ASX 200 rises on health stocks
ASX rises for third day straight after US records. Prices, costs growth fall sharply: NAB survey. Future Fund cautions market on inflation fight. Another executive leaves Qantas.
Markets
ASX posts gain as Zip zips ahead
After the US benchmark index climbed to a record high, the local share market started the week on a positive note on Monday.
ASX 200 gains; Perseus bid for OreCorp
Critical minerals pullbacks by Liontown, Chalice, South32 and Andrew Forrest’s Wyloo. OreCorp battle heats up. Appen plunges after losing Google contract. Zip gains.
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.
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Apple boss reveals crypto investment
Billionaire Apple chief Tim Cook has disclosed that he owns cryptocurrency and that he has been interested in it “for a while”.
ASX200 -0.2% at 3-day low as banks tumble
The ASX200 finished down 0.2% at a 3-day low close of 7434.2 as banks tumbled after NAB’s result. Chalice surged 29% on its nickel find. Newcrest slightly down after a Canadian purchase.
‘Mind-blowing’: Bitcoin shatters record
The “mind-blowing” growth of the cryptocurrency market has seen a massive new record broken.
Real reason for Musk’s $25 billion gamble
Elon Musk’s poll about selling Tesla stock sent the world into a frenzy, but the real reason he’s selling might be a mammoth tax bill.
Travel, energy gains mask risk-off mood
It was a lacklustre session for the Australian sharemarket with gold, energy and travel firms helping the index mask technology sector weakness.
ASX closes flat; travel stocks gain
Australia’s share market was flat in quiet trading despite Friday’s gains on Wall Street. Stocks closed down 4.7 points with the energy sector and travel stocks posting gains.
Bunnings group snaps up iconic brand
An iconic Australian pharmacy chain has found a new home alongside a host of other big-name brands in a $760 million takeover deal.
Cloud over 170 jobs amid shock closure
The Brisbane-based workforce of a $6bn fertiliser company is reeling after a decision that could lead to mass redundancies over the next 14 months.
Elon Musk’s $28 billion ‘coin flip’
Elon Musk — the world’s richest man — has promised to sell 10 per cent of his Tesla stock if his followers on Twitter tell him to.
ASX ends week on a high; Afterpay bid ‘fair’
Australia’s sharemarket rose at the end of a solid week in which investors shrugged off concerns over upward pressure on interest rates. The S&P/ASX 200 closed up 0.4 per cent.
Original URL: https://www.dailytelegraph.com.au/business/markets/page/194