ASX finishes week on a positive note
ASX has experienced its second day of gains, as the energy sector sees a boost following the changes in the core lithium and nickel industries.
ASX has experienced its second day of gains, as the energy sector sees a boost following the changes in the core lithium and nickel industries.
The Australian sharemarket has lifted for the first time this week, as the tech sector benefits from a major takeover bid.
The Australian sharemarket has lifted for the first time this week, as the tech sector benefits from a major takeover bid.
The Australian sharemarket fell again on Tuesday as it reacts to the half year results of companies.
Three Aussie drop outs created a $100m business from Bondi, Australia. Here’s how they will take on America.
Gains in utilities and materials saw the Australian sharemarket climb on Wednesday as companies announced some big news.
Australian shares surged on Friday to reach a fresh record just two days after closing at a previous all-time high.
The dream of owning your own home has motivated millions to save over generations, but the latest data on new loans for first home buyers suggests many Aussies are giving up.
After climbing to a record high on Wednesday, the share market lost ground as US Federal reserve chair Jerome Powell warned rate cuts by March were “unlikely”.
The share market hit a new high on Wednesday as better than expected inflation figures raised hopes of an end to interest rate hikes.
The ASX came within 2.3 points of breaking its record high set almost two and a half years ago.
The energy sector propelled the benchmark higher on Monday as fears of a broadening of conflict in the Middle East intensified.
Buoyed by a rally in material stocks on Wednesday, the Australian share market edged higher to finish in the green.
Buoyed by a rally in health care stocks and a positive lead from Wall Street, the local market climbed for a third straight session – its longest for the year.
After the US benchmark index climbed to a record high, the local share market started the week on a positive note on Monday.
Led by a rally in tech stocks, the local share market finished in the green for the first time in five days, but closed out the week 1 per cent lower.
The share market extended its losses on Thursday, as property, energy and material stocks dragged the benchmark lower.
After a negative lead from Wall Street, the share market extended its losses on Wednesday with energy stocks weighing on the benchmark.
With all sectors posting declines, the local benchmark slumped to its lowest level in four weeks on Tuesday.
An acceleration of inflation in the United States and an escalation of tensions in the Red Sea pushed the benchmark lower on Friday.
Interest rate sensitive stocks buoyed the benchmark on Thursday as softer-than-expected inflation data helped offset losses in the mining sector.
Despite a cooler than expected inflation reading for November, the share market lost ground on Wednesday as iron ore miners dragged the benchmark lower.
The local benchmark continued to lose ground amid continued uncertainty over the timing and depth of rate cuts.
Striking workers have put a $2.3bn green energy build at risk over demands of a 17 per cent uplift in pay.
After posting strong gains in November and December, the local share market is off to a rocky start in 2024.
A privately held coal company has slipped into administration just two days after Christmas, putting the livelihoods of about 300 people at risk.
Fears that central banks will not cut interest rates as aggressively as anticipated stoked a broad selloff on the benchmark on Wednesday.
The share market finished higher in its first day of trading for 2024, with the benchmark index just five points away from reaching its all time high.
Aussie travellers will soon be hit by a new tax when trying to visit one of the nation’s most popular holiday destinations.
The local benchmark sank in its final session of the year, as investors looked to lock in some profits to cap off a solid December run.
Original URL: https://www.news.com.au/finance/markets/australian-dollar/page/5