ASX edges higher as miners rally
Buoyed by a rally in material stocks on Wednesday, the Australian share market edged higher to finish in the green.
Markets
ASX 200 finishes flat; Pilbara, lithium stocks rise
Nanosonics tumbles. Pilbara lifts as cuts capital spending. Miners and lithium stocks up. Kogan jumps on earnings beat. Rio’s $1bn solar power deal. Newmark up on BWP merger.
ASX books three-day winning streak
Buoyed by a rally in health care stocks and a positive lead from Wall Street, the local market climbed for a third straight session – its longest for the year.
ASX 200 rises on health stocks
ASX rises for third day straight after US records. Prices, costs growth fall sharply: NAB survey. Future Fund cautions market on inflation fight. Another executive leaves Qantas.
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ASX snaps four-day losing streak
Materials and energy stocks lifted Australian shares to finish the week strongly following a run of sell-offs.
ASX 200 ends up 0.8% despite bond yields rise
Australia’s share market recovered strongly from Thursday’s fall on high US CPI data. The S&P/ASX 200 closed up 0.8 per cent to 7443.
ASX closes 0.6% down after big rebound
The ASX 200 recovered to close 0.6 per cent lower on strong iron ore futures. Miners gained led by Fortescue but Nearmap and Xero were among the worst hit.
‘Going to be horrible’: Inflation skyrockets
Inflation in the United States has reached its highest level in 31 years, with the price of food, petrol and housing rising sharply.
Bitcoin smashes new record … then dips
People have flocked to the cryptocurrency after a dire prognosis of the state of the US economy — but as always it was a rollercoaster ride.
ASX closes at four-day low on mining falls
ASX 200 closed down 0.1% after Singapore iron ore futures fell. Major miners BHP and Rio are in negative territory with steel giant BlueScope the worst hit. Chalice the top gainer.
Man retires at 35 after lucky investment
A supermarket worker can head comfortably into retirement at the ripe age of 35 after a lucky $8k investment made him more than $1.3m.
Apple boss reveals crypto investment
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ASX200 -0.2% at 3-day low as banks tumble
The ASX200 finished down 0.2% at a 3-day low close of 7434.2 as banks tumbled after NAB’s result. Chalice surged 29% on its nickel find. Newcrest slightly down after a Canadian purchase.
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Original URL: https://www.themercury.com.au/business/markets/page/193