ASX dips as James Hardie, Sonic sink
In a subdued session, Tuesday’s trading gave back a portion of Monday’s rally.
Markets
ASX 200 eases; James Hardie, Star drop
ANZ probing internet banking issues. RBA avoids ‘excessive fine-tuning’. James Hardie’s cloudy outlook weighs. Sonic flags weak earnings. TechOne, ALS gain. Telstra job cuts. Star falls on Hard Rock dismissal.
Woolies boss’ big call on monster profits
The man leading Australia’s largest supermarket has defended his company’s profits, but also made a big call on helping struggling Aussies.
‘Urgent’: Blackout risk as green power stumbles
The Australian Energy Market Operator is warning of “reliability gaps” without the ‘timely’ delivery of more transmission and energy infrastructure.
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ASX down with oil plunge; TPG, Fortescue up
ASX ends winning steak as oil prices fall, but ends the quarter higher. Wesfarmers takes control of API, record job vacancies, Paladin $215m raising and Liontown soars on SK talks.
ASX fades late to end remarkable March run
The mining titans were strong on Thursday, but not strong enough to drag the Australian sharemarket to an eighth straight session of gains.
ASX in ‘beast mode’ as tech and health jump
ASX on track for its best month since 2018 as tech and health stocks gain. Air NZ reveals equity raising, Magellan surges, Tabcorp urges demerger and Fortescue clarifies deal.
Bumper day for tech drives up ASX 200
Tech stocks have rebounded as global investor sentiment shifts after a volatile month in which the Australian market has outperformed.
Billionaires campaign against bitcoin
Several large organisations as well as a famous US billionaire have launched a campaign against bitcoin.
ASX rallies on tech; Star faces class action
ASX climbs on broad gains led by tech and discretionary stocks. Blackstone wins FIRB nod, Star faces class action proceedings, Morrison ups Uniti bid and inflation fears skyrocket.
More trouble brewing for casino giant
Queensland says it is yet to decide if it will hold an official inquiry into Star Entertainment’s Brisbane and Gold Coast operations.
Tech stocks give ASX pre-budget bounce
The Australian sharemarket hit new 11-week highs on Tuesday as investors salivated over the prospect of a market-friendly federal budget.
Tesla’s market capitalisation skyrockets
Tesla’s share price has gone through the roof as the electric vehicle manufacturer considers its second stock split in two years.
ASX flat as BHP jumps; Xero leads tech selloff
ASX ends six points higher but a jump in bond yields hit tech stocks. BHP led miners higher, Xero dropped, ASX CHESS faced a likely delay and Star Entertainment rose on CEO exit.
Original URL: https://www.themercury.com.au/business/markets/page/184