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Market Reports

Choppy session, property prices fall more than expected: Aus shares 0.1% up at noon

19 Mar 2019 - RBA notes significant falls in housing market & ABS reports property prices fall 2.4%, more than expected in Qtr. New Hope (ASX:NHC) reports growth across all key met…

Amazon and Apple lift Wall Street: Aus shares to rise

19 Mar 2019 - Australian stocks are set for a positive open after Wall Street rose as Amazon and Apple outperformed. Gains were kept in check however by falls in both Boeing and Fa…

Miners lead the charge: Aus shares close 0.3% higher

18 Mar 2019 - Wisr (ASX:WZR) has officially launched its debt reduction round-up app. CBA (ASX:CBA) settles a R&D tax dispute with the ATO, Vocus Group (ASX:VOC) quashes media spec…

Resilient rise despite terror event in NZ: Aus shares 0.3% higher at noon

18 Mar 2019 - Business as usual for traders and investors despite Mosque massacre. Manikay Partners increases stake in MYOB (ASX:MYO) & Citi has MYO as hold stock. McMillan Shakesp…

Tech leads Wall Street weekly gains: Aus shares to open higher

18 Mar 2019 - Australian shares look set to start to the week on a positive note following solid leads from Wall Street on Friday. Marley Spoon (ASX:MMM) has kicked off an investor…

Heartland Group raise $50M: ASX200 up 0.5% over week

15 Mar 2019 - The ASX200 opened higher this morning. It suffered a midsession slump and despite forging a comeback it closed 0.1% lower at 6,175. Most sectors made ground today, wi…

Industrials boost the market: Aus shares 0.1% lower at noon

15 Mar 2019 - Despite opening higher and seeing an early spike in the first 15 minutes of trade, the ASX200 index is tracking 0.1% or 6 points lower at noon at 6,174. Most sectors …

Wall St uncertainty as China trade deal drags: ASX poised to open higher

15 Mar 2019 - The ASX is poised to open higher. Yesterday Wall St fluctuated with sentiment surrounding the trade war with China feeling unsettled as a meeting set to end the dispu…

RBA may slash rates in May: ASX200 snaps 4-day losing streak, up 0.3% Thursday

14 Mar 2019 - ASX shakes off mid-session selling and breaks 4-day downward trend with Energy leading the way. Afterpay (ASX:APT) also shone. Sandfire (ASX:SFR) passes key milestone…

ASX snaps losing streak on Wall Street rally: Aus shares steady at noon

14 Mar 2019 - ASX snaps 4-day downward trend on Wall Street hitting fresh highs. Zip Co (ASX:Z1P) raises $42.8 million to bolster growth, Megaport (ASX:MP1) raises $50 million to …

Boeing shares take another hit: ASX set to open higher

14 Mar 2019 - Australian shares are poised to open higher this morning, following on from a rally on Wall St as US data signaled a resilient economy. Boeing shares face more pressu…

Sigma shares slip dragging ASX: Aus shares lose 0.2% Wednesday

13 Mar 2019 - ASX closes lower for 4th straight sesson, erasing two weeks of gains. Sigma Healthcare (ASX:SIG) shares slips after API (ASX:API) takeover deemed 'not in best interes…

Sigma rejects API takeover proposal: ASX 0.4% lower at noon

13 Mar 2019 - The ASX dropped at the open and continues to fall – currently trading 0.4% lower. Shares in Sigma Healthcare (ASX:SIG) have dropped almost 5% after rejecting the prop…

UK stocks drop on Brexit chaos: ASX poised to open lower

13 Mar 2019 - The ASX is set to open lower this morning with eyes on Britain. In the UK Theresa May's Brexit deal was once again rejected by Parliament. Boeing shares tumble follow…

Govt reverses decision to ban broker trail commissions: Aus shares close 0.1% lower

12 Mar 2019 - ASX closes with toes in water on Govt reversing its decision to scrap broker trail commissions. New house lending falls 20% YOY, biggest year drop since 2008. Service…

Business conditions fell 3 points in Feb: ASX tracking 0.4% higher at noon

12 Mar 2019 - The ASX rose after the open and is now tracking 0.4% at noon. Resources engineering company WorleyParsons (ASX:WOR) recovered after yesterday's dip with a 3% rise thi…

Tech rally boosts Wall St: Aus shares to rise

12 Mar 2019 - Australian shares look set to rise this morning following strong leads from US markets. A tech-led rally on Wall Street saw the Dow Jones close 200 points higher. Ca…

Slow start to the week: ASX closes 0.4% lower

11 Mar 2019 - The ASX closed 0.4% lower – the lowest value since the beginning of the month. Financial services company Perpetual (ASX:PPT) made a rise of over 12% despite no annou…

Newcrest to buy billion dollar stake in Canada mine: The ASX 0.5% down at noon

11 Mar 2019 - The ASX dropped at the open and continued to struggle throughout the morning now tracking 0.5% lower at noon. Newcrest (ASX:NCM) saw their shares jump today after rep…

Jobs Report weighs on Wall St: Aus shares set for weak start

11 Mar 2019 - Australian shares look set extend losses this morning following weak leads from Wall Street on Friday. Incitec Pivot (ASX:IPL) has announced the pricing of an of a $4…

Bearish day: Aus shares up 0.2% over week

08 Mar 2019 - The ASX managed to defy negative leads from Wall Street this morning to open just above the line. But the market proved bearish over the day, finishing nearly 1% lowe…

Beach Energy downgraded: Aus shares 0.7% lower at noon

08 Mar 2019 - The ASX200 is off to a rocky start this morning. The market opened higher but has been on a downward trend leading into the middle of the session. The Energy and Fina…

European Central Bank slashes growth forecasts: ASX poised to open lower

08 Mar 2019 - The ASX is set to open lower this morning following on from losses in Europe. The euro zone’s central bank cut its growth forecast for 2019 to 1.1% from December's f…

ASX raises the bar again, another 7-month high, defying Wall St: ASX adds 0.3% on Thurs

07 Mar 2019 - ASX proves resilience to US equities. Aus' construction industry continues to fall in Feb, Balance of Trade improves in Jan, retail sales miss expectations. Super Ret…

Retail sales come in below expectations: ASX 0.2% higher at noon

07 Mar 2019 - The ASX advanced at the open and is now tracking 0.2% higher at noon. Rio Tinto (ASX:RIO) shares took a dip today after being one of the best performers so far this y…

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