ASX rebounds after inflation shock
An inflation sensitive Aussie stock market fell only slightly on Thursday as it rebounded in the wake of the surprising CPI jump this week.
Markets
Aussie shares sink on inflation shock, hike fears
The Australian sharemarket tumbled on Wednesday after a shock inflation print sparked fears of a possible rate hike.
Aussie shares leap higher in rebound rally
The Australian sharemarket notched a powerful rebound rally on Tuesday on the back of iron ore and oil price rises and a surge in banking behemoth Commonwealth Bank.
ASX has best day in six weeks; CBA record
CBA soars, sets itself to defend class action appeal. Ex-Seven boss joins tech micro-cap. KFC operator Collins Foods rises on earnings beat. Healius rebounds from downgrade falls.
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ASX flat despite looming rate hike
Despite a surprise 1.2 per cent reacceleration of inflation in the September quarter, the Aussie share market closed flat.
ASX ends three-day losing streak; Ansell, Bega fall
Ansell job cuts, automation to deliver savings amid inventory reduction. ‘Commodity headwinds’ weigh on Bega Cheese. Investor nod for Yellow Brick Road delisting. US boost for shares in Zip, Bubs.
ASX up as miners, energy producers rise
Losses in health and consumer stocks were offset by gains from miners and energy producers to send the benchmark higher on Tuesday.
ASX at 12-month low; TWE lifts; South32 down
Qantas’ frequent flyer overhaul after complaints. Treasury Wine lifts on potential China rebuild plans. South32 down on weak quarter. Propel Funerals gains on bid dismissals.
Exiled: ASIC slaps down PwC partner
The man who leaked confidential government information to clients has been exiled from the world of Australian finance.
Aussie sharemarket drops 2.1pc in a week
Fears of an escalation of the Israel-Hamas has shaved 1.2 per cent off the Australian share benchmark on Friday.
ASX down; Ex-PwC exec banned
Former PwC international tax head Peter Collins cops eight year ASIC ban. Liontown tanks. Qantas airfares rise. BlueScope lifts despite weaker outlook. Insignia dives.
RBA boss’s $110k pay bump before exit
The latest report from the Reserve Bank of Australia shows how much money the men and women who determine your mortgage bill make each year.
ASX 200 falls; Brookfield set to lift Origin bid
Liontown in $365m equity raising, $760m debt funding. Consortium works on higher Origin offer. Qantas, Telix, Netwealth drop. 1200 jobs at risk at Alcoa Kwinana. AUD drops on jobs data.
Aussie dollar falls dangerously low
There’s one big reason that the Australian dollar is so weak against the US dollar – but it could mean an investing opportunity for the brave.
Original URL: https://www.themercury.com.au/business/markets/page/70