ASX rises on falling US inflation
The Aussie sharemarket surged on Thursday, thanks to new data and led by the major banks and information technology stocks.
Markets
ASX 200 ends up 1.4pc on US rebound; CBA still tips Feb rate cut; Zip rises
Economists divided over Feb rate cut forecast after 56,000 jobs boost. Rio rises after ‘good finish’ to 2024. Zip jumps after Sezzle earnings upgrade. Star edges up. Softer US core inflation boosts equity sentiment.
Mixed markets sees ASX close in red
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.
ASX 200 ends down 0.2pc; WiseTech sold off; Premier, Myer build on losses; Arafura soars
WiseTech shares dive on heavy volume amid suspected institutional selling.Independent expert backs Premier, Myer deal after recalculations. Billionaire Rinehart-backed Arafura gets fresh Labor buy-in. Macquarie to invest in US data centres. Cash-strapped Star ticks up amid Macau intrigue. Billionaire’s takeover interest fires up AVJennings.
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Property, energy stocks lead ASX 200 gains
The local bourse closed the week on an upbeat note, boosted by uranium and oil stocks as the major miners declined.
ASX surges back to form in 2025
The ASX 200 had a strong opening trading day for 2025, led by growth in the energy, materials and property sectors.
ASX 200 ends firmly in the green
The local sharemarket has turned up in thin holiday trade, with gains broadbased, despite a fresh post-pandemic low for the Aussie dollar.
Why Woolworths could owe you money
Supermarket giant Woolworths is refunding customers who were overcharged as a result of a third-party error.
Building giant in voluntary administration
Another major Australian property developer has entered administration, citing difficult conditions in the country’s ailing construction sector.
ASX 200 rises after RBA minutes; St Barbara tanks
Domestic shares closed higher after the release of minutes from the RBA’s last meeting for 2024, which received some support from the IMF overnight. SBM hit with PNG tax bill.
RBA’s major clue on next rates decision
Struggling Aussie homeowners could get a rate cut sooner rather than later as the Reserve Bank says it is “increasingly confident” about a reduction.
ASX finishes strongly, led by banks
The sharemarket closed 1.7 per cent higher, with gains across the board, led by the heavyweight financial sector. News Corp found strong support after its mega $3.4bn Foxtel deal.
Major bank’s cost-of-living warning
A leading bank is expecting a spike in electricity prices until July 2025 putting further pressures on Australians.
Major bank’s huge $6.35m error
A major bank has apologised to thousands of its customers who were impacted by an error that led to them being massively overcharged.
Original URL: https://www.ntnews.com.au/business/markets/page/4