ASX has best week since May
A surge in the major miners and healthcare stocks drove the ASX to its best week since May, with the All Ordinaries passing the historic 9000 point mark.
Markets
BHP, CSL, banks, Wesfarmers, Goodman lift ASX 200 to record high; Mesoblast top gainer
Bullish sentiment boosts local bourse as ASX 200 breaks key chart point. BHP’s FY26 production forecasts more subdued amid Jansen blowout, but CEO upbeat on China. Mesoblast banks first millions from key US product sales.
ASX soars on shock jobs figures
Bullish traders pushed the ASX higher as traders banked on a rate cut in August following disappointing employment figures.
Rate cuts locked in after June data surprise
June jobless rate spikes to 4.3 per cent, with some saying RBA’s recent hold call is ‘policy error’. AUD down. BUMA slaps statutory demand on Bowen.
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Miners soar, ASX falls on Trump move
A surge in mining stocks was not enough to drag the ASX 200 higher as every other sector slumped on the latest move by US President Donald Trump.
Fresh tariff jitters offsets strength in miners
Lynas, Iluka rocket as US peer scores rare earths deal with Pentagon. JLG boss and major shareholder’s big windfall in Pacific Equity Partners’ $1bn buyout. National Storage’s buy-up of Abacus continues. Property sector sinks as Macquarie downgrades on ‘expensive’ valuations.
Aussie shares lift on iron ore rally
A Wall St rally and a lift in the big iron ore miners has buoyed the Australian sharemarket on Thursday.
ASX 200 tracks new record on Trump tariff updates
Heavyweight banks and miners and property stocks lead gains. Breville’s price target slashed on tariff risks. US President Donald Trump singles out Brazil, sends more tariff letters.
Fresh warning bell for Aussie economy
A fresh warning bell is ringing for the Aussie economy, with one analyst saying the country has entered a “flat patch”.
Big bank’s warning on rate hold shock
Australia’s biggest bank has delivered a sharp warning about the Reserve Bank’s shock decision to hold interest rates and what it means for Aussie households.
Property stocks feel RBA hold pain; Lifestyle Communities smashed
Goodman leads real estate falls over RBA’s surprise decision. Lifestyle Communities’ worst day in years after VCAT decision. Trump’s copper tariff threat hits ASX-listed Canadian miner Sandfire.
ASX flat after RBA keeps rates on hold
In a major surprise, the Reserve Bank has kept rates on hold amid global uncertainty and lower inflation. PM flags taxpayers will ‘very soon’ underwrite a major bailout of two failing metal smelters in two states.
ASX in red as Trump’s next tariff move looms
Star, HK partners vary divestment deal. Northern Star dives on weak guidance, high capex. Origin’s spike may be linked to Octopus UK updates. RBA’s 25 basis points easing on Tuesday locked in. Crucial week for Trump tariffs.
Bolder reform, tourism funding needed: CEOs
The bosses of some of Australia’s biggest companies have laid out their wish lists from the Albanese government at the Australia’s Economic Outlook event in Sydney.
Original URL: https://www.ntnews.com.au/business/markets/page/3