ASX rebounds as Middle East tensions fade
Markets regained their composure on Monday after an apparent easing in hostilities between Iran and Israel.
Markets
ASX rebounds; South32 up; Woodside down
Market finishes in the black. Star ex-CEO Robbie Cooke recalls ex-lawyer to inquiry. Coal standout in South32’s mixed quarterly update. Eneco founder’s market manipulation sentence. ATO rues PwC failure to take tax leaks seriously.
ASX 200, AUD fall on Israel’s Iran hit
Asian equity markets rattled by escalating Middle East tensions. AUD around US64c. Gold and oil rise. ASX 200 down 2.8 per cent this week. Star inquiry ends with allegations of ‘misleading’ regulators.
ASX snaps five-day losing streak
Firmer than expected unemployment data failed to ease concerns that the RBA will hold interest rates steady through to 2025.
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ASX rises 0.4pc; coal, lithium miners rally
ASX breaks a three-day losing streak on energy and materials. Aussie dollar rebounds, Link suffers downgrades, gloomy outlook hits REITs and Santos rises amid PNG offer.
Warning for Australia in pound’s collapse
The British pound has crashed to an all-time low against the US dollar as the currency’s slump serves as a major warning for Australia.
15 minutes that cost Aussies billions
The Aussie sharemarket has plummeted as fears of a looming global recession continue to grow.
ASX drops 1.6pc; coal miners lead energy wipeout
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‘Scary’ scenes as global markets plunge
Wall Street neared bear market territory on Friday as stocks fell sharply to end the week with the Dow down more than 800 points.
ASX falls 2.4pc for week; tech stocks dumped
All sectors down after sharp falls on ASX 200. Tech and discretionary hardest hit, coal miners buck trend, bond yields surge, MinRes loses lithium boss and OZ green lights mine.
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