ASX ends losing streak, lifts 1pc
IMF sees potential need for RBA hike. Yancoal leads coal miners. Whitehaven flags partial sale of Blackwater mine. NAB CEO sees late 2024 economic recovery. Santos’ NT Barossa nod.
Markets
ASX slips for fifth straight session
The share market extended its losses on Thursday, as property, energy and material stocks dragged the benchmark lower.
ASX 200 closes down; APM, Liontown drop
The ASX 200 falls to a five-week low. Liontown dives. APM hits record low. Jobless rate remains 3.9 per cent. BHP flags nickel cuts, slashes coal guidance.
ASX 200 ends down on weak China data
ASX at fresh five-week low. China GDP up 5.2pc in 2023. Ecuador seeks $US209m from Worley. NAB sees rates on hold until November. Evolution Mining dives, Citi upgrades to a buy.
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Energy surge can’t lift downbeat ASX
There were strong gains for oil, gas and coal companies but not much else during Thursday’s ASX session.
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ASX breaks glass ceiling in historic first
The company that runs the $2.5 trillion Australian sharemarket has made history with a huge announcement.
ASX rises despite lithium carnage
Lithium players, gold miners and technology stocks copped a hammering on Wednesday, but gains for a host of blue-chips managed to drag the ASX higher.
ASX up, led by Fortescue, Telstra, TPG
ASX 200 closed up 0.3 per cent after a mixed session. Fortescue was the top performer followed by Telstra and TPG. However, investors dumped lithium stocks. GDP up 0.8 per cent, which bodes well for the economy. Origin sold off after dumping guidance.
Chalmers says ScoMo ‘left us a mess’
Prime Minister Anthony Albanese has barely had time to warm his seat as new data shows just how tricky the road ahead is going to be.
Huge China move is great news for Australia
World markets have shared a sigh of relief as Shanghai announced huge changes to a Covid-19 lockdown that has strangled the global economy.
ASX falls 1pc as CBA, ANZ, BHP weigh
Banks and tech stocks drag ASX down. Suncorp tumbles on ‘climate’ downgrade, Star ‘not suitable’ for licence, building approvals decline and crude oil hits three-month high.
Original URL: https://www.couriermail.com.au/business/markets/page/195