ASX closes down after record day
The ASX closed down on Wednesday as investors took advantage to take a profit following a record day of trading on Tuesday.
Markets
ASX 200 down 0.6pc after record high but CBA hits another record
Australia’s stock market retreats from a record high, but CBA does it again with another record high close, Analysts unpack Amcor’s Berry buy. Freight issue risks Nick Scali profit. EV volatility hits PWR Holdings profit margins.
ASX 200 closes in on record high
The ASX 200 is trading up 2.6 per cent for November during the traditionally strong trading period leading into the ‘Santa Claus’ rally in December.
ASX 200 at all-time high; CBA hits record
ASX 200 soars to record high on large scale buying before a late selloff. RBA ‘vigilant’ on inflation risks. Goyder to chair Perron Group. TechOne hits record after profit jump on a strong day for tech stocks. CBA, Xero, WiseTech also hit records. Elders dives after capital raise. Santos buoyant on higher returns promise
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RBA refuses to rule out more rate hikes
The Reserve Bank of Australia is steadfast in its fight against inflation, even if it means mortgage holders will pay even more in the coming months.
RBA makes call on mortgage stress
Aussie mortgage holders are in theory the most exposed to interest rates rises in the world, yet there is little evidence of a mortgage cliff, the RBA said.
Experts make major rate call
Aussies are doing what the Reserve Bank of Australia is asking and cutting back on spending, but they might need to wait nine months for a reduction on their mortgage.
ASX 200 rises to four week high
The ASX 200 rose slightly during Monday’s trading, pushed higher largely by Australia’s resource companies.
ASX 200 rises; Woolworths denies ‘land banking’
Sites ‘held for strategic reasons’ Woolworths tells ACCC. SafetyCulture CEO to step down. Queensland coal ‘sugar hit’ won’t last: BHP. Elders in $475m buy after missing profit expectations, CEO extends stay. ASIC sues NAB.
Sign Aussie building battles ending
One of Australia’s largest property developers is flagging green shoots in the market which has struggled throughout 2024.
ASX bounces during Friday’s trading
The ASX 200 rose slightly during Friday’s trading, as the market had a benign broad based rally as Donald Trump announced more key appointments.
ASX 200 rebound continues; top investors meet at Sohn conference
ASX recovers from fall this week. New MinRes, Chris Ellison revelations weigh. Brazil court clears BHP in dam collapse case. Sohn Hearts & Minds Conference attendees learn from global fund managers about future trends and their hottest stock picks. Follow here.
Push for big change for all Aussie workers
A powerful union is pushing the federal government to legislate a huge workplace change that will affect every single Aussie worker.
ASX 200 trims gains; Goodman, IPH get first strike
‘Incredible value’ in CFMEU relationship: Cbus CEO. Major Pacific Smiles offloads stake, aiding Genesis in takeover battle. Tech giants ‘free riders’: CBA boss. IPH, Goodman get first strikes against executive pay.
Original URL: https://www.dailytelegraph.com.au/business/markets