ASX soars for fifth day in a row
The local sharemarket has secured its fifth consecutive day of gains on Wednesday as optimistic investors rallied in 10 of 11 sectors.
Markets
ASX 200 rises; AusSuper sells WiseTech stake; Jeanswest collapses
Vulcan’s European tick triggers investor rush while Jeanswest goes in administration again. Paladin shares sinks as rain washes away guidance, Whyalla interest boosts BlueScope and rate cut hopes up on Feb inflation fall.
ASX edges higher as tariff talk softens
President Trump’s hawkish tariff talk has softened and the local bourse soaked up the resulting Wall St boom.
ASX 200 mostly erases gain as ANZ dives; Gold Road top gainer
WA miner Gold Road hits record amid standoff with rejected suitor, partner Gold Fields. Regal in recovery mode as Opthea questions remain. James Hardie stays in the red after analyst ratings changes. Budget to reveal worsening debt outlook.
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Insane reason for sign outside Aussie home
More than 100 strangers have shown up at a couple’s front door, forcing the residents to erect a sign turning them away, after a shocking scam.
‘Stand up’: Turnbull’s Trump advice to PM
Malcolm Turnbull says Australia should not expect the US to not impose tariffs just because of the “special relationship” between the countries.
Wiped: Billions lost on Trump’s tariff plans
The Aussie sharemarket fell heavily on Monday as traders reacted to the latest round of tariffs and the impact they could have on the domestic market.
ASX 200 down as Trump tariffs loom; tech sector hit
Steel, aluminum producers mixed after latest Trump tariff threat. Is JB Hi-Fi topping out? Car Group, JB Hi-Fi and WiseTech leading losses. In contrast, Star and Ansell find support.
ASX marks second best close on record
The Australian sharemarket closed just off a record high on Thursday, as renewed optimism in the US-China relationship, spurred a rally in key stocks.
ASX rises 1.2pc to second best close on record; News Corp top riser
Local market gains strongly, led by News Corp, banks, Wesfarmers and property stocks. REA shares rebound after boss sets end date, posts strong half-year results. Beach Energy logs earnings jump, but shares slump. Wesfarmers rises as UBS says the Bunnings outlook is positive.
Coles slammed over mass product cull
Nationals leader David Littleproud has hit out at Coles after the supermarket giant flagged a cull in its product range, claiming prices at the checkout would rise.
Google shares crash after $75 billion surprise
Shares in Google parent Alphabet slumped on Wednesday amid rising trade tensions, raising questions about its ability to compete with AI rivals.
ASX snaps two day losing streak
The Australian market broke a two-day winning streak on Wednesday as markets saw through US-China trade tensions.
Chinese tariffs shake Aussie market
The Australian markets had a promising trading day until the last hour when news broke that China and the US had failed to negotiate on tariffs.
Original URL: https://www.themercury.com.au/business/markets/page/13