Local stocks rise for a fifth day in a row amid expectations the Reserve Bank will deliver another 25 basis points rate cut in May, as inflation hit its target range for the first time since 2021. Technology and property stocks lead gains.
Chris Ellison’s troubled Mineral Resources reassured investors that there are no plans to raise capital amid renewed capital governance concerns.
Billionaire Chris Ellison-led mining giant a top gainer. ASX 200 rebound ‘looks vulnerable’: UBS. Endeavour taps former Virgin fix-it CEO. Tripp’s Betr lobs ‘funded’ bid for PointsBet.
Lynas talks up opportunity in China-US fight. Bega preps for Fonterra deal. James Hardie allays governance concerns. Tariff impacts weigh on Flight Centre, Brambles. Telix down on FDA blow.
Westpac’s Luci Ellis predicts rate cuts in May, Aug, Nov. Miners lead local gains. Mixed Asian markets reflect Trump trade uncertainty amid softening stance on China.
Trade deals optimism rises as US President Donald Trump softens stance on China, Fed chair Jerome Powell. Paladin top gainer. Safe-haven gold pulls back from its record high.
Gold record rings alarm bells for the global financial system. ASX ends flat as CBA and gold miners soar. Macquarie shares climb on $2.8bn asset sale to Nomura.
The local sharemarket extended gains in afternoon trade, driven by a sharp rebound in energy stocks and buoyant gold miners. Jobs data won’t push RBA rate cut in May. BHP gains on steady March quarter. Woodside spikes on LNG deal, oil price.
Sigma’s billionaire director cashes in. Star shares down after roller-coaster start. Zip top gainer. BOQ lifts on profit beat. Asian markets red as Nvidia-led falls loom. China warns of US tariff pressures.
Casino giant Star’s accounts reveal line ball call as going concern, CEO’s $12.1m ‘cash guarantee’. Bellevue Gold tanks after discounted raise. Collins down on Taco Bell exit plans.
Original URL: https://www.adelaidenow.com.au/journalists/valerina-changarathil/page/7