ASX bounces back, new record for Zip, Afterpay
The ASX bounced back from Tuesday’s tumble, with buy now pay later stocks hitting record highs.
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The ASX bounced back from Tuesday’s tumble, with buy now pay later stocks hitting record highs.
The ASX was dragged lower by bank stocks but the group known as the ‘millionaire’s factory’ bucked the downward trend.
Mining stocks drove the Australian sharemarket higher, helped by a strong lead from Wall Street, while a telco takeover target soared.
The ASX wiped out Thursday’s losses and ended the week 3.5 per cent higher after an RBA move and commentary boosted bank stocks.
Gold, healthcare and travel stocks were among the losers as the ASX snapped its three-day winning streak.
The ASX continued its winning streak after a Wall Street buying bonanza, with Australian banks still strong, helped by an ‘on fire’ housing market.
The Australian sharemarket edged higher on Tuesday, as global markets recovered from the shock of the GameStop short-selling saga.
The Australian sharemarket has ended the day higher despite early morning jitters in wake of the GameStop saga.
The ‘overheated’ ASX has taken another breather, while the bizarre US GameStop saga unexpectedly boosted an Aussie business.
The ASX suffered its biggest daily tumble in four months after Wall Street fell sharply overnight, with few stocks in the green.
Resources stocks dragged the ASX lower, with the benchmark index returning below the key 6800 point mark, but Wesfarmers shares hit a record high.
The ASX is not far off its all-time high. So was Warren Buffett right in warning ‘be fearful when others are greedy, and greedy when others are fearful’?
These two softroaders have been a big hit with Aussie families, but the maker has discovered a potential fault in some models that could prove deadly.
Breville shares hit a record high on the stockmarket today, supermarkets fared well and Youfoodz leapt after a strong quarterly report.
The ASX pulled back after its recent strong run, with Fortescue among the losers after being forced to release first-half profit guidance.
Buy-now-pay-later company Zip Co and the fashion retailer behind Katies were big winners as the ASX hit an 11-month high.
The ASX keeps surging, reaching an 11-month high, while last year’s roaring success story Afterpay has hit a fresh record.
A takeover target, an outage-hit tech firm and a fast food favourite were among broad gains on the ASX, which surged higher today.
Banks, mining and energy stocks dragged the Australian sharemarket lower but healthcare and some retail stocks gained ground.
The ASX finished flat after two straight days of gains as shares in buy now pay later market darling Afterpay climbed to a fresh record.
Tech and healthcare stocks bounced back impressively after being the worst performers this week, while banks also helped drive the ASX higher.
The Australian share market has finished the day slightly up after a shaky trading day which was fuelled by stimulus prospects in the US.
Tech, mining and healthcare stocks dragged the Australian sharemarket lower but it would have been worse without gains by the big banks.
The Australian sharemarket started the week dragged lower by tech and gold stocks, but higher oil prices boosted the energy sector.
Financial markets have overlooked the turmoil unfolding in the US, finishing the first week of the New Year in positive territory.
The Australian sharemarket has ended the day stronger, riding the Democratic win in the Georgia election runoffs.
The Australian share market has ended Wednesday’s trading day lower as the US Senate election run-offs spark ongoing jitters.
The local sharemarket has recovered from an early sell-off sparked by Senate election jitters in the US.
Australia’s stock market dropped to its lowest point in three weeks following a global share sell-off sparked by the new, mutated strain of COVID-19.
The ASX closed slightly lower due to shakier sentiment amid the growing coronavirus cluster in Greater Sydney.
The local sharemarket has slumped after a growing coronavirus cluster in Sydney’s northern beaches caused new fears of further lockdowns.
Stronger commodities prices and positive economic data pushed the ASX higher but travel stocks struggled amid a surge in COVID-19 cases in NSW.
The ASX had its best day since December 1, with miners and tech stocks among the big winners.
With China’s intensifying trade war against Australia now seemingly targeting mining exports, resources stocks dragged the ASX lower.
The Australian sharemarket shrugged off a weak lead from Wall Street to close in the green, with shares in Afterpay reaching record highs.
The ASX again slipped lower, with the big surprise being CSL’s hopes of producing a locally developed COVID-19 vaccine dashed.
The ASX fell for the first time in eight days, with analysts saying that was bound to happen after a strong winning streak.
The ASX winning streak has continued for a seventh straight day, with health stocks and Commonwealth Bank among the winners.
The ASX scraped higher to rack up a six-day winning streak despite a largely negative US lead.
Higher iron ore prices helped the Australian sharemarket rack up its fifth straight day of gains.
