ASX sinks to 12-month record low
With the Israel-Hamas war entering its “second stage”, the Aussie share market has fallen to its lowest level since October 24 2022.
Markets
ASX 200 enters ‘correction’
ASX 200 now down 10.4 per cent from February peak. Retail sales beat estimates. Qantas to fight ACCC ‘ghost flight’ case. Bell Rock sells 35 million Whitehaven shares. Tietto jumps. Star Entertainment, IGO drop.
CBA, BHP lift ASX; Azure gains
Rinehart play buoys SQM target Azure. Roy Hill mine’s $2.7bn annual profit. Future Fund’s quarterly return dips. Harvey Norman gains on $442m share buyback. Coles leads consumer staples higher.
ASX drops to low for the year
The benchmark sank to its lowest level of the year so far as interest rate sensitive stocks tumbled on increased odds of a November rate hike.
More Stories
ASX tumbles as inflation alarm bells ring
The war in Ukraine continues to push energy prices higher, but instead of benefiting local miners, attention has now turned to the possibility of stalled economic growth.
Shares crash amid new Russia fears
Hopes for a quick resolution to the conflict in Ukraine have been lost — and its resulted in the worst decline in US shares in 16 months.
ASX falls; Qantas dives on oil surge
ASX lower as investors sell tech and health stocks. Qantas dives on oil surge as Woodside hits two-year high, AGL slips on rejected bid and Rio Tinto fined.
ASX ends 5 days of gains but up 1.6pc for week.
All sectors were down bar the defensive staples but it has been a week of resilience thanks to resources-sector gains on commodity-price strength.
War’s winners and losers on the stockmarket
Vladimir Putin’s brutal war on Ukraine is chaotically reshaping the global economy, and investors should be prepared to make changes. Here are the potential winners and losers on the ASX.
Miners, energy stocks drive ASX gains
ASX 200 extends gains for a fifth day in a row, led by mining and energy companies. Santos CEO reverses MinRes board move and CommSec to pay $20m fine for overcharging.
Coal stars as ASX rides resources wave
Further gains for oil and iron ore on the ASX 200 and near-record coal prices fuelled a rollicking run for Australia’s resources sector.
ASX extends gains as oil soars
ASX 200 extends gains for fourth day, closing up 0.3 per cent after GDP jumps in fourth quarter as US futures turn up, damping negative offshore leads. Oil prices spike.
Original URL: https://www.couriermail.com.au/business/markets/page/199