ASX higher on energy rebound
A rebound in energy majors following a sell-off on Thursday saw the benchmark finish in the green on Friday.
Markets
ASX sinks on commodity slump
Following a drop in oil prices after the delay of an OPEC+ meeting and a decline in iron ore prices, the Australian share market lost ground on Thursday.
ASX closes down; New Origin offer ‘appears inferior’
Origin shares rise, has ‘significant reservations’ over proposal. AMP up on $100m class action settlement. Nick Scali CEO’s $50m selldown. First strikes for AV Jennings, Johns Lyng.
ASX flat as large caps offset tech loss
An advance in large cap stocks made up for losses in real estate and tech stocks, with the benchmark unchanged on Wednesday.
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ASX drops 2.1%, miners hit as iron ore prices tumble
Stocks were heavily sold off, finishing 2.1 per cent lower. Investors dumped mining stocks as iron ore futures fell more than 10 per cent. Transurban to raise $4.2bn for toll road deal. AusNet gets $9.6bn bid.
Fortescue smash sinks ASX, as iron ore falls
ASX 200 recovered slightly by the close from a 1% drop after iron ore continued to freefall. Fortescue lost 11%. Iress down 10.5%.
ASX closes up 0.6%, banks, CSL, BHP gain
Iron ore futures -12% in 2 days, ASX 200 gives up early strong gains, closing 0.6 per cent higher. Bank stocks, plus CSL, BHP, South32 gain. Jobless rate fell to 4.5% but employment dived.
ASX tipped to slip, Wall Street mixed
Stocks are set to open lower as the Dow rallied but other US indexes dipped. RBA speech on economy ahead.
ASX trims fall to close down 0.3%
ASX recovers from 0.8% drop to close down 0.3%. Iron ore futures fall. Apple unveils new iPhone. AGL record low.
Chinese property giant on its knees
Debt-stricken Chinese developer Evergrande has reached crisis point in more bad news for Australian investors and the iron ore price.
Fake press release boosts crypto value
A fake media release that was shared by news sites sent the stock market into a short-lived frenzy before the company involved revealed the truth.
Lowe speech lifts ASX from the doldrums
An upbeat economic speech from RBA governor Philip Lowe has provided a pleasant surprise for local traders.
Airport soars on $23.6bn takeover offer
The ASX 200 rose and shares in Sydney Airport flew as shareholders salivated over a new takeover offer by a consortium of superannuation investors.
ASX recovers to finish 0.3% higher, miners up
ASX 200 staged a late recovery, finishing 0.3 per cent higher. Big gains in Pilbara Minerals, Silver Lake Resources and Sydney Airport.
Original URL: https://www.heraldsun.com.au/business/markets/page/187