ASX down as Fed spooks investors
A grim warning by US Federal Reserve chair Jerome Powell saw the Australian share market finishing lower on Friday, erasing the week’s gains.
Markets
ASX down on large-cap falls; costs pain stays
ASX closes down. Inflation to stay above target until Dec 2025: RBA. NAB hit with downgrades as other large-caps Xero and REA fall. Suncorp down on bank contractions. Magnis tanks.
Last Big Bank smacks Aussie homeowners
Australia’s biggest bank is the last of the Big Four to slug Aussie homeowners with another lift in interest rates. Here’s how much you’ll pay.
ASX edges higher but tech hammered
Despite heavy losses in tech and energy stocks, the local benchmark edged higher due as health stocks rose.
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ASX200 ends up 0.8% on US gains
Australia’s S&P/ASX 200 share index closed up 0.8% at 7308.7 points after hitting a 4-day high of 7354.8 on strong US gains.
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ASX ends down after 1.2% dip
Stocks recovered nearly all their early losses by lunch but closed in the red. Blow for Crown, BHP record quarter, JB Hi-Fi surges, Santos in Oil Search merger offer.
ASX biggest fall in four weeks
ASX 200 suffers biggest one-day fall in the past four weeks, down 0.9% at the close. Oil Search boss quits. Super funds booming. Rents rising fast. Altium, Nick Scali respond to reports.
ASX closes up, US futures recover
ASX 200 closes up 0.2% at an intraday high of 7348.1, jumping 11 points in the closing single price auction.
ASX200 slips as VIC locks down
Australia’s share market weakened as Victoria confirmed a five-day lockdown starting at midnight Thursday.
ASX ends +0.3% amid M&A speculation
M&A speculation and a rebound in consumer confidence helped Australia’s share market rise slightly despite weaker offshore markets, sharp falls in the BNPL sector and worsening Covid news.
Australia’s sweet revenge against China
China’s brutal tactic against Canberra has backfired spectacularly, with Australia holding firm and continuing to reap the rewards.
ASX200 ends flat after early jump
The ASX 200 closed flat after an early jump. Lockdowns, Covid restrictions delivered a major blow to business confidence. AustralianSuper CEO to step down.
ASX200 ends up 0.8%; BHP +3.2%
Australian shares rose strongly on light volume after China’s liquidity boost late Friday boosted global markets and investors brushed off Sydney’s worsening Covid outbreak and the prospect of an extended lockdown.
Original URL: https://www.heraldsun.com.au/business/markets/page/194