ASX snaps five-day losing streak
Led by a rally in tech stocks, the local share market finished in the green for the first time in five days, but closed out the week 1 per cent lower.
Markets
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.
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.
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ASX gains 1.5pc on tech; Zip, A2 Milk, Block gain
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Buoyant ASX surges to three-week high
It was a strong session for rate-sensitive technology and payment firms as the local sharemarket started the week sharply higher.
Elon’s ‘futuristic’ bold new plan
The world’s richest person has big plans to enter the hospitality industry with plans submitted to get the ambitious project underway.
Elon Musk’s shock recession prediction
Tesla CEO Elon Musk has claimed a US recession would “actually be a good thing”, insisting the nation needed a “rude awakening” after the pandemic.
ASX rallies to cap volatile week
The Australian sharemarket followed Wall Street higher to finish the week higher.
ASX closes up on energy rally; Appen big loser
The local bourse closed up 1.08 per cent at 7182.70. Pointsbet and Credit Corp top performing stocks. Virtus switches to BGH. Drama at Appen AGM as shares plunge. Battery Ventures enters Infomedia race. Retail sales rise.
Gun stocks soar after Texas massacre
Shares in American guns and ammo manufacturers have skyrocketed in the wake of the Texas massacre for one reason.
ASX drops; Telus walks from Appen buyout
ASX lower as staples and miners struggle. Telus rescinds $1.2bn Appen bid, Qantas cuts flights over fuel prices, Yancoal takeover, Virtus talks with BGH and Endeavour falls on inflation woes.
Original URL: https://www.couriermail.com.au/business/markets/page/198