ASX notches consecutive record closes
The ASX200 has notched a consecutive record closing high on Thursday.
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The ASX200 has notched a consecutive record closing high on Thursday.
The Aussie sharemarket marked another record high as investors responded positively to the news that inflation came in below expectations.
Following Rex’s decision to halt trading on the ASX, the carrier’s latest move has signalled more strife is headed for the airline.
Rex has suspended bookings on its capital flight services as staff report being refused entry into a company-designated hotel due to unpaid bills.
The regional flyer has been temporarily suspended from trading on the ASX following rumours the company had engaged financial services firm Deloitte.
The Australian share market has rebounded better than expected to finish off the week despite international influences.
Another casualty of this once popular sector has seen the company go under despite being worth millions just years ago.
A day after setting a new 52-week high, the Aussie sharemarket retreated at the closing bell on Thursday.
Some dark economic data out of China triggered a sell-off in heavyweight mining stocks on Tuesday, pulling the Aussie market down from record highs.
Telstra jacking up phone plan prices led to a surge in trading in the telco on Tuesday, as the telecommunications behemoth reached a three month high.
Mining, building and financial shareholders dined out on Thursday, boosted by construction hope in China and a record run on Wall Street.
Heavy discounting, competition from Kmart and Big W and a $12m gamble were signs of a “road to ruin” but another “disaster” is looming from the failure.
Elon Musk becomes $10bn richer overnight, as US gains filter through to the Australian market in trading on Wednesday.
Winning approval for cannabinoid products is a monumental task, with none having reached over-the-counter status. But these ASX stocks are working on it.
An inflation sensitive Aussie stock market fell only slightly on Thursday as it rebounded in the wake of the surprising CPI jump this week.
The Australian sharemarket fell sharply in a ‘punchy session’ to start the week, dragged down by a selloff in the energy and materials sectors.
Australian equities rose modestly on Friday to cap off a positive week buoyed by Wall St gains.
A gay leading Australian businessman has expressed concerns about an ASX move he fears could “encroach on privacy and people’s individual lives”.
In the biggest float in three years, the burrito merchant had a stunning performance on its first day on the ASX.
The future of an Aussie online retailer looks uncertain after it halted trading on the Australian Stock Exchange.
Hawkish remarks from the Reserve Bank haven’t rattled investors, with Wednesday recording a quiet day of trading following Tuesday’s strong advance.
A drug which could make a huge difference to HIV-1 infected people has returned promising results – driving up biotech Biotron’s share price by 15 per cent.
Discovery Capital Partners says interest in the likes of gold, copper and graphite has risen, with small caps – such as these five – starting to see the love.
Research house MST Access has initiated coverage on Brookside Energy, one of the few ASX companies in the North American oil and gas sector with a valuation 5x its share price.
Word is that demand for Guzman y Gomez’s Thursday IPO is so hot investors won’t be able to satisfy their appetite for shares. But Morningstar has advised caution.
Snapping a two-day losing streak, the sharemarket rallied on Tuesday, propelled by financial and utilities stocks.
Brines explorer Patagonia Lithium is charging after ‘exceptional’ results from Well Two at the Formentera project in Argentina. Get your resources wrap here.
Cardiex’s share price has soared by more than 17 per cent after it a sales update that pointed towards a doubling of revenues in just a year. Here’s your health wrap.
Despite sustainability-themed stocks losing market appeal, Canaccord Genuity sees a big revenue leap ahead or circular economy star Close the Loop.
Shares got off to a poor start on Monday, with weak Chinese economic data adding further uncertainty to already cautious investors.
Original URL: https://www.news.com.au/topics/asx/page/9