Aussie market dips despite strong week
The Aussie sharemarket has fallen one day after it was a “smidgen away” from record highs at the close.
The Aussie sharemarket has fallen one day after it was a “smidgen away” from record highs at the close.
SkyCity Adelaide to pay $67m AUSTRAC penalty. Bendigo Bank jumps as margins rise. Star’s Queensland licence suspension date pushed back. Lendlease sells Asian asset. China eases mortgage rules.
Andrew Forrest’s Fortescue will be ‘doing the numbers’ on hydrogen plant: Incitec. Bourse jumps 1.7 per cent as jobs data adds to rate cut optimism. Aristocrat soars. Incitec, Fonterra rise. Namoi falls.
The Australian sharemarket has marked its best day for the year in the wake of the latest unemployment figures boosting buyer confidence.
China is reeling from the nation’s worst Covid-19 outbreak in years – and it has sent the price of iron ore skyrocketing.
Strong commodity prices have helped the Australian sharemarket dodge its “kryptonite” to secure a second week of gains.
ASX closes higher for the week as miners and utilities rise. Premier Investment down amid profit drop, CapVest gets FIRB nod, Syrah flags loss and JB Hi-Fi shares hit high.
ASX gains in choppy trade as utilities and energy stocks rally. JB Hi-Fi lifts on strong sales, Uniti weighs Macquarie bid, NAB $2.5bn buyback and Crown to review casino findings.
Beijing has spoken up for Russia, describing it an “important” global member after the possibility of a major move against Vladimir Putin.
ASX 200 higher on tech rally as miners fall. Uniti leaps on Macquarie offer, Fisher & Paykel sinks on margins hit, NAB set for fresh buyback and Carnarvon up on oil find.
A surging technology sector and a solid performance by the major banks lifted the Australian sharemarket to fresh highs on Wednesday.
ASX ends higher as mining and energy stocks gain. Boral falls on earnings hit, New Hope swings to profit, Macquarie rallies on broker upgrade and consumer confidence plunges.
The Australian sharemarket powered to a gain of almost 1 per cent on Tuesday, hitting its highest level in two months, as mining and energy companies enjoyed a significant rise.
The crypto space is headed for some massive changes but one company is already miles ahead of the government.
Original URL: https://www.themercury.com.au/business/markets/page/185