ASX Ltd shares down Friday, underperforms the Financials sector
Here is the latest company close update for ASX Ltd, ASX.
ASX
Rio error hands Palliser big win in AGM stoush
Rio Tinto’s investor relations team handed a major AGM vote victory to activist hedge fund Palliser Capital – at least in the miner’s first draft of history.
‘Incredible’: ASX caps off $85bn week
The ASX 200 has capped off an $85bn week on the back of renewed hopes tariffs could be walked back.
CBA’s record breaking day; US-China positive signals lift stocks
Stocks rise as China’s official statement after US outreach on trade talks signals thawing in relations. Block, Corporate Travel shares dive on tariff uncertainty. CBA hits new intraday, closing records.
ASX lifts despite US, China turmoil
A surge in technology and real estate stocks helped drive the ASX 200 higher, despite fears of a slowing US and Chinese economy.
Judo shares smashed as investors chase CBA
Could CBA’s surge be linked to another short trade? Shares in Platinum and L1 Capital rise on talks for an $18bn merger. Mining and energy declines weigh.
ASX lifts on rate cut hopes
A jump in the banking and consumer discretionary stocks helped push the ASX into the green on Wednesday as investors factored in a rate cut in May.
ASX hits two-month high as investors eye May rate cut
Local stocks rise for a fifth day in a row amid expectations the Reserve Bank will deliver another 25 basis points rate cut in May, as inflation hit its target range for the first time since 2021. Technology and property stocks lead gains.
ASX closes at fresh two month high
Soaring energy, utilities and information technology stocks drove the ASX200 higher on an overall positive day for the market.
Aussie shares on rebound now vulnerable to earnings downgrades
Analysts say the strong performance of the sharemarket faces a reality check, and the lofty valuations of the big banks in particular will be scrutinised as earnings reports come in.
Former Virgin boss’ surprise new gig
Jayne Hrdlicka has confirmed her next move after stepping down as Virgin Australia chief executive.
ASX 200 soars to two-month high; Boss Energy, MinRes surge
Billionaire Chris Ellison-led mining giant a top gainer. ASX 200 rebound ‘looks vulnerable’: UBS. Endeavour taps former Virgin fix-it CEO. Tripp’s Betr lobs ‘funded’ bid for PointsBet.
Betr raid a threat to PointsBet Japan deal
Matt Tripp, a pioneer in Australian sports betting, has eyed a tie-up with PointsBet before. His late share raid suggests the PointsBet-MIXI merger may be under threat.
ASX review ‘won’t restore Hardie trust’
The building products giant remains under attack from shareholders over its $14bn deal to buy US rival Azek, amid concern new governance pledges may fail to placate investors.
ASX rises on latest White House move
The ASX200 continued to trade higher on Monday on the back of renewed hope of a tariff back down.
ASX 200 rises; CBA only Big Four in the red
Lynas talks up opportunity in China-US fight. Bega preps for Fonterra deal. James Hardie allays governance concerns. Tariff impacts weigh on Flight Centre, Brambles. Telix down on FDA blow.
James Hardie waiver backlash spurs ASX review
ASX boss Helen Lofthouse says the market operator has listened to the concerns of aggrieved James Hardie shareholders over the company’s pursuit of Azek and a US listing.
ASX 200 jumps on US-China tariff talk
The ASX 200 closed a shortened trading week in the green, following talk the US is considering stepping back on its tariff policies.
Finally, some good news as RBA tipped to cut rates in May
Economists are locking in forecasts for another interest rate cut by the Reserve Bank next month as the trade war sparked by US tariffs hikes threatens to derail the global economy.
May rate cut ‘locked in’; ASX plots strong finish before Anzac Day break
Westpac’s Luci Ellis predicts rate cuts in May, Aug, Nov. Miners lead local gains. Mixed Asian markets reflect Trump trade uncertainty amid softening stance on China.
ASX plunge rips through fund returns
More than 85 per cent of Australia’s equity funds are in negative territory in the three months to the end of March in what has been the ASX’s worst start to the year since the pandemic.
Rare earths miner drops charges against Chinese intruders
Rare earths play Lindian Resources urges Chinese interests to come through the front door next time after two Chinese men were apprehended with soil samples inside its mining lease area.
ASX soars on tariff relief hopes
Major energy and mining stocks drove the ASX 200 higher, as the United States talks peace with China.
ASX 200 mostly erases April tariff losses; gold miners dive
Trade deals optimism rises as US President Donald Trump softens stance on China, Fed chair Jerome Powell. Paladin top gainer. Safe-haven gold pulls back from its record high.
James Hardie debacle shows why it’s time to review ASX powers
ASIC should consider whether ASX’s actions in relation to both James Hardie and any other waivers it has allowed were detrimental to shareholders.
WA refinery in the hunt for rare earths deal as US seeks to limit China’s reach
One of the world’s biggest rare earths projects could ship material to Australia for processing under a joint venture involving Kenya and Iluka Resources in order to freeze out China’s dominance.
ASX recovers despite Trump’s wild call
Australia’s stock market has recovered from a sharp fall at the start of trading thanks to the banks and major mining companies.
Gold’s surge to record high rings alarm bells
Gold’s price has set a new record in Asia-Pacific trade, ringing alarm bells about the global economy and the financial system buffeted by the Trump tariff regime.
Virgin and Qantas’ neck-and-neck battle for on-time crown
Virgin Australia’s plans for a June IPO have received a boost with new on-time performance data crowning the airline the country’s most punctual once again.
Market free fall as MAGA base laments losing to China
Early signs suggest Donald Trump is losing the game of brinkmanship to China, which Americans are realising. Either way there will be some big decisions for Australia after the election.
Original URL: https://www.theaustralian.com.au/topics/asx