RBA will need to cut ‘at least another couple of times’. PointsBet shareholders approve Mixi offer. CBA hits $192. Star investors back $300m rescue deal. Xero taps institutions for $4bn-plus US buy.
Strong IPO debuts build on ASX optimism over possible de-escalation of Middle East tensions. Whyalla Steelworks’ sale process begins. CBA hits record. Rio Tinto and Gina Rinehart plan a new iron ore mine.
Australia’s sharemarket slid during Monday on fears the Middle East conflict could escalate but the falls were limited thanks to one banking juggernaut.
Broad based losses amid concerns about the fallout over the bombing of Iran’s nuclear facilities by the US. But investors snap up financial and energy stocks. All eyes on key oil corridor Strait of Hormuz amid fears oil may hit $US100 a barrel.
One of Australia’s biggest banks is reportedly about to swing the axe on an estimated 1500 jobs in a massive redundancy cull.
Australia’s sharemarket traded higher on Tuesday after the Reserve Bank of Australia left the door ajar for more rate cuts.
ASX investors have kept the ASX winning streak alive during Friday’s trading thanks to a surge in property and healthcare stocks.
CBA hits intraday record of $172.92, surges past best ‘fair price’ estimates. What to expect from the RBA next week. Trump’s week of Arab bromance. David Dicker steps down from Dicker Data.
A surge in the banking sector on the back of better than expected employment figures has helped drive the ASX200 higher during Thursday’s trading.
The sharemarket has closed higher for a seventh day in a row following April’s 89,000 jobs bounce and expectations the Reserve Bank will cut interest rates on Tuesday. GrainCorp soars on profit upgrade. CBA continues to power ahead, hitting a record of $169.74.
There’s been a huge update as Gilmour Space Technologies enters its launch window to fire off a rocket into orbit.
Australia’s share market closed higher for the sixth consecutive trading session, after seesawing throughout the day, on the back of a strong bump in energy and technology stocks.
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