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Biggest drop since March: Aus shares close 1.4% lower

08 Oct 2018 - Market Wrap. ASX loses 4 months of gains, biggest drop in 6 months. Beach Energy sees selling on reduced guidance. MYOB shares hit yearly high. Wesfarmers' Coles dem…

ASX nearing 4-month lows: Aus shares 1% lower at noon

08 Oct 2018 - Market at Midday. ASX nears 4-month lows. Wesfarmers (ASX:WES) slides on negative outlook. A2 Milk (ASX:A2M) rallies on upgrade. KKR makes $2.2b takeover offer for MY…

Wall Street lower after jobs data: Aus shares to drop at open

08 Oct 2018 - Aus shares to open lower following negative leads from Wall Street. US jobs report weighed on stocks and boosted treasury yields. Wesfarmers (ASX:WES) has provided de…

Discretionary & financials weigh: Aus shares close 0.4% lower on week

05 Oct 2018 - Market Wrap. 3-day rally not enough, to shake our losses. Consumer Discretionary and Financials weigh on the ASX this week. Energy and Materials up the most. Austal w…

Third day of gains: Aus shares 0.3% higher at noon

05 Oct 2018 - Market at Midday. Retail sales rise, beating consensus. Construction industry contracts for the first time in 20 months. St Barbara up 5.9% on gold rally. Beach Energ…

Global bond yields rise: ASX poised to open lower

05 Oct 2018 - The ASX is set to drop at the open. The S&P 500 dropped to a three-week low and the Nasdaq tumbled. Global bond yields continued to rise. Pacific Current Group (ASX:P…

Aluminium price lifts AWC to 10-year high: Aus shares close 0.5% higher

04 Oct 2018 - Market Wrap. Aluminum rises to 3-months high, US crude at 4-year high. Alumina (ASX:AWC) up 11%. Australia's balance of trade beats expectations. Bank of Queensland (…

Oiling up: Aus shares 0.7% higher at noon

04 Oct 2018 - Market at Midday. Australia's balance of trade rises 4% to $1.6 billion, beating expectations. Lendlease in midst of multi-million buy-back and upgraded to a buy by C…

US economy on the up: ASX set to open higher

04 Oct 2018 - ASX set to open higher. In the US, trading volume jumped amid evidence the American economy keeps growing as a selloff in Treasuries deepened and US stocks edged high…

Gold miners glitter, ASX 1% lower this week: Aus shares up 0.32% Wed

03 Oct 2018 - Market Wrap. Gold stocks rally on precious metal at 5-day highs, Saracen Mineral Holdings hits 3-month high, St Barbara hits 7-day high. Northern Star Resources prese…

Clawing back, mixed eco news: Aus shares 0.4% higher at noon

03 Oct 2018 - Market at Midday. Gold lifts above US$1,200 seeing gold miners rally. Dwelling approvals tumble 9.4%, vs 1% rise expected. Services sector lifts for 19th month. Arden…

US stocks edge lower: ASX poised to open higher

03 Oct 2018 - The ASX is set to edge higher at the open. Shares on Wall St ended mixed with the Dow closing at a record high, the S&P 500 flat and the Nasdaq down. Afterpay Touch G…

Qantas sold down, AMP 15-yr low, rates held: ASX closes 0.8% lower

02 Oct 2018 - Market Wrap. Most sectors give up gains. Rates held for a record 25 times. AMP at 15-year lows. Qantas sold down by Helloworld. Pilbara Minerals ships first ever ship…

Rates to hold for 25th time: ASX slips 0.5% at noon, back to June levels

02 Oct 2018 - Market at Midday. ASX200 wipes out 3 months of gains and takes the market back to June levels. Rates to hold for 25th time. Most sectors lower. Mesoblast down 9.4% de…

Canada to join trade deal, Wall Street mostly higher: Aus shares to open higher

02 Oct 2018 - Aus shares set for positive start following mixed leads from Wall Street. Investors cheered the news of Canada joining a trade deal with the US and Mexico. Hancock Pr…

Healthcare sector stays in the green: ASX closes 0.6% lower

01 Oct 2018 - It's been a quiet day on the markets with the ASX closing lower. New Zealand software company Xero did well today, Nufarm shares were down. The Canadian dollar and Me…

Volumes down due to Labour Day: ASX 0.6% lower at noon

01 Oct 2018 - The ASX dropped at the open and is now 0.6 per cent lower at noon. Thousands of traders are away from their desks due to Labour Day for some states, keeping volumes l…

Wall Street posts flat finish: Aus shares to open lower

01 Oct 2018 - Aus shares look set to open lower this morning after US stocks ended virtually unchanged on Friday. Westpac (ASX:WBC) CEO Brian Hartzer has apologised to customers af…

Energy up most in Sep: Aus shares close 0.4% higher, 3 week high

28 Sep 2018 - Market Wrap. 3-wk high. Financials up most today 1.2% despite 'shame for Australia’s banks.' Sep Wrap, Energy up the most 3.6%, Telcos up 2.1%, Healthcare down 7.5%. …

3-week high: Aus shares 0.5% higher at noon

28 Sep 2018 - Market at Midday. 3-week high with most sectors trading higher despite waiting for banking Royal Commission's interim report. Westpac Bank (ASX:WBC) downgraded by thr…

FAANG stocks bolster market: ASX to open higher

28 Sep 2018 - A tech rally on Wall St has bolstered Australian shares and we are set to see the ASX open higher this morning. FAANG stocks are doing well. After the Fed raised inte…

Lower and further away from 10-yr high: Aus shares close 0.2% lower

27 Sep 2018 - Market Wrap. ASX200 closes 11pts lower. Telcos up the most, extending run from July. Job vacancies ease. Propertylink Group (ASX:PLG) wants independent valuations ami…

Flat September: Aus shares 0.1% lower at noon

27 Sep 2018 - Market at Midday. Australian job vacancies up but ease from prior Qtr. ASX continues to track sideways in Sep. Beach Energy (ASX:BPT) rallies on plans to rise product…

RBNZ key rates remain at 1.75%: ASX to open lower this morning

27 Sep 2018 - The ASX is expected to open lower this morning after US stocks fell and Treasuries rose when the Federal Reserve signaled it’ll keep raising interest rates. RBNZ held…

Banks drag ahead of Royal Commission: ASX closed 0.1% higher

26 Sep 2018 - The ASX closed a little higher this afternoon. Energy and Materials continued to perform well as banks dragged ahead of the royal commission's interim report. And Auc…

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