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Financial stocks neutralise mining losses: Aus shares trading 0.1% higher at noon

04 Jun 2021 - The ASX200 rebounded from a subdued start back to gaining ways, as the Australian benchmark recouped earlier losses to charge back towards intraday record levels. Gai…

Upbeat data fails to spur US investor appetite: Aus shares poised for steady start

04 Jun 2021 - The Australian sharemarket is poised to marginally rise at the open, in defiance of weak signals from Wall Street, as coking coal and iron ore experienced rebounds in…

ASX extends rally for 2nd day, Citi rates Electro Optic as a buy: Aus shares close 0.6% higher

03 Jun 2021 - The ASX extended its winning streak for the 2nd day closing 0.6% higher at 7,260. Energy was the best performer while Consumer Discretionary was the worst. Citi rates…

ASX resets record high, Morgans say hold APN Industria REIT: ASX is tracking 0.7% higher at noon

03 Jun 2021 - The ASX is off to a positive start continuing its momentum from yesterday resetting a record high. Morgans say hold APN Industria REIT (ASX:API). Payment solutions pr…

Wall St edge higher, Why Woolies is a buy as Scentre is a hold: ASX to rise

03 Jun 2021 - This report covers Wall St's performance, a wrap-up of Wednesday session locally, why Woolworths (ASX:WOW) is a buy and Scentre (ASX:SCG) is a hold.

Better-than-expected GDP growth propels market to record high: Aus shares close 1.1% higher

02 Jun 2021 - The ASX200 continued its bullish tendency throughout the afternoon session and penetrated the 7200s region, erasing records to reach the highest ever close in history…

Energy stocks oil up rally engine: Aus shares trading 0.6% higher at noon

02 June 2021 - The Australian sharemarket bounced back strongly at the open, advancing full steam ahead towards the 7200 mark. Energy stocks and iron ore miners are doing the heavy…

Wall St struggles, Why hold Fortescue & Link, PEXA set to float: ASX to rise

02 Jun 2021 - This report covers Wall St's performance, a wrap up of Tuesday's session locally, why Morgans rates Link (ASX:LNK) and Fortescue Metals (ASX:FMG) as a hold. Eyes on n…

RBA's monetary decision decelerates decline: Aus shares close 0.3% lower

01 June 2021 - The Australian sharemarket continued to navigate red waters in afternoon trade, but began to recoup losses since midday. The RBA’s decision to maintain its easy mone…

Iron miners limit losses: Aus shares trading 0.5% lower at noon

01 June 2021 - The Australian sharemarket extended yesterday’s losses at the open, despite a positive handover from US stocks. Banks were the heaviest weights on the broader market…

Wall St closed, iron ore rebounds, why Webjet is a buy: ASX to fall

01 Jun 2021 - In this report we look to European markets as our lead. A wrap up of Monday's session, why Webjet (ASX:WEB) is a buy with chart analysis along with a big day of econo…

ASX takes U-turn from record high: Aus shares close 0.3% lower

31 May 2021 - The ASX200 took a U-turn from reaching a record intraday high to slipping into the red, as the Australian benchmark index’s descent picked up pace after lunchtime. Re…

Volatility sets tone for mixed session: Aus shares trading 0.1% lower at noon

31 May 2021 - The Australian sharemarket advanced at the open to notch an all-time intraday high of 7203, breaking into the 7200s region for the first time ever. The optimistic sta…

Wall St gains, US jobs data looms, Ords say hold CBA, Why Utilities fell 25%: ASX to edge higher

31 May 2021 - Covered in this report is Wall St's performance on Friday, a weekly wrap for the ASX 200, what's ahead in both local and international economic news, broker recommend…

Investors immune to Melbourne lockdown: Aus shares close 1.2% higher

28 May 2021 - The ASX200 extended its rally in afternoon trade, wrapping up the week’s last trading session on a high note. The Australian benchmark’s second consecutive day in pos…

Commodity-based stocks fire ASX up to record high: Aus shares trading 1.2% higher at noon

28 May 2021 - The Australian sharemarket shot up at the open, as blue-chip companies received a positive handover from Wall Street. The ASX200 gained ground in unknown territory to…

Upbeat Chinese & US data stimulate investor appetite: Aus shares to open higher

28 May 2021 - The Australian sharemarket is poised to advance at the open, stimulated by strong leads from the US and China driven by upbeat data and soaring base metals prices.

Miners prop up market, VIC to enter 7-day lockdown: ASX closes flat

27 May 2021 - The ASX stayed mostly in positive territory, but dipped on news of Victoria’s 7-day lockdown, finishing flat. At the closing bell, the S&P/ASX 200 was 0.03% or 2.4 po…

Victoria enters 7-day snap lockdown, Costa Group tumbles 20%: ASX tracking flat at noon

27 May 2021 - The ASX had a firm start to trade though gave back gains just before lunch thanks to Materials, Information Technology and Energy sectors upon news in Victoria. The o…

US stocks creeps up as inflation worries subdue: ASX to edge higher

27 May 2021 - The ASX is set to edge higher following Wall St’s advance. All three indexes closed in positive territory as investors come to grips with the Federal Reserve’s inflat…

ASX inverts morning upturn: Aus shares close 0.3% lower

26 May 2021 - The Australian sharemarket inverted the morning session’s movement to conclude a tumultuous trading day on a low note, breaking a four-day streak of gains. Losses in …

Gold miners, tech firms & banks lift ASX out of red zone: Aus shares tracking 0.1% higher at noon

26 May 2021 - The Australian sharemarket was subdued at the open, following lacklustre leads from the US and weighed down by iron ore players. However, the ASX200 gradually picked …

Wall St loses momentum, gold climbs near 4-month high: ASX to fall

26 May 2021 - The ASX is set to fall following Wall St closing in the red as all three indexes reversed their gains. Morgan Stanley rates Synlait Milk (ASX:SM1) as a hold with a pr…

Four-day rally lifts ASX to 2-week high: Aus shares close 1% higher

24 May 2021 - The Australian sharemarket maintained its momentum from morning gains and established its foothold in the 7100s region in late trade. The ASX200 extended its rally to…

Tech stocks sail ahead on US tailwind: Aus shares trading 0.6% higher at noon

25 May 2021 - The Australian sharemarket soared in opening trade, buoyed by a strong stateside rally overnight. Financials, Materials and IT were energising the broader market, as …

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