697% increase in net profits after tax for the financial year ending June, on the back of higher production and revenues. Net profit after tax for the 2018 financial year reached A$16.2-million, up from the […]
Australia: S&P/ASX 200 (.AXJO) Index Dropped 0.5% at Open Australia equities were lower at the close on Wednesday, as losses in the Utilities, Metals & Mining and Financials sectors propelled shares lower. At the close in Sydney, the S&P/ASX 200 fell 0.32%. The biggest gainers of the session on the S&P/ASX 200 were Altium Ltd […]