Aussie markets flat despite Qantas high
The ASX 200 traded sideways on Wednesday, after $48bn was wiped off the sharemarket during Tuesday’s trading.
The ASX 200 traded sideways on Wednesday, after $48bn was wiped off the sharemarket during Tuesday’s trading.
The ASX 200 has its worst trading day in seven weeks with all 11 sectors falling Tuesday. But there were pockets of strength for Aussie investors.
The ASX 200 has rallied strongly following strong falls on Friday, after a spate of good economic news
Australia’s biggest mining company has agreed to a massive settlement with the Brazilian government over an environmental catastrophe.
There’s new hope of a resolution to the industrial dispute affecting global energy markets with union workers agreeing to consider a set of recommendations to end the strike.
The Fair Work Commission noted the dispute between Chevron and unions has a potentially devastating effect on global energy markets, which was a key reason to expedite the next hearing.
The share market edged up to finish in the green at the closing bell for the fifth consecutive day of trading.
The Aussie share market remained largely flat with one major retailer seeing its profits slide by more than a third.
The Big Australian has produced billions in profits for shareholders, but the heady days of 2022 look to be over.
The Australian sharemarket closed flat at the end of the Friday trading session, bringing to an end its worst week in almost a year.
The Australian dollar has continued a major downward spiral today — dropping almost a full percentage point to a nine-month low.
The banks buoyed the Australian share market on Wednesday, after the Commonwealth Bank posted its full-year report.
THE Australian dollar has fallen to its lowest level in over four months, dragged down by lower US stocks and metals prices.
THERE is a legal battle over the new Australian $2 coins, with calls for hundreds of thousands of them to be destroyed.
Original URL: https://www.goldcoastbulletin.com.au/business/markets/australian-dollar/page/47