ASX falls to three-week low on Iran fears
Australia’s sharemarket slid during Monday on fears the Middle East conflict could escalate but the falls were limited thanks to one banking juggernaut.
Australia’s sharemarket slid during Monday on fears the Middle East conflict could escalate but the falls were limited thanks to one banking juggernaut.
As the Iran-Israel conflict worsens, motorists are being urged to take advantage of cheaper fuel prices today before it’s too late.
Alarm bells are ringing for a major ASX-listed fashion business as a brutal Trump slump and inflation shock smashes share prices.
Investors face a “nervous” week, with the ASX copping a $25bn loss on Monday morning as the fallout from the Middle East conflict sparks market chaos.
Investors face a “nervous” week, with the ASX copping a $25bn loss on Monday morning as the fallout from the Middle East conflict sparks market chaos.
Australia’s shares slid for the fourth straight day with a fall in banks and miners dragging the index lower on Friday.
In another blow for people trying to save, a major bank has cut the interest rate on a popular account for the second time in a month.
It was a mixed day on the markets on Thursday with CBA hitting a record high and BHP slumping with investors factoring in weak jobs data and the latest news out of Iran.
A slump in the price of iron ore and gold sent the ASX200 down on Wednesday, despite eight of the 11 sectors trading higher.
The Australian sharemarket was flat as concerns over the conflict in the Middle East continued to spook local investors, as Donald Trump issued a stark warning.
Cautious investors eventually pushed the Australian share market up slightly after a sea-sawing day of trading on Monday thanks to the Israel/Iran conflict.
A spike in oil and gold producing shares was not enough to lift the ASX200 on Friday as investors fear the fallout from the Iran-Israel crisis.
A spike in crude oil and gold was not enough to lift the ASX 200 as the banks slid during trading on Thursday.
Cautious investors lifted the ASX to a second consecutive record high on Wednesday, as “productive” trade talks continue.
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