<strong>Rates dilemma for Reserve Bank</strong>
The Australian stock market moved higher on Monday, ahead of today’s Reserve Bank board meeting, which is widely expected to see a pause in interest rate...
<strong>Sunny days continue for local market</strong>
Australian shares closed stronger on Thursday, boosted by strong gains in the financial and information technology sectors. The optimistic mood was widespread,...
Managed fund levels head back toward record highs as returns improve
Growth in superannuation drove Australia's managed fund industry to near-record levels in the December 2022 quarter. While most asset classes delivered...
Origin bid reduced, but recommended, Domino's shares smashed, ASX sinks
A significant rally in the utilities sector, which gained 4.8 per cent on Wednesday on the back of a renewed bid for Origin Energy (ASX:ORG) wasn’t...
Market weakens a cyclicality returns, Hub profit surges, BHP cuts dividend
The S&P/ASX200 weakened a further 0.2 per cent on Tuesday, with little in the way of a lead from US markets. The materials and energy sectors stood out,...
ASX sinks to third straight losing week, Ingham's margin hit, QBE jumps on profit result
The local market finished the week 1.1 per cent lower, as the S&P/ASX200 dropped 0.9 per cent on Friday, marking the third straight week of declines....
<strong>Unemployment figure boosts market - perversely</strong>
Australia’s unemployment rate unexpectedly rose to 3.7 per cent in January, from 3.5 per cent in December, after 11,500 people lost work, according to...
ASX drops to three week low, coal tumble continues, staples outperform
The local market dropped 0.8 per cent on Friday, taking the weekly loss to 1.7 per cent and the lowest level for three weeks. The biggest driver was a heavy...
<strong>Australian market struggling for energy</strong>
The benchmark S&P/ASX 200 Index fell 39.8 points, or 0.5 per cent on Thursday to 7490.3; while the broader All Ordinaries index dropped 44.7 points, or...
<strong>Newcrest, Nuix provide market highlights</strong>
The benchmark S&P/ASX200 index on Wednesday advanced 26 points, or 0.4 per cent, to 7,530.1, while the broader All Ordinaries closed...
<strong>Rate rise rocks market</strong>
The local sharemarket copped its biggest fall in five weeks on Tuesday after the Reserve Bank of Australia (RBA) delivered a ninth consecutive rate rise, and...