The ASX racked up its fourth straight day of gains and is on track for its fifth consecutive week in the green, with resources stocks among the winners.
The ASX finished pretty well where it started despite better-than-expected GDP figures showing the economy is no longer in recession.
The ASX started the final month of the year in positive territory, gaining momentum throughout the session, with Domino’s Pizza a standout performer.
The ASX fell for the third straight session but November was the strongest month on the local market in 32 years.
The ASX lost ground, not helped by China’s wine tariff news, but is still at nine-month highs and on track for a stellar month.
Shareholders pocketing recently achieved gains drove the ASX lower today, with banks among stocks sold down.
The ASX has erased almost all of the losses suffered this year after a historic rally on US markets, driven by vaccine hopes and Donald Trump’s capitulation.
Oil stocks played a big role lifting the ASX higher, buoyed by more encouraging vaccine news and keeping the local market near nine-month highs.
The Australian sharemarket started the week in positive territory, with the resources sector driving gains due to higher commodities prices.
The Australian sharemarket was on track for its fifth straight day of gains but closed marginally lower after a late sell-off.
The ASX clawed higher despite a negative US lead, with far better than expected jobs data keeping the market on track for its best month in 32 years.
The ASX has leapt to heights not seen since late February before the coronavirus pandemic took hold, shrugging off negative leads from overseas markets.
After a disastrous tech meltdown, the Australian sharemarket resumed trading, gaining ground on fresh COVID-19 vaccine trial results.
The ASX has accepted the blame for a technology meltdown that caused massive disruptions to Australian sharemarkets.
Monday’s ASX session has been abandoned after a technical glitch forced trading to halt from 10:30am, leaving traders hanging.
The Australian sharemarket pulled back after five straight days of gains, with some pointing to spikes in COVID-19 cases in the northern hemisphere.
Positive news of a promising coronavirus vaccine has prompted an ongoing sharemarket surge with local stocks hitting eight- month highs.
After rallying on the certainty of the US Presidential election result, the ASX has again surged higher, this time on coronavirus vaccine hopes.
Australian shares have surged at the open of the trading day following positive news of a potential new coronavirus vaccine.
Certainty about the US election drove the Australian sharemarket its best close since the start of the coronavirus pandemic.
Punters were furious after the TAB’s technical problems left many unable to have a bet on the weekend before the investors had their say about Tabcorp on the Australian Stock Exchange on Monday morning.
The Australian sharemarket capped off a solid week on a high note, with the stronger Australian dollar boosting mining stocks.
The Aussie sharemarket has ended the day higher amid trade tensions with China and ongoing uncertainty about the US election.
The Australian sharemarket finished almost unchanged after a rollercoaster session as the all-important US election results trickled in.
The Australian sharemarket seesawed before recouping a fraction of last week’s losses in an ‘unconvincing’ session as US election uncertainty remains.
The Australian sharemarket suffered its worst weekly fall since April in a “choppy and unremarkable” trading session ahead of big news next week.
The ASX followed overseas markets lower amid worries about COVID-19 cases surging in the northern hemisphere and a contested US election.
The ASX fell to a three-week low on the back of negative leads from overseas markets and weaker oil prices, which hit energy stocks.
The Australian sharemarket breached a key resistance level in morning trade but ground lower as the day wore on, with banks and miners losing ground.
A ‘less chaotic’ US Presidential debate and National Cabinet’s agreement to reopen almost all state borders by Christmas helped the ASX on Friday.
The Australian sharemarket clawed back after an early tumble but still closed lower, with energy stocks losing ground after oil prices plunged.
The Australian sharemarket held firm after new economic data failed to excite investors, but resources and bank stocks gained ground.
The Australian sharemarket fell after the RBA gave no clear signal of a Melbourne Cup Day rate cut, with banks and miners losing ground.
Australian stocks ended Monday’s trading day on a seven-month high, despite weaker than expected figures coming out of China.
The Australian share market ended its recent strong rally as ‘risk off’ sentiment crept back, with the benchmark index retreating below its key resistance level.
A hint from the Reserve Bank of Australia that an interest rate cut could be coming boosted the local share market to a seven-month high.
The Australian sharemarket dipped after its recent winning streak, as widely expected, with Flight Centre among the worst performers.
The benchmark S&P/ASX 200 index eclipsed a milestone before pulling back, but the Australian sharemarket still closed at a seven-month high.
The new ASX website has got off to a disastrous start – crashing, not showing company announcements, missing old features – and users aren’t happy.
Big-name retailers and brands like JB Hi-Fi, Kogan and Breville surged after the Federal Budget boosted consumer spending prospects.
Original URL: https://www.news.com.au/topics/asx/page/26