NewsBite

Alex Gluyas

Today

Lithium carbonate prices have dived 86 per cent from the record $US78,200 a tonne reached in 2022, according to S&P Global Commodity Insights.

MinRes named the best stock to ride 2025 lithium bull run

Morningstar says now is the time to pile back into these shares before prices of the battery material go on a tear next year.

ASX slips from record; Amcor dips on $13b tie-up

Australian shares open lower as Ukraine strikes Russia. Bitcoin tops $US94,000. Nick Scali issues guidance warning. Follow updates here.

Yesterday

The Australian sharemarket is sitting just 0.5 per cent shy of its record high.

Sharemarket smashes record with ASX tipped to test 8600

While Morgan Stanley has upped its 2025 price target for the ASX 200 helped by rotation into BHP and Rio Tinto, there’s a good chance the market may get there sooner.

  • Updated
Local shares are set to open modestly higher.

Tech and energy buoy ASX; TechnologyOne jumps 10pc

Shares rise to fresh record. Santos to boost shareholder returns. TechnologyOne profits increase. Energy stocks rise as oil jumps. Follow updates here.

This Month

Chinese ports are being flooded with iron ore from Australia’s leading terminal.

Goldman reveals the best commodities to buy for 2025

The broker is among a growing chorus of banks tipping iron ore to remain below $US100 a tonne next year. Meanwhile, copper and gold are poised to rally.

  • Updated
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ASX nudges up, profit-taking hits CBA

Shares muted; Clinuvel prioritises business focus; Life360 CEO sells 1.2pc shares; Citi starts Cettire with ‘sell’, cuts Lovisa to ‘sell’; FleetPartners set for share-buyback. Follow updates here.

  • Updated
Sohn 2024.

Sohn: Howard Marks says Trump will come out swinging on China

ASX climbs 0.7 per cent at the closing bell. Antipodes’ Ross picks Airbus. IFM’s Bannan picks Corporate Travel. Ellerston’s Kourtis picks Perpetual. Sohn conference kicks off in Adelaide. Follow updates here.

  • Updated
Australian shares are poised to start modestly higher.

ASX rises as Xero leaps; BHP, Fortescue slide

Shares rally as CBA hits fresh record. Goodman suffers first strike against remuneration report. GrainCorp profit slumps. Orica releases full-year results. Iron ore below $US100 a tonne. Follow updates here.

  • Updated
Copper prices have fallen more than 6 per cent since Donald Trump was elected last week.

Copper drops below $US9000 as Citi slashes forecasts

The broker cut its price target by 10 per cent amid fears that higher US tariffs and underwhelming Chinese stimulus will delay a recovery in manufacturing.

  • Updated
Donald Trump with his sons: The US dollar is among the biggest beneficiaries of the president-elect’s sweeping victory.

US dollar surge to wreak havoc on $A, commodities

The powerful rally in the greenback since the US election has prompted strategists to rapidly adjust currency forecasts as investors flee metals and the Aussie dollar.

The ASX 200 is set to open sharply lower.

ASX falls as banks drop; MinRes sinks, James Hardie rallies

Australian shares end lower after S&P 500 slips and yields jump. James Hardie takes profit hit. Bitcoin nears $US90,000. Follow updates here.

Bitcoin’s rally is showing no signs of slowing down.

‘The chase is on’: Bitcoin tipped to hit $US100,000 within weeks

A record rally in the flagship cryptocurrency has ETF providers reporting huge inflows and exchanges enjoying frenetic activity.

  • Updated

ASX slips as miners fall; Paladin Energy sinks, Block rallies

Australian shares shrug off buoyant futures to dip lower. Bitcoin surges anew as Trump trades accelerate. Gold miners sink. Follow updates here.

Local shares are poised to start the week lower.

ASX falls as BHP, Rio tumble, bitcoin tops $US81,000

Shares ease; Endeavour flags retail hit; Stockland ups guidance; HMC plans IPO; CBA scales record high; austerity plan for Liontown; bitcoin hits new record. Follow updates here.

  • Updated
Financial markets are concerned about a trade war between the world’s two largest economies.

Mining stocks whacked as iron ore slumps towards $US100

Shares in Fortescue dropped 7.3 per cent and BHP fell 4.1 per cent as China’s underwhelming stimulus package weighed on iron ore prices.

  • Updated
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“It’ll cost around $50 trillion to $100 trillion to decarbonise the planet over the next 50 years, so that’s a lot of revenue for companies enabling the transition,” Griffin says.

This climate fund returned 74pc while preparing for Trump

As climate stocks plunged on news Donald Trump will be president, Munro Partners’ Nick Griffin remained unflappable as its climate fund extended its rally.

  • Updated
Local shares are set to open higher, as megacap techs rallied in New York.

ASX has best week since mid-August on rate cuts, China hopes

Shares lift; ANZ cuts final dividend; Block misses profit forecasts; Mayne Pharma up for sale; Quickstep soars on takeover bid rejection; Bitcoin eyes $US77,000. Follow updates here.

  • Updated
A Trump presidency is good news for crypto.

Bitcoin tipped to hit $US100,000 as euphoria floods crypto

Traders are betting its rally through $US76,000 is just the beginning of a powerful bull market, sparked by looser regulation under the return of Donald Trump.

The ASX 200 is set to open higher with NAB set to report.

Sigma lifts ASX in a choppy session

Shares rise; Wall St surges on Trump election; ACCC OKs Sigma-Chemist deal; Zip earnings jump; NAB’s profit falls; Quickstep soars on takeover bid; Scentre reaffirms guidance. Follow updates here.

  • Updated

Five charts showing how investors called the US election

Financial markets have ridden the highs and lows of one of the most polarising American election campaigns in history.

Original URL: https://www.afr.com/by/alex-gluyas-p4yw7q