Yesterday
ASX records fourth week of gains; CBA slides; Qantas rallies 4pc
Shares fell at the closing bell; Trump, Xi commit to talks; Qatar tie-up won’t prop up earnings, Virgin says; Tesla’s four-year low; $A hits six-month high; iron ore rallies.
This Month
ASX slips, MinRes leaps 15pc; Citigroup to cut 3500 tech jobs in China
Shares slip; Trump’s lithium push boosts MinRes, IGO; Citigroup’s profitability push; profit-taking hits CBA; Toys R Us in administration; iron ore drops.
Investors cash in as CBA soars past $300b but distortion fears grow
The bank’s relentless share price rise has seen its value soar well above the second-largest stock, BHP, despite brokers broadly considering it overpriced.
ASX on brink of record as CBA tops $181; Paladin up 9pc
Shares rise, CBA tops $300b; suitor looks to terminate Mayne Pharma buyout; uranium stocks rally; President Xi ‘very tough’ to deal with, Trump says.
ASX hits February high, CBA resets record; IDP shares wipe 48pc
Sharemarket posts best day since May 2; CBA tops $178 a share; IDP launches cost, profitability review as placements plunge; $A retreats. Follow live.
ASX retreats, US-China tensions sizzle; Brickworks surges 27pc
Shares retreat, steel tariffs boost BlueScope; Opthea’s director exodus; Soul Patts, Brickworks to merge; oil up 2pc; iron ore hits one-month low. Follow live.
May
Lithium rout intensifies as UBS urges clients to sell
The broker downgraded Pilbara Minerals, IGO and Liontown to a “sell” rating on Friday after cut its price forecasts on the battery material.
ASX notches second monthly gain; Di Pilla’s HealthCo surges
Shares rise; UBS downgrades lithium stocks; Catapult leaps; retail sales slump, traders see three RBA rate cuts; HealthCo defers Healthscope rent; oil drops.
ASX resets three-month high; Paladin hit with second class action
Shares rise; Woodside up 2.8pc; Nasdaq futures soar 2pc; Trump appeals court ruling; Paladin to ‘strongly defend’ class action; Brent up 1pc. Follow live.
ASX erases gains as banks drop; Web Travel rallies 12pc
Shares slip; profit-taking hits banks; CPI ahead of forecasts; government approves Woodside gas extension; Web Travel rallies; MinRes lowers guidance.
ASX nears all-time high; ACCC probes REA, iron ore extends sell-off
Shares close higher; Mac Copper confirms takeover; REA probed over alleged price gauging, sources say; Capstone Copper rallies; iron ore slumps. Follow live.
ASX hangs in the balance; $A hits six-month high; WiseTech rallies
Shares close unchanged; $A tops US65¢; Citi tips $US3500 for gold again; WiseTech’s biggest acquisition; Origin warns of earnings hit. Follow live.
ASX rises; Origin warns of $55m LNG hit; Fortescue down 2pc
Shares rise; CBA, ANZ extend gains; lower contract pricing hits Origin earnings; Fortescue energy chief resigns; uranium miners surge; QBE credit upgraded.
ASX drops; Rio Tinto chief exec Stausholm to step down
Shares fall; US stocks dive; Rio Tinto seeks successor to Stausholm; Wesfarmers warns on lithium losses; Lynas gets double upgrade; gold retakes $US3300.
Banks buoy ASX; Mayne Pharma plunges; bitcoin at four-month high
Shares lift; CBA holds near record; Mayne Pharma-Cosette tie-up in question; Nufarm crashes 30pc; fundies sound alarm on James Hardie; bitcoin surges.
ASX rises; RBA board debated 50 basis point cut, says Bullock
Shares higher; bonds climb after RBA’s 0.25pc cut to 3.85pc; CBA at fresh record; big four banks cut home loan rates; Telstra’s profit push. Follow live.
ASX retreats as market looks to RBA; MinRes tumbles 9pc
Shares, US futures edge lower; RBA rate call in focus; miners a sea of red; New Hope trims guidance; MinRes gets new chair; gold bounces. Follow live.
ASX rises to three-month high; David Dicker calls time
Shares advance; IAG downgraded; Dexus’ APAC stake at risk; Appen leaps 20pc; Dicker Data co-founder to step back; ANZ says RBA may hold. Follow live.
ASX rises as CBA hits fresh record; Capricorn boss quits
Shares edge higher; April jobs top forecasts; CBA shares near $170; Graincorp ups guidance; Capricorn boss aggravated assault charge dismissed; oil plunges.
ASX rebounds; UBS downgrades US; Insignia dives 15pc as Bain pulls bid
Shares trade in narrow range; wage growth accelerates; US rally spurs UBS GWM downgrade; ASIC sues Macquarie; Insignia bidding war dissipates; oil tops $US66.