Australian Markets

Aussie stocks slump into bear market

THE Australian sharemarket has tumbled into a bear market, down more than 20 per cent since its peak last year with $342 billion shredded.

Australian Markets

A trader works at the New York Stock Exchange, Tuesday, Feb. 9, 2016. Stock markets have been in a slump so far this year after a lackluster 2015. Several factors have kept investors in a selling mood, including falling crude oil prices, waning growth in major economies and the prospect of Federal Reserve rate hikes after several years of ultra-easy monetary policy. (AP Photo/Mark Lennihan)

Australian market set to open higher

THE Australian market looks set to open higher despite international markets putting on weak performances.

Australian Markets

An information board illustrates movements in share prices at the Australian Stock Exchange in Sydney on Friday, Jan. 15, 2015. The Australian share market has opened higher, driven by resource and financial stocks after a strong performance on Wall Street as the US earnings season got off to a strong start. (AAP Image/Joel Carrett) NO ARCHIVING

ASX smashed in $40bn wipeout

RENEWED fears about slowing global growth have wiped more than $40 billion off the value of the Australian share market.

Australian Markets

Trader Gregory Rowe, center, and specialist Stephen Naughton, right, work on the floor of the New York Stock Exchange, Wednesday, Feb. 3, 2016. The stock market has given up an early gain and is trading lower at mid-morning Wednesday as investors give a thumbs-down to a number of corporate earnings reports, including steep cutbacks at Yahoo. (AP Photo/Richard Drew)

Australian market set to open lower

THE Australian market looks set to open lower after Wall Street sank sharply amid worries about interest rates and persistent fears of a global slowdown.

Australian Markets

Trader Gordon Charlop works on the floor of the New York Stock Exchange, Wednesday, Feb. 3, 2016. The stock market has given up an early gain and is trading lower at mid-morning Wednesday as investors give a thumbs-down to a number of corporate earnings reports, including steep cutbacks at Yahoo. (AP Photo/Richard Drew)

Australian market set to open lower

THE Australian market looks set to open lower after mixed performances in world stocks in a chopping trading sessions and as oil pared earlier gains.

Australian Markets

Trader Joseph Chirico, center, works on the floor of the New York Stock Exchange, Wednesday, Feb. 3, 2016. The stock market has given up an early gain and is trading lower at mid-morning Wednesday as investors give a thumbs-down to a number of corporate earnings reports, including steep cutbacks at Yahoo. (AP Photo/Richard Drew)

Australian market set to open higher

THE Australian market looks set to open higher following a positive lead in New York and an overnight rise in the price of oil.

Australian Markets

NEW YORK, NY - FEBRUARY 01: Traders work on the floor of the New York Stock Exchange (NYSE) on February 1, 2016 in New York City. Stocks fell sharply in morning trading with the Dow Jones industrial average falling over 80 points on renewed fears over the Chinese economy and another drop in oil prices. Spencer Platt/Getty Images/AFP == FOR NEWSPAPERS, INTERNET, TELCOS & TELEVISION USE ONLY ==

Australian market set to open lower

THE Australian market looks set to open sharply lower after stocks around the world fell as a further oil price rout heightened concern over global growth.

Australian Markets

Australian market set to open flat

THE Australian market looks set to open flat following falls on Wall Street after weak Chinese manufacturing data and oil prices resume their slide.

Australian Markets

NEW YORK, NY - JANUARY 29: Traders work on the floor of the New York Stock Exchange on January 29, 2016 in New York City. The Dow Jones Industrial Average rose more than 390 points today. Andrew Burton/Getty Images/AFP == FOR NEWSPAPERS, INTERNET, TELCOS & TELEVISION USE ONLY ==

Australian market set to open higher

THE Australian market looks set to open higher following gains on world markets after the Bank of Japan unexpectedly cut its interest rate to below zero.

Australian Markets

NEW YORK, NY - JANUARY 27: Traders on the floor of the New York Stock Exchange wait to learn if the Federal Reserve will raise interest rates during the afternoon of January 27, 2016 in New York City. The Federal Reserve last raised rates in December, 2015. Andrew Burton/Getty Images/AFP == FOR NEWSPAPERS, INTERNET, TELCOS & TELEVISION USE ONLY ==

Australian market set to open higher

THE Australian market looks set to open higher following gains on Wall Street amid a surge in world oil prices.

