CBA, Fortescue lead ASX to 5 week low
The major banks and miners continued to slump on Thursday, dragging the Australian share market to its lowest point in five weeks.
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The major banks and miners continued to slump on Thursday, dragging the Australian share market to its lowest point in five weeks.
The ASX’s weekly woes continued on Wednesday, as a big four bank and a major miner dragged the market heavily into the red.
Aussies are tipped to be a little richer at the end January, as superannuation funds have a ‘flying start’ to 2025.
A slump in the big banks and energy stocks pushed the Aussie market into the red on Tuesday, as the RBA struck a note of caution following its long-awaited rate cut.
Cult online beauty retailer Adore Beauty is riding a lift in revenues as it begins rolling out a bold plan to open more than 25 brick-and-mortar stores across Australia.
Banks weighed on the ASX on Monday with disappointing earnings updates from Westpac and Bendigo Bank pushing the index to the red.
Australia’s sharemarket continued its rally higher on Friday as traders factored in a more reserved Donald Trump on US tariffs.
The Aussie market finished at a new high on Thursday, helped by the listing of the mega Chemist Warehouse–Sigma Healthcare merged business.
The flamboyant boss of Chemist Warehouse, which lists on the ASX today for the first time, has pounced on a beachfront home for $25m — while keeping his existing luxury mansion.
The Australian sharemarket closed at a record high on Wednesday off the back of strong share price growth from the major banks.
A major fall in the healthcare sector dragged the ASX 200 down as the market factored in the latest update in US President Donald Trump’s tariffs.
The man behind a booming mining company in Indonesia has issued a stark warning about 10,000 Aussie jobs.
The Australian sharemarket traded relatively flat on Friday as the market waits for a key piece of data that could determine when the US Fed will cut interest rates.
The Australian sharemarket closed just off a record high on Thursday, as renewed optimism in the US-China relationship, spurred a rally in key stocks.
The Australian market broke a two-day winning streak on Wednesday as markets saw through US-China trade tensions.
The Australian markets had a promising trading day until the last hour when news broke that China and the US had failed to negotiate on tariffs.
Nearly $50bn was wiped off the Australian sharemarket on Monday as fears of a trade war led by US President Donald Trump tariffs ripped through the local market.
Friday’s rally in mining, real estate and technology stocks pushed the ASX 200 to a new record high.
The Aussie sharemarket soared on Wednesday as markets factor in the likelihood of a rate cut in February.
A smaller tech sector exposure and a strong performance from consumer discretionary stocks saw Australia finish marginally in the red, despite a sell off on Wall Street.
Major retailers were responsible for the Aussie sharemarket closing just shy of a record high – with the dollar also climbing to a new peak.
The Aussie sharemarket has snapped a three-day winning streak as consumer-facing stocks and an “unloved” mining sector drag the index lower.
Australian sharemarket firmed on Wednesday, as Donald Trump helped the strong performance by Australia’s tech sector and uranium shares.
The Aussie sharemarket closed up on a strong day of trading, as investors factor in the new US President and how his proposed tariffs will impact the market.
The Aussie sharemarket started the week on a high in a broad market rally, largely due to Donald Trump being sworn in as the next US President.
The Australian sharemarket slipped on Friday, despite a positive boost for the country’s commodity sector on the back of results out of China.
The Aussie sharemarket surged on Thursday, thanks to new data and led by the major banks and information technology stocks.
The Aussie market closes down despite a positive start to trade across the board, as investors look ahead for jobs data and US inflation updates.
Australia’s share market finished in the green on Tuesday, led by the major resources and property stocks, and a surprise report out of the US.
Banks, consumer discretionary and information technology stocks have slumped during a broad market sell-off on Monday.
Original URL: https://www.news.com.au/topics/asx/page/5