ASX nears record on first day of 2024 trade
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.
World Markets
New tax to hit Aussie travellers
Aussie travellers will soon be hit by a new tax when trying to visit one of the nation’s most popular holiday destinations.
ASX falls in final session of 2023
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.
ASX200 closes in on record high
Australian shares continued to advance on Thursday as a rally in the materials sector pushed the benchmark to close just 14.6 points below its record high.
ASX up as iron ore soars to $US140 a tonne
In its first trading session after Christmas, the share market rallied on Wednesday as iron ore miners tracked gains in commodity futures.
ASX steady ahead of Christmas break
Despite gains in energy and real estate stocks helping to offset a drag in consumer staples, the sharemarket finished flat on Friday.
Aussie shares plummet as Wall St falls
The local share market lost ground on Thursday, as profit taking by traders led to a sell off in technology and real estate stocks.
Australian shares near record high
Australian shares advanced on Wednesday, as a record breaking session on Wall Street helped propel the local market to just 1.2 per cent below record levels.
ASX edges lower amid takeover frenzy
While the Australian share market lost ground on Monday, led by a fall in real estate stocks, billions worth of deals were lobbed or closed.
ASX books strongest week since July
In a week dominated by expectations of rate cuts from the US Federal Reserve in 2024, a rally in mining and energy stocks pushed the benchmark to a 20-week high on Friday
ASX hits 18-week high on US rate cut bets
The Aussie share market finished sharply higher on Thursday after the US Federal Reserve kept rates on hold and signalled cuts in the months ahead.
‘Serious risk’: Warning on dodgy China pills
The TGA has issued warnings about dodgy pills being shipped to Australia from China, with one product including ingredients that have been banned since 2010.
Sigma share price surges on merger news
The ASX has closed flat but the big news is the surge in Sigma Healthcare’s share price on continued merger news with Chemist Warehouse Group.
ASX on three-day winning streak
Ahead of key US inflation data to be released on Wednesday night, the ASX finished higher for the third day in a row, buoyed by a rise in interest rate sensitive stocks.
‘Cannot be ignorant’: Warning on PNG deals
Papua New Guinean Prime Minister James Marape has cautioned economic investment in his country is “more powerful” than measures to enhance security.
ASX flat as US inflation looms
A mixed session saw the local share market finish flat on Monday as a jump in energy stocks and a fall in the material sectors pulled the bourse in both directions.
ASX surges as traders bet on rate cuts
As new data showed the economy “hit the wall” in the September quarter, traders ramped up their bets the RBA would start cutting rates, sending the share market higher.
Worst week for Aussie shares in 6 weeks
As household borrowers breathed a sigh of relief as the RBA held off on another rate hike, the Aussie share market had its worst daily result in more than a month.
ASX rallies ahead of RBA decision
Ahead of the RBA’s final board meeting for 2023, the Australian share market reached a 10-week high on Monday as fears of further rate tightening continue to fade.
Marles touts AUKUS AI as China threat looms
Australian, UK and US defence ministers are touting a brave new world of AI-backed surveillance technology just days after the Chinese navy injured Australian military personnel in the East China Sea.
Why the Aussie dollar is soaring
With the Aussie dollar sitting at three-month highs, it’s good news for those planning a trip to the US, but what’s driving the gains?
Warning Australia too reliant on US, UK
Australian defence firms have become increasingly frustrated with what they say is a lack of new contracts and preference for foreign companies.
ASX rallies to close up
A rally in tech and industrials saw the benchmark finish in the green on Thursday as Origin Energy’s board rejected a proposed takeover bid.
ASX rebounds ahead of October CPI
Ahead of the release of fresh inflation data, which is expected to show prices eased in October, the Aussie share market rallied on Tuesday.
Aussie dollar hits three-month high
The Aussie dollar has spiked to a three-month high overnight, as Australia and the US eye off different paths for rate changes.
ASX sinks as miners, energy stocks fall
The ASX benchmark sank on Monday as falls in key commodity prices pushed major energy and mining companies lower.
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.
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 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.
Hundreds of visas issued to Palestinians
The Australian government has helped more Palestinians flee Gaza overnight but Foreign Minister Penny Wong says the situation remains “very difficult”.
Original URL: https://www.news.com.au/finance/markets/world-markets/page/12