Banks, miners drag ASX lower
Australia’s shares slid for the fourth straight day with a fall in banks and miners dragging the index lower on Friday.
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.
Australia’s sharemarket has surged to a record high shortly after the opening bell, as investors grow giddy about a possible trade deal.
The Australian sharemarket closes in on a record high during Tuesday’s trade as banks and tech stocks soared.
Rio Tinto’s mammoth Tomago aluminium smelter is reportedly close to collapse, putting some 6000 jobs at risk.
Australia’s sharemarket dropped during Friday trading, as cautious investors await the release of US economic data and Trump and Musk have a public spat.
Australia’s market basically has traded flat on Thursday as investors await key economic news out of the US and Europe.
Share market bellwether Commonwealth Bank rose to a record Australian high on Wednesday, helping to drag the market higher.
Australia’s sharemarket continued its gains during Tuesday’s trading as the Commonwealth Bank soared to a new record high.
Cautious investors dragged the ASX 200 lower during Monday’s trading on the back of the latest developments from the White House as well as growing geopolitical tensions.
Australians are tired of being slugged to pay for their morning coffee with a card and want more transparent payment options, new research shows.
A bounce in the major banks and consumer staples in trading on Friday has helped drive the ASX to its best month since January.
The Reserve Bank of Australia could fast-track rate cuts after disappointing April retail sales figures.
Cautious investors helped lift the ASX 200 on a slow trading day on Thursday, despite a major court ruling which could help global trade.
Australia’s sharemarket snapped a four day winning streak during Wednesday’s trading after monthly inflation data came in hotter than expected.
The ASX 200 is closing in on record high as bullish sentiment in the Australian market persists amid unstable global conditions.
Cautious investors barely moved the ASX200 on a quiet day on the market, despite Wall Street rallying on the back of the latest US President Donald Trump walkback.
The ASX200 eked out a small gain on a quiet day of trading on Friday following US President Donald Trump’s latest announcement.
While mortgage holders will be cheering on lower rates, Australian savers will once again get smashed by the latest RBA announcement.
A major Australian employer has paused operations, leaving hundreds of workers in limbo, as President Trump’s tariffs wreak havoc.
Australia’s sharemarket dipped after setting a 50-day high, with growing unease over US spending plans sparking a cautious turn among global investors.
A new record high for Australia’s largest bank as well as strong gains in the energy and healthcare sector helped drive the share market to a three-month high.
Aussie entrepreneur Mark Bouris has made a huge call on the future of rate cuts for the year, after the Reserve Bank cut the official cash rate by 25 basis points.
Original URL: https://www.news.com.au/finance/markets/australian-dollar