ASX hits 4-week high on inflation surprise
Fresh inflation data has given the Australian share market a boost, with trading up on Wednesday.
Fresh inflation data has given the Australian share market a boost, with trading up on Wednesday.
The Aussie market has risen for the fourth straight day and reached a three-week high despite falling commodity prices.
An Australian bank has been slammed for “cash grabbing” after launching a controversial $2.50 fee for customers accessing their own money.
ASX eked out tiny gains during Monday’s trading as rises in property trusts and information technology stocks beat falls in iron ore miners.
Australia’s sharemarket has started the last month of the year with a strong day of trading, as new retail data was surprisingly good.
The Australian sharemarket trimmed during Friday’s trading as investors took stock of later than anticipated rate cuts.
The Australian sharemarket cracked a fresh record high on Thursday on the back of a surge in the big banks and healthcare stocks.
The Australian market rallied during early trading as markets factor in further rate cuts in the US.
The ASX200’s three day winning streak came to an end on Tuesday, as markets digested President-elect Donald Trump’s announcement on US tariffs.
The Australian market rallied during early trading as markets digest the latest appointment from President Elect Donald Trump.
On a choppy day for the market, the ASX 200 traded relatively flat, thanks to a late market surge.
Millions of Aussies are likely thousands of dollars better off in 2024 – and they might not even know it, due to the surprising performance of a common asset.
The ASX closed down on Wednesday as investors took advantage to take a profit following a record day of trading on Tuesday.
The ASX 200 is trading up 2.6 per cent for November during the traditionally strong trading period leading into the ‘Santa Claus’ rally in December.
Original URL: https://www.themercury.com.au/business/markets/australian-dollar/page/6