Market soars on inflation data, China restrictions, technology in focus
The local market rode the US inflation data wave, gaining 2.8 per cent on Friday, buoyed by the hope that interest rate hikes may be set to ease. Every sector...
Market drops despite massive Origin takeover bid, Xero CEO quits
The local market weakened as crypto turbulence spread into global equity markets, with the S&P/ASX200 falling 0.5 per cent. Half of the markets sectors...
Gold miners lift market, Orica, NAB deliver strong reports, News sinks
The local market was buoyed by an unexpected surge in the price of gold, which moved beyond US$1,700 per ounce once again. The result was a 2.5 per cent gain...
Market overcomes energy weakness, James Hardie sinks on weak property market
The S&P/ASX200 gained another 0.4 per cent on Tuesday with a broad-based rally managing to overcome a selloff in the energy sector. The staples...
Commodity push market higher, Westpac profit flat, banks sold down
The local bourse managed a positive start to the week, with signs of an improving economic outlook in China boosting the commodities sector. Materials gained...
Block jumps, market finishes higher, CSR, Pendal deliver
The local sharemarket capped another positive week, closing 0.5 per cent higher on Friday on the back of a surge in the oil price. The energy sector gained 3.4...
Are we there yet? Inflation and interest rates likely to keep rising: Sage Capital
Central banks are likely to continue inflating interest rates around the world, with the US federal reserve at the vanguard. Be wary of thinking markets have...
Market flat ahead of Fed decision, Amcor slides, building approvals slump
The local market managed a small gain on Wednesday, adding 0.1 per cent, as strength in the energy and materials sectors, up 1.1 per cent each, offset losses...
Another 0.25 per cent hike, market rallies, the end is near
The local market was spurred on by a smaller than expected cash rate increased by the Reserve Bank of Australia. The 25 basis point increase once again...
Tech pushes market to gain, rate decision ahead, EML slump deepens
The local market followed a strong overseas lead to post another 1.2 per cent gain on Monday, spurred higher by a rally in the technology and discretionary...
Market sinks on commodities, real estate gains, Brainchip tanks
The local market finished the week on a negative tone, falling 0.9 per cent as the country’s largest iron ore miners were hit by further falls in the...