Aussie shares dip lower on big bank fall
The Aussie sharemarket dipped lower on Wednesday as bank stocks tumbled.
The Aussie sharemarket dipped lower on Wednesday as bank stocks tumbled.
The sharemarket dipped lower on Tuesday as the RBA delivered some hawkish rhetoric on interest rates, even as the miners boomed on fresh Chinese support.
The Australian sharemarket tumbled on Monday as supermarket giants Coles and Woolworths retreated on the ACCC’s bombshell legal move.
The world’s biggest economy has just cut interest rates by a “jumbo” 50 basis points. Here’s what that means for Australia.
The Australian sharemarket booked a fresh record high on Thursday as investors celebrated the US Fed’s “jumbo” rate cut.
The local sharemarket traded flat on Wednesday as investors moved cautiously before Thursday morning’s pivotal Fed rate cut decision and the release of key jobs data.
The rate cut rally in Australian shares continued on Tuesday, with the local bourse hitting fresh highs once again as it booked a fourth consecutive session in the green.
Australia has signed a massive new trade deal with a Middle-Eastern powerhouse, but the agreement has sparked controversy.
Growing jubilance around this week’s interest rate cut in the world’s largest economy propelled Aussie shares to a record high.
Aussie homeowners have been smashed with interest rate pain for years now and a leading economist warns the stress isn’t going to end anytime soon.
The Australian sharemarket lifted on Tuesday on the back of a rally in energy stocks and some relief from a rattled Wall St.
After a stratospheric rise, a global tech giant has suffered an excruciating bloodbath with investors running for the hills in a day of losses.
The Aussie share market finished the week, and the reporting month of August, in the green as it marked the third straight week of gains.
The local sharemarket lifted on Monday as buoyant investors cheered the prospect of a September rate cut in the world’s largest economy.
The Australian sharemarket advanced for a 10th consecutive session on Thursday, marking the longest rally in stocks since 2015.
Australia’s biggest mining company is reportedly looking at Indonesia’s nickel industry following the shut down of its vast nickel operations in Australia.
Bumper results from a bellwether retail giant injected renewed confidence into the Aussie sharemarket on Monday.
A man at the top of the Reserve Bank of Australia has warned Aussies against “false prophets” who claim to know what will happen in the future.
The Australian stockmarket has ended a wild week on a positive note, propelled by renewed confidence on Wall St that the US will avoid a recession.
There has been an enormous sell off of stocks in markets around the globe amid fears the world heading towards a major recession.
Stock markets around the world plummeted on Monday amid growing fears that the US is heading for a recession.
Bitcoin has surged in value after Donald Trump promised to make a bombshell sacking on his first day in office if he is elected President.
The sharemarket retreated on Tuesday on the back of a sharp mining slump.
Aussie shares booked a positive session on Monday on the back of a relief rally from Wall St on Friday.
More pain could be on the way for mortgage holders and the Albanese government, with an all-important data release tipped to show ‘persistent inflation’ in the economy.
The Australian sharemarket slumped into a sea of red on Thursday as a gruesome tech rout on Wall St crippled confidence.
Tech companies are no longer the darling of investors as the “Magnificent Seven” reported a drop in earnings.
The Australian sharemarket edged lower on Wednesday as investors opted for caution following days of political chaos.
The Australian sharemarket has lifted to break a three-day losing streak on Tuesday on the back of an tech-led Wall St rebound.
The fallout from the CrowdStrike global tech outage and US President Joe Biden’s decision not to run again have helped push down the Australian sharemarket on Monday.
A run-up in Aussie shares came to a halt on Friday, with a Wall St rout and mining sell off pushing the market into a sea of red.
The Australian sharemarket lifted on Wednesday on the back of a rising Wall St bull run.
The latest numbers on new home starts are out and it isn’t good news for battlers struggling to live the Australian dream.
Some dark economic data out of China triggered a sell-off in heavyweight mining stocks on Tuesday, pulling the Aussie market down from record highs.
Aussies shares continued to rally higher on Monday, crossing the 8000 threshold for the first time in history on speculation of imminent rate cuts in the US.
The Australian sharemarket has closed out the week on a record high as investors position themselves for imminent US Federal Reserve rate cuts.
Australia’s largest company will suspend its vast nickel mining operations, putting up to 2500 jobs in limbo.
The benchmark ASX200 has flown close to record highs on Thursday following a huge night of trading on Wall St.
There’s a growing crisis in Australia’s trucking industry, and shoppers everywhere will be the losers.