Australian Markets

NEW YORK, NY - JANUARY 27: A trader on the floor of the New York Stock Exchange reacts to the news that the Federal Reserve will not raise interest rates during the afternoon of January 27, 2016 in New York City. The Federal Reserve last raised rates in December, 2015. Andrew Burton/Getty Images/AFP == FOR NEWSPAPERS, INTERNET, TELCOS & TELEVISION USE ONLY ==

Australian market set to open lower

THE Australian market looks set to open lower following falls on Wall Street.

Australian Markets

Specialist Charles Solomon, left, and trader Jonathan Corpina work on the floor of the New York Stock Exchange, Tuesday, Jan. 26, 2016. Higher oil prices and some positive earnings news from U.S. companies are helping to send the stock market higher. (AP Photo/Richard Drew)

Australian market set to open higher

THE Australian market looks set to open higher following positive leads from Wall Street and Europe, which gained despite an earlier plunge in China.

Australian Markets

Traders work at the New York Stock Exchange, Friday, Jan. 22, 2016. (AP Photo/Mark Lennihan)

Australian market set to open lower

THE Australian market looks set to open lower following falls on Wall Street and further declines in the price of oil.

Australian Markets

A trader smiles as he follows prices before the opening bell at the New York Stock Exchange, Friday, Jan. 22, 2016. (AP Photo/Mark Lennihan)

Australian market set to open higher

THE Australian market looks set to open higher after Wall Street gained as rising oil prices pushed up energy stocks.

Australian Markets

Trader Fady Tanois works on the floor of the New York Stock Exchange, Wednesday, Jan. 20, 2016. Energy stocks are leading another sell-off on Wall Street as the price of oil continues to plunge. (AP Photo/Richard Drew)

Australian market set to open higher

THE Australian market looks set to open higher after Wall Street rallied after a hesitant start as oil prices surged towards their biggest gain this year.

Australian Markets

Michael Capolino, right, works with fellow traders on the floor of the New York Stock Exchange, Wednesday, Jan. 20, 2016. Energy stocks are leading another sell-off on Wall Street as the price of oil continues to plunge. (AP Photo/Richard Drew)

Australian market set to open lower

THE Australian market looks set to open lower after international markets fell deeply into the red as oil prices continued to plummet.

Australian Markets

Trader Timothy Nick, center, works on the floor of the New York Stock Exchange, Tuesday, Jan. 19, 2016. U.S. stocks are opening higher, led by gains in banks and technology companies. (AP Photo/Richard Drew)

Australian market set to open lower

THE Australian market looks set to open lower after falls on Wall Street which shed early gains, and oil prices again fell.

Australian Markets

Traders monitor stock prices at the New York Stock Exchange, Friday, Jan. 15, 2016. U.S. stocks plunged again on Friday, completing the worst two-week start to a year ever. (AP Photo/Mark Lennihan)

Australian market set to open lower

THE Australian market looks set to open lower following falls on Asian and European markets as fears for global economic growth persist.

Australian Markets

MONEYSAVERHQ .. generic photo of stock market

Disaster looms for Aussie market

THE Australian share market endured a horror morning — with persistent pessimism sparking fears of a “bear market” disaster.

Australian Markets

A trader monitors stock prices at the New York Stock Exchange, Friday, Jan. 15, 2016. U.S. stocks plunged again on Friday, completing the worst two-week start to a year ever. (AP Photo/Mark Lennihan)

Australian market set to open lower

THE Australian market looks set to open lower after Wall Street fell sharply with the S&P 500 sinking to its lowest since October 2014.

Australian Markets

Trader John Panin works on the floor of the New York Stock Exchange, Thursday, Jan. 14, 2016. U.S. stocks moved slightly lower in early trading Thursday, extending losses following the worst market drop since September. Investors had their eye on the latest company earnings and outlooks. Consumer discretionary stocks were among the biggest decliners. (AP Photo/Richard Drew)

Australian market set to open higher

THE Australian market looks set to open higher after Wall Street rallied strongly as a rebound in oil prices boosted energy companies.

