Health, IT stocks set to shine: Mercer
Technology, healthcare and consumer discretionary stocks may continue to shine as COVID-19 accelerates long-term trends.
Markets
ASX finishes higher, Virgin CEO to go
Stocks finished higher after a dovish speech from RBA boss Philip Lowe and jobs figures were better than expected.
Sprint, then slog as jobs dry up
Veteran investor Charles Goode says after an initial sprint, Australia’s economic recovery is likely to be a slow grind blighted by higher unemployment.
Investors weigh risks of Democrat clean-sweep
There is a risk of higher capital gains and corporate tax rates if Democrats win control of the Senate.
Confidence up, but ASX finishes firmly lower
Consumer confidence hit a 3-month high, but the ASX finished firmly lower, snapping a 7-day winning streak.
Cleanaway avoids ‘strike’ over CEO scandal
The waste company avoided a ‘first strike’ at its AGM despite controversy over its chief executive.
US investors prepare for higher treasury yields
A government controlled by one party is seen as more likely to expand the federal budget deficit, which could lift bond yields.
Australian stocks hit 7-month high
The ASX closed up 1pc, clocking its best seven-day winning streak since 2009.
Banks lead rebound
Australia’s sharemarket has continued to surge, with banks doing much of the heavy lifting.
ASX closes at 7-week high
NSW inquiry told of ‘failure of culture’ at Crown, while ASX closes up 0.5pc at 7-week high.
Wilson vs Bolton: A feud for the ages
The personal feud between baby boomer fund manager Geoff Wilson and millennial entrepreneur Nicholas Bolton is shaping up as a doozy.
Winners and losers from a business-friendly budget
The federal budget has been unusually positive for the sharemarket as the coronavirus finally gave the government the pretext to abandon its surplus obsession.
ASX finishes flat after best week since June
The ASX finished flat of Friday but the index still managed to clock its best weekly gain in more than six months.
Japanese buy up big on bonds
Japanese investors are helping underwrite governments’ massive borrowing spree, buying almost $35bn of government bonds over the year to August.
Banks do heavy lifting as ASX turns corner
A surge in bank stocks has been a key driver of the best week in Australian shares in the past six months.
ASX closes up more than 1%
James Packer’s influence over Crown’s board examined, as ASX posts best close in 5 weeks.
Investors cheer expansionary budget stimulus
Investors welcomed a highly stimulatory federal budget with the local sharemarket surging to its highest level in almost five weeks.
ASX ends up 1.3% at 5-week high
James Packer opened up at the Crown inquiry, while the ASX surged to a five-week high following the business-friendly budget.
Investors bank on making bread from Douugh
Shares in Douugh surged on Tuesday after debuting on the stock exchange. The next-gen neobank and AI-driven ‘financial wellness app’ more than doubled to 6.8c.
RBA raises expectations of quantitative easing
The Reserve Bank has bolstered market expectations of interest rate cuts and the start of quantitative easing at its November board meeting.
Original URL: https://www.theaustralian.com.au/business/markets/page/196