Mining stocks have weighed down the sharemarket again this week, with the benchmark ASX200 dipping into the red on Wednesday.
The sharemarket has started the week on a low note after a retreat in iron ore and oil prices over the weekend.
The Australian share market drifted lower in quiet trading on Friday as investors stepped cautiously before Wall St’s big Friday.
A fire at a major coalmine has caused hundreds of workers to be sent home and their futures are uncertain.
One company’s epic fall from grace has sparked fears that a major market correction is on the way.
The Australian sharemarket tumbled on Wednesday after a shock inflation print sparked fears of a possible rate hike.
The Australian sharemarket notched a powerful rebound rally on Tuesday on the back of iron ore and oil price rises and a surge in banking behemoth Commonwealth Bank.
Just days after becoming the darling of the entire world, it’s turned into a bloodbath for one company.
The Australian sharemarket fell sharply in a ‘punchy session’ to start the week, dragged down by a selloff in the energy and materials sectors.
Australian equities rose modestly on Friday to cap off a positive week buoyed by Wall St gains.
In the biggest float in three years, the burrito merchant had a stunning performance on its first day on the ASX.
Ever wanted to own a Mexican fast food business? Well now you can, with burrito giant Guzman y Gomez going public today in a bid to take on kingpin McDonald’s.
Hawkish remarks from the Reserve Bank haven’t rattled investors, with Wednesday recording a quiet day of trading following Tuesday’s strong advance.
Wall St hit fresh highs overnight but it wasn’t enough to lift Aussie equities, with the ASX200 drifting lower on extended weakness in China.
Australian investors have reacted positively to better-than-expected US inflation data, with new hopes the Federal Reserve could cut rates soon.
The share market shedded 1.3 per cent as investors awaited the Federal Reserve’s much anticipated meeting on Thursday for a signal on its interest rate path.
After a tech-propelled rally on Wall Street overnight, the Australian share market followed suit.
Following a two-session rally, shares on the Australian stock market slipped as iron ore and oil prices tumbled.
Aussie shares shrugged off a grim night on Wall St to end a three-day losing streak and finish the week with a broadbased rebound.
The Australian sharemarket fell for its third straight session on Thursday, dragged down by Wall St, inflation fears and a tumble at BHP.
Australian shares slumped on Wednesday after hotter-than-expected CPI numbers renewed inflation fears and narrowed the likelihood of rate cuts this year.
The Australian sharemarket fell lower on Tuesday after weak retail sales data hit discretionary stocks.
Ten of 11 industry sectors ended in the green on Monday in a rebound ahead of crucial retail and inflation data.
Booking a four-day losing streak, the sharemarket fell to close out the week after investors were rattled by hotter-than-expected services and manufacturing data.
With Federal Reserve officials indicating interest rates will likely remain higher for longer, investors took profits in commodities on Thursday.
Paring back its early gains, the sharemarket inched lower to finish in the red for a second consecutive session.
A rally in prices for key commodities including oil, iron ore, nickel, gold and copper sent the benchmark within 33 points of its record high.
The Aussie sharemarket has fallen one day after it was a “smidgen away” from record highs at the close.
One of Australia’s energy titans will cut 200 jobs, blaming a delay in ‘growth activities’ for the cull.
Aussie stocks lifted on Wednesday on the back of a mining rally fuelled by bourse heavyweight BHP.
Australian shares dipped lower on Tuesday as investors continue to tread cautiously before a flood of data comes this week.
Australian shares were flat on Monday before important inflation data is released midweek.
Consumer and financials were crunched on Thursday as investors grew increasingly concerned with the impact of elevated inflation on households.
A rally in interest rate sensitive stocks on Wednesday pushed the sharemarket into the green for a fifth consecutive session.
The chief executive of one of Australia’s biggest banks has laid bare the stress Aussie homeowners are going through.
Australian shares notched a tepid bounce on Thursday following some dovish rhetoric from the US Fed and positive sentiment around half-year results from NAB.
Aussie shares slumped on the first day of the new month as anxieties mount about US inflation and interest rates.
Aussie stocks edged higher on Tuesday after a slump in retail sales pushed back fears of impending rate hikes.
While bond traders have sharply revised their interest rate bets, equity investors appear unconvinced that a resumption in hikes is likely.
After stronger than expected economic data, traders have built up bets that the Reserve Bank could hike interest rates again.
Australia’s largest mining company is swooping in on a rival coal and copper giant in a transformative $60bn takeover bid.
Original URL: https://www.news.com.au/finance/markets/world-markets/page/4