ASX lifts after Fed rates news
Australian shares notched a tepid bounce on Thursday following some dovish rhetoric from the US Fed and positive sentiment around half-year results from NAB.
Markets
Banks boost ASX 200; Woolies, Bapcor fall
Major banks gain after NAB results, buyback. Pexa jumps on NatWest deal. Investors dump Bapcor after profit warning. Woolworths sales disappoint, boss says Coles ‘out-traded us’. US investigation hits Block.
NAB earnings miss amid profit squeeze
Despite the decline in earnings, freshly minted NAB boss Andrew Irvine hinted that the competitive home loan market was easing.
ASX sinks on Wall St sell-off, Fed fears
Aussie shares slumped on the first day of the new month as anxieties mount about US inflation and interest rates.
More Stories
ASX wobbles; CSL rallies as Wesfarmers sinks
ASX ends higher as Ukraine jitters spark a late selloff. CSL jumps on upgrades, Wesfarmers sinks on earnings, Telstra earnings hit and Origin brings forward Eraring closure.
Ukraine fears pull ASX from four-week high
The Australian sharemarket reached a four-week high on Thursday but faded into the afternoon amid renewed jitters over the situation in Ukraine.
Casino mega-merger all but snuffed out
A merger between two of Australia’s most powerful gambling companies looks increasingly unlikely after a comment made during an earnings call on Thursday.
Staggering sick leave surge revealed
New figures have revealed the incredible toll of the Omicron wave on the hours Australians worked in January.
Solid ASX finish; Treasury Wine, Liontown soar
ASX closed 1.1 per cent higher, driven by healthcare, real estate and financial stocks. Liontown surged on Tesla deal, CSL and Treasury Wine jumped on solid interim results and business credit demand bounced back.
NRL follows AFL with massive crypto deal
Crypto cash is now flowing into both of Australia’s major winter sporting codes, mirroring a sponsorship boom that has already overtaken the US.
Bitcoin at ‘make or break’ price
Bitcoin is on the precipice of a major rise or an epic fall. Whether it goes up or down at a crucial price point will determine its future.
ASX falls; energy, iron ore stocks hardest hit
ASX ends at a five-day low as investors sell energy and utilities stocks. Iron ore futures dive as China regulators call meeting, Sims leaps on profit growth and BHP posts record dividend.
Surging cryptocurrency trend explained
Some of cryptocurrencies most highly sought after coins are based off internet memes, but what exactly are they?
One investment that could make you billions
After a meteoric growth spurt during the pandemic, financial experts are tipping one investment class to grow by at least $43 billion more in 2022.
Original URL: https://www.themercury.com.au/business/markets/page/192