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Fed Reserve keeps rates unchanged: ASX poised to open lower

11 Jun 2020 - Following a fall from US markets overnight, the ASX looks set to open lower this morning. Yesterday it closed higher for its seventh consecutive session, despite fall…

Filled jobs fall 0.1 per cent: Aus shares close 0.1% higher

10 Jun 2020 - The Australian share market fell at the open, but closed 0.1 per cent up at the end of trade. Filled jobs fell by 0.1 per cent and hours worked by 0.8 per cent betwee…

Opthea (ASX:OPT) reports positive trial results: Aus shares 0.5% higher at noon

10 Jun 2020 - The Australian share market opened lower but is now trading 0.5 per cent up at noon. Opthea (ASX:OPT) has reported positive Phase 2a trial results for its OPT-302 tre…

All time highs for big tech companies: ASX poised to open lower

10 Jun 2020 - Following a fall from US markets overnight, the ASX looks set to open lower this morning. Stocks regained US$21 trillion in value from a March low. The Nasdaq hit a n…

Market surpasses 6000-point level: ASX closed 2.4% higher

09 Jun 2020 - The ASX rose at the open and managed to close 2.4% higher. The banks gave the market a boost today. Virgin Money UK (ASX:VUK) and Credit Corp Group (ASX:CCP) shares d…

Business conditions rise in May: ASX tracking 2.4% higher at noon

09 Jun 2020 - The ASX shot up at the open and is now tracking almost 2.4 per cent higher at noon. The banks are boosting the market today. The NAB (ASX:NAB), Westpac (ASX:WBC) and …

AUD leaps up over 70 US cents: ASX poised to open higher

09 Jun 2020 - Following an extended rally from US markets overnight, the ASX looks set to open higher this morning. The Nasdaq rose to a record high, and Boeing Co. led gains in th…

Tower (ASX:TWR) voluntarily refunds $7.2M: ASX secures 6th week of gains

05 Jun 2020 - The Australian share market made a comeback this afternoon to finish 0.1 per cent higher today, falling just short of the 6,000 point level. The market was buoyed by …

FIRB approval for Avita (ASX:AVH) US move: Aus shares 0.3% lower at noon

05 Jun 2020 - The Australian share market is off to a weak start following mixed leads from Wall Street. It has been a see-saw morning in early trade with the ASX200 down 0.3 per c…

Atomo Diagnostics (ASX:AT1) expands covid partnership: Aus shares to open lower

05 Jun 2020 - Australian shares are set to open lower this morning. Wall Street closed mixed last night as investors pulled the handbrake on the multi session equity rally as weak …

Fourth consecutive day of gains: ASX closes 0.8% higher

04 Jun 2020 - It has been a positive day of trade for the Australian share market hitting four consecutive days of gains. With a sell off around lunchtime the local bourse managed …

Retail sales slumped 17.7% in April: ASX tracking 0.4% higher at noon

04 Jun 2020 - The ASX shot up at the open and is now tracking 0.4% higher at noon. Shares in Unibail-Rodamco-Westfield (ASX:URW) are on the up as shopping restrictions in Europe ea…

Australia poised for recession: ASX set to open higher

04 Jun 2020 - Following a broad rally from US markets overnight, the ASX looks set to open higher this morning. If the GDP continues to fall in the next quarter Australia will ente…

Banks lead the advance in catch-up rally: ASX closed 1.8% higher

03 Jun 2020 - It has been a positive day of trade for the ASX after a rise at the open the local bourse managed to gain momentum closing 1.8% higher. Banks blostered the market tod…

Gross Domestic Product fell 0.3% in the March quarter: ASX tracking 0.9% higher at noon

03 Jun 2020 - The ASX shot up at the open and is now tracking almost 0.9% higher at noon. Banks are performing well so far this morning following GDP and building approvals data fr…

AUD jumps 1.5% against the USD: ASX poised to open higher

03 Jun 2020 - Following gains from US markets overnight, the ASX looks set to open higher this morning. Around the world stock markets have hit their highest levels since March as …

RBA keeps interest rates on hold at 0.25%: ASX closes 0.3% higher

02 Jun 2020 - It has been an up and down day of trade for the Australian share market, which closed 0.3 per cent higher. Shopping centre company Unibail-Rodamco-Westfield saw their…

Australia records another current account surplus: ASX tracking 0.1% lower at noon

02 Jun 2020 - The ASX saw a bit of a rollercoaster ride this morning, dipping again in mid morning trade to now be tracking 0.1% lower at noon. Shares in Vicinity Centres (ASX:VCX)…

AUD sees a four-month high against the greenback: ASX poised to rise at the open

02 Jun 2020 - The ASX is expected to open slightly higher. Today all eyes will be on the RBA’s policy statement at 2:30 pm AEST to discuss our economic recovery. Wall Street saw st…

Fortescue reaches new record on the back of iron ore price surge, Aussie dollar pops: Aus shares finish 1.1% higher

01 Jun 2020 - The local sharemarket started the new month with a 1.1 per cent rally to finish at 5819 as iron ore miners pushed higher and banks bounced back from a weak start.

Aussie shares reverse early dip, big 4 push higher, iron surges boosting miners Aus shares 0.7% higher at noon

01 Jun 2020 - The Australian sharemarket has reversed an early dip the beginning of the trading week as the big four bank stocks push higher, while property stocks are taking a hit…

Wall Street ends mixed: Aus shares to open lower ahead of a big week for economic data

01 Jun 2020 - The Australian sharemarket looks set to open lower following a mixed result in the US on Friday. Wall Street ended a volatile session with the Nasdaq and the S&P500 m…

5th consecutive week of gains: Aus gain 4.5% over week

29 May 2020 - Despite today’s losses, the market finished the week 4.5% higher. That’s the fifth consecutive week of gains for the ASX200. Investors are optimistic that the easing …

Private sector credit steady in April: Aus shares 1.1% lower at noon

29 May 2020 - The Australian share market opened lower and slid throughout the morning as the big four bank rally that we have been seeing the first 4 sessions of the week came to …

Nine Entertainment cheers as NRL season kicks off: Aus shares to open lower

29 May 2020 - Australian futures are pointing to a weak start after the Dow dropped almost 300 points in late session trade. The Australian National Cabinet will meet today to disc…

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