Bulls riding into 2025 on high hopes of a Trump boom
In the spirit of festive cheer, it’s time to look back on some of the things that went right in 2024 and why 2025 might not be as ghoulish as most are expecting.
Markets
Fundamentals underpinning global tech’s market leadership
The tech sector is both a dominant force in financial markets and one whose potential is largely misunderstood by many investors. So how will it shape the global economy?
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.
ASX clears settlements backlog but not the anger
The accident-prone ASX has fixed its tech glitches that last week held up the settlement of trades, but market participants and investors remain worried about future mishaps.
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.
ASX opens after weekend technology crisis meetings
The accident-prone market operator ASX spent the weekend scrambling to fix a glitch in its settlements system and talking to angry market participants.
Wall Street rebound cause for optimism on local bourse
The Australian sharemarket is on track to open modestly higher on Monday, after Wall Street decisively broke a run of steep losses.
Expert stock pickers reveal their end-of-year tips
It’s been a rocky December for investors so we asked four expert stock pickers what they would buy, sell and hold to get their portfolios into shape.
ASX hit by new CHESS outage, traders left billions of dollars short
Brokers were scrambling to secure funding to cover millions of trades that failed to settle on Friday, after the ASX revealed a meltdown of its key technology platform.
Small caps poised to shine as ‘valuation disconnect’ exposed
A ‘valuation disconnect’ between larger stocks on the ASX against smaller counterparts will produce opportunities in 2025, says Investors Mutual’s Simon Conn.
Five enduring lessons for business going into 2025
Sometimes good, but more often bad, Australian business is never short of generating hard-won lessons. The past year delivered plenty. Will we ever learn?
Local bourse sinks as US shutdown fuels fear
The ASX 200 hit a three-month low and the traditional Santa Claus rally was in doubt after the risk of a US government shutdown flared.
Retail investors prove their value
Criticised for being trigger-happy share traders, retail investors – including younger shareholders – are actually innately conservative and companies should take notice.
ASX 200 grapples with broad selloff; CBA hits 5-week low
Utilities, energy stocks the only bright spots as index falls to three-month low. CBA tops large-cap declines. Mesoblast down on profit-taking. Japan’s Nippon Sanso to buy Wesfarmers’ Coregas.
Super funds now control 30pc of Aussie banks
Flows from superannuation net buying have heavily influenced share performance and arguably pushed valuations to extremes, says Morgan Stanley.
Hawkish shift from US Fed rocks markets
The Fed’s shift in focus from supporting jobs to fighting inflation has seen markets reassess their bullish assumption this year that the US central bank has their backs.
ASX suffers $50bn wipeout on worst day in months
The ASX 200 suffered its worst day in three months, as investors dumped tech, bank and mining stocks. The Australian dollar also hit a two-year low after big falls on Wall Street following the Federal Reserve’s weak rates outlook.
Here’s why investor sentiment is ‘super bullish’
Markets are upbeat, driven by optimism about the US economy, the re-election of Donald Trump, as well as expectations of further interest rate cuts.
ASX 200 dips on seesaw day; ASIC sues Binance
Financial regulator targets crypto giant over alleged customer fails. Insignia rejects Bain bid. Chalmers’ spending plans to challenge RBA fight. ANZ facing more regulatory scrutiny. Aus economy in ‘reasonable shape’: NAB CEO.
What the Santa rally means for Australian stocks
The mid-December trough in Aussie shares suggests the Santa Claus rally has arrived right on cue.
Original URL: https://www.theaustralian.com.au/business/markets/page/6