Aussie market eases to two-month low
Utilities and tech shares dragged the S&P/ASX 200 lower on Monday, as the benchmark lost 19.2 points, or 0.3 per cent, to 6,719.9 points, its lowest...
Energy reversal hits market, inflation drags ASX lower, Atlas Arteria falls
It was a sea of red on the S&P/ASX200, with the market closing down 1.5 per cent on Friday, resulting in a 2.1 per cent loss for the week. A reversal in...
ASX gains on energy, coal, Woodside's Paris ambitions, Tyro's new CEO
The Australian sharemarket managed to follow the US, posting a gain of 0.2 per cent on Thursday with the energy sector leading the way, up 3.7 per cent. New...
Interest rate hikes won't be felt until December
Higher rates are leading to property prices rolling over and investors rushing for the exits. As ever, though, in times of pressure loan serviceability remains...
Market sinks on US inflation, property, tech lead selloff, Atlas capital raising
The local market fared better than global shares on Wednesday, falling 2.6 per cent in comparison to the 5 per cent drop in the Nasdaq. There was red across...
Four straight winning days, consumer, property sectors outperform, Ramsay deal cut
The local market managed a fourth straight day of gains, adding 0.6 per cent behind a strong performance from the property and consumer facing sectors....
Commodity prices boost local market
Australian shares advanced for a third straight day on Monday, driven by the materials sub-index, which rode rising commodity prices to a 2.2 per cent gain....
RBA spurs market to gain, Mineral Resources rockets, Nuix jumps
The local market was buoyed to a significant 1 per cent gain for the week, following a strong day on Friday. The 0.7 per cent gain was driven by the energy and...
RBA speech boosts market, Link deal set to proceed
The Australian sharemarket surged in the afternoon, gaining more than 1.6 per cent after the Reserve Bank Governor flagged a more cautious approach to future...
Market retreats, healthcare, currency boost, Metcash upgrades
The Reserve Bank of Australia’s aggressive pursuit of a neutral interest rate policy setting has offered a challenging backdrop to the sharemarket this...
Rate Rises the New Normal
After a positive start, the local market turned tail after the Reserve Bank board lifted the cash rate target by 50 basis points to 2.35 per cent, its highest...