ASX’s flat start to new financial year
The Aussie sharemarket has traded flat to start the new financial year, despite a strong lead-in from Wall Street.
The Aussie sharemarket has traded flat to start the new financial year, despite a strong lead-in from Wall Street.
The ASX 200 gained 10 per cent in the financial year after with healthcare and consumer discretionary stocks driving the market higher on Monday.
Australia’s energy minister has flagged major potential changes to the country’s domestic gas market, as the ACCC warns of looming shortfalls.
One major Aussie bank has endured its worst day on the sharemarket in nine weeks after investors sold down major banks and moved into the mining sector.
A surge in technology and real estate stocks helped drive the ASX 200 higher, despite fears of a slowing US and Chinese economy.
A jump in the banking and consumer discretionary stocks helped push the ASX into the green on Wednesday as investors factored in a rate cut in May.
Soaring energy, utilities and information technology stocks drove the ASX200 higher on an overall positive day for the market.
The ASX200 continued to trade higher on Monday on the back of renewed hope of a tariff back down.
A leading economist predicts struggling Aussie mortgage holders will get much-needed rate relief next month, as the RBA turns its focus to this new threat.
The ASX 200 closed a shortened trading week in the green, following talk the US is considering stepping back on its tariff policies.
Major energy and mining stocks drove the ASX 200 higher, as the United States talks peace with China.
Australia’s stock market has recovered from a sharp fall at the start of trading thanks to the banks and major mining companies.
A surge in energy stocks and Australia’s major miners has driven the ASX 200 higher.
The local market slid on sea-sawing session as investors wait to see the fallout from the latest Trump announcement.
Original URL: https://www.ntnews.com.au/business/markets/australian-dollar/page/10