Growing virus fears dent ASX confidence
The local sharemarket has slumped after a growing coronavirus cluster in Sydney’s northern beaches caused new fears of further lockdowns.
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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.
Aussie stocks gained momentum towards the end of the trading day amid hopes the federal budget will deliver much-needed stimulus to the ailing economy.
Optimism this week’s federal budget will contain strong measures to stimulate the economy pushed the Australian share market higher.
The Australian share market was already in negative territory before US President Donald Trump tweeted his COVID-19 diagnosis, then rapidly went even further south.
A hopeful US stimulus package has prompted an upbeat end for Thursday’s local trading day, with Australian mining shares rallying.
The Australian share market closed slightly lower despite the extension of Federal Government support to the aviation sector boosting travel-related stocks.
The Federal Government’s plan to loosen responsible lending laws boosted bank stocks, driving the Australian share market higher.
The Australian share market bounced back in a rally that impressed analysts, but volatility is expected to continue until after the US election.
The Australian share market has narrowly avoided its fifth straight week of losses, with banks among those weighing on stocks.
A cautious outlook for the property market has caused the Australian sharemarket to slip, with major banking shares taking a tumble.
The Australian sharemarket has ended the local session stronger as resuming vaccine trials rallies global economic confidence.
The Australian stock market finished the week lower, with the benchmark index weighed down by banks, big miners and tech stocks.
The Australian share market rose after a three-day Wall St sell-off was snapped, with tech stocks regaining some ground.
A massive tech stock sell-off on Wall St and lower oil prices have helped plunge the Australian share market firmly into the red.
A strong lead from European share markets has combined with a higher iron ore prices to help push up the ASX for the second consecutive day.
Banks, miners and bargain hunters helped push the share market marginally higher, but nowhere near enough to offset Friday’s big plunge.
The ASX has shed $50 billion within a half-hour window today, nosediving almost 3 per cent by midday and erasing all gains seen in the past month.
The Australian stock market closed higher for the second straight day, with the S&P/ASX200 breaching the key 6100-point mark.
The Australian stock market slid into the red as the latest earnings reporting season wrapped up, with economists deeming it the weakest in many years.
Investors responded positively to full-year earnings reports from Bega, Woolworths and gold miner Perseus, pushing the market higher.
Utilities, banks and miners weighed on the Australian share market, which sunk into the red after starting the trading week with two straight days of gains.
A multi-millionaire magnate who escaped Victoria’s lockdown on a luxury yacht has been forced to move into hotel quarantine at his own expense.
A strong lead from Wall Street saw the S&P/ASX200 burst out of the gates, almost reaching the key 6200 point mark before pulling back to close 0.5 per cent higher.
Original URL: https://www.news.com.au/topics/asx/page/27