Australian Markets

11/01/2016. Investors watch the market indicator boards at the Australian Stock Exchange (ASX) in Sydney. The Australian share market is on the back foot for a sixth straight day as local investors wait anxiously for the start of trade in China. Britta Campion / The Australian.

ASX shares close lower after US slump

THE Australian share market has closed 1.5 per cent lower, following a slump on Wall Street overnight.

Australian Markets

Trader Jonathan Corpina works on the floor of the New York Stock Exchange, Wednesday, Jan. 13, 2016. U.S. stocks are opening higher, led by gains in oil and gas companies as the price of crude turns higher. (AP Photo/Richard Drew)

Australian market set to open lower

THE Australian market looks set to open sharply lower after Wall Street gave up early gains and fell into the red.

Australian Markets

epa05098179 A pedestrian walks past a markets indicator board in Tokyo, Japan, 12 January 2016. Japanese shares plummeted for the sixth straight trading day of fall as market sentiment was undermined by a stronger yen, falling oil prices and concerns about China's economy. The benchmark Nikkei 225 Stock Average lost 479 points, or 2.71 per cent, to close at 17,218.96. EPA/FRANCK ROBICHON

‘It will turn very ugly indeed’

IT’S going to be a “cataclysmic” year. A jittery stock market and China fears are pushing the world to the brink of another crisis.

Australian Markets

A trader, foreground, uses his handheld device as he works on the floor of the New York Stock Exchange, Tuesday, Jan. 12, 2016. U.S. stocks are opening higher, led by gains in big technology companies, which have had a rough start to the year. (AP Photo/Richard Drew)

Australian market set to open flat

THE Australian market looks set to open flat after US and European shares pared earlier gains when depressed oil prices failed to sustain a rally.

Australian Markets

Trader Andrew Silverman works on the floor of the New York Stock Exchange, Monday, Jan. 11, 2016. U.S. stocks are opening higher as the market shakes off the latest drop in China. (AP Photo/Richard Drew)

Australian market set to open lower

THE Australian market looks set to open lower after another losing session across major international markets on continuing China worries.

Australian Markets

The Australian Stock Exchange (ASX) market indicator boards show the opening drop, Sydney, Tuesday, Jan. 5, 2016. The Australian stock market opened sharply down following Wall Streets worst new year opening in more than a decade. (AAP Image/Dean Lewins) NO ARCHIVING

Share market’s $103b wipe-out

THE Australian share market has dropped to the lowest level in two-and-a-half years, as China trouble hits home.

Australian Markets

FILE - In this Wednesday, Jan. 6, 2016, file photo, trader Gregory Rowe works on the floor of the New York Stock Exchange, as stocks are opening lower as investors fret about signs of belligerence in North Korea and more weakening of China's economy. Tumult in China triggered the worst opening week for U.S. stocks in history, and investors could get plenty more to worry about in the following week. (AP Photo/Richard Drew, File)

Share market set to open lower

THE Australian market looks set to open sharply lower after Wall street ended a volatile week with its worst five-day start to a year ever.

Australian Markets

Specialist John O'Hara works at his post on the floor of the New York Stock Exchange, Thursday, Jan. 7, 2016. U.S. stocks are opening sharply lower as worries intensify about China's economy and dropping oil prices. (AP Photo/Richard Drew)

Australian share market sinks lower

THE Australian share market is on the back foot for a sixth straight day as local investors wait anxiously for the start of trade in China.

Australian Markets

HUAIBEI, CHINA - JANUARY 07: (CHINA OUT) An investor observes stock market on January 7, 2016 in Huaibei, Anhui Province of China. Chinese shares slumped to a halt in half an hour on Thursday which was the second halt in the four trading days of 2016. The Shanghai Composite Index fell 245.96 points, or 7.32 percent, to halt at 3,115.89 points. (Photo by ChinaFotoPress/Getty Images)

Investors anxiously watch China’s market

IT took just 15 minutes for the Australian dollar to rise after earlier falling to a three month low as local markets respond to China’s trading halt.

Original URL: https://www.news.com.au/finance/markets/australian-markets/page/63