Aussie stocks bounce back from sell-off
The Australian sharemarket has ended the day higher despite early morning jitters in wake of the GameStop saga.
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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.
Original URL: https://www.news.com.au/topics/asx/page/30