ASX rebounds as Middle East tensions fade
Markets regained their composure on Monday after an apparent easing in hostilities between Iran and Israel.
Markets
ASX rebounds; South32 up; Woodside down
Market finishes in the black. Star ex-CEO Robbie Cooke recalls ex-lawyer to inquiry. Coal standout in South32’s mixed quarterly update. Eneco founder’s market manipulation sentence. ATO rues PwC failure to take tax leaks seriously.
ASX 200, AUD fall on Israel’s Iran hit
Asian equity markets rattled by escalating Middle East tensions. AUD around US64c. Gold and oil rise. ASX 200 down 2.8 per cent this week. Star inquiry ends with allegations of ‘misleading’ regulators.
ASX snaps five-day losing streak
Firmer than expected unemployment data failed to ease concerns that the RBA will hold interest rates steady through to 2025.
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ASX dives 2.3% in worst week in 15 months
ASX closes lower with just 12 stocks posting gains. Nuix dives 22.8 per cent on weak outlook, Qantas slashes flights to WA and Fortescue signs MoU for Sinosteel Oakajee stake.
Russia’s extreme cryptocurrency move
Russia is considering becoming the latest country to ban cryptocurrency over a raft of concerns about its impact.
Bitcoin starts to rise after horror few weeks
After a less than ideal start to the year, the digital coin might finally be headed out of its slump following a strong 24 hours.
Aggression needed for investment wins
Anyone wanting to profit from investments this year must be prepared to take risks. Here’s why.
Russia proposes full ban on crypto
Russia, the world’s third-largest player in bitcoin mining, could ban using and mining cryptocurrency after a report by its central bank.
BHP a step closer to Aussie return, ASX gains on miners
BHP’s Australian shareholders have voted overwhelmingly in favour of returning the mining giant to its Australian home. ASX adds 0.1 per cent on mining gains.
Fears Aussies ‘too exposed’ to crypto
The boss of financial regulator ASIC says he is worried about the number of Australians exposed to the fluctuations of the crypto market.
ASX dives 1%; Afterpay falls 2.2% on last day
ASX down on tech and financials. Afterpay ceases trading ahead of Block listing, Appen gains 3.9 per cent as top performing stock and Megaport dives 16.2 per cent on sales update.
ASX dips 0.1%; Pointsbet falls, JB Hi-Fi lifts 7%
ASX drops 0.1 per cent with six sectors in the red. Pointsbet, Zip Co and Virgin Money among the laggards, Imugene and JB Hi-Fi climb, while Ampol flags increased refinery margins.
‘Volatile’: Stock sees $2 trillion drop
The stock market has been particularly volatile lately and shows no sign of abating. One type of stock in particular been wiped of $2 trillion.
Original URL: https://www.ntnews.com.au/business/markets/page/197