Sharp fall on ASX no surprise
The ASX suffered its worst daily fall in almost two months – but the steep dip was bound to happen after a stellar run.
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The ASX suffered its worst daily fall in almost two months – but the steep dip was bound to happen after a stellar run.
The ASX closed firmly in the red after ending last week at fresh record highs, with banks and energy stocks among the big weights.
There was plenty of corporate news to digest on a jam-packed reporting season day, but the ASX finished barely changed from yesterday’s record high.
The ASX has once again set new records, with the benchmark index cracking 7600 points and CBA breaching $1.09 for the first time.
The astonishing rally on the ASX continues, with the local market achieving its fourth record close in the past five sessions.
The ASX looked set to rack up a remarkable fourth straight day of fresh record highs but couldn’t hold on, pulling back to finish flat.
The Australian sharemarket’s winning streak has been nothing short of remarkable, with the local bourse racking up its third straight day of record gains.
The Aussie market’s stellar run continues, racking up its second successive day of fresh all-time highs despite resources sector weakness.
The ASX keeps charging higher, with both key indices climbing to new all-time peaks, seemingly due to the RBA’s vote of confidence in the economy.
The ASX was unable to maintain momentum after yesterday’s fresh record high, but buy-now-pay later stocks kept basking in the glow of the Afterpay deal.
Tens of billions of dollars’ worth of takeover action sent the ASX flying to new record highs – yet again.
The ASX had a negative end to July but still wound up higher overall, notching up its longest monthly winning streak since the 2007 mining boom.
The ASX bounced back after slumping yesterday, with mining stocks again the winners while tech shares followed the lead of Wall Street’s Nasdaq index.
The ASX closed firmly in the red, ending its dazzling recent record-breaking rally, following a negative lead from Wall St.
A strong lead from Wall Street helped propel the ASX back into the green, recording its best session in a fortnight.
The ASX followed US markets lower, closing in the red for the second straight day as the highly infectious Delta strain spooked investors.
The ASX fell as the worsening Delta outbreak weighed on travel stocks, while the resources and banking sectors were the biggest losers.
Buy-now-pay-later stocks were again hit by news of US giants entering their arena, while travel stocks dropped as Victoria braced for another lockdown.
The ASX managed to climb higher despite the blow of Sydney’s lockdown being extended and buy-now-pay-later stocks taking a hit from a new entrant.
The ASX finished barely changed after a cash rescue package for Covid-stricken NSW provided a short-lived, last-minute boost.
The ASX recouped most of Friday’s losses despite giving back some of its early gains, with miners the standout performers.
The ASX gained ground after the PM’s four-stage plan to tackle and emerge from the Covid-19 pandemic boosted travel stocks.
A scary statistic “presents a threat” to companies around Australia, an expert has warned.
The ASX started the new financial year on a bum note after rallying 24 per cent in the past 12 months, with banks weighing on the market.
The ASX ended the financial year on a high, with the benchmark S&P/ASX200 index recording its biggest annual gain since its inception.
The ASX managed to creep higher after slumping in early trade, finishing barely changed following a lacklustre session as the nation’s outbreak worsened.
The longest weekly winning streak on the ASX this year has ended, with Sydney’s outbreak playing a role in the underperformance.
Australia’s share market has hit a two day low amid lockdown jitters from a growing coronavirus cluster in Sydney.
The ASX took a hit as the ballooning Covid cluster in NSW hurt travel stocks and broader sentiment, while broker comments on CSL didn’t help.
The ASX bounced back after Monday’s steep slump, recouping much of the losses amid warnings volatility could increase in coming months.
Original URL: https://www.news.com.au/topics/asx/page/26