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Market Reports

ASX closes 0.85% higher: Investors await the Fed rate decision

01 Nov 2023 - On Wednesday, the stock market experienced a second consecutive day of gains as investors eagerly anticipated the Federal Reserve's policy statement, hoping to gain i…

ASX up 0.26% at noon: Australian building approvals fall 4.6%

01 Nov 2023 - Australian building approvals in September fell by 4.6%, surprising analysts who had anticipated a 1.3% increase.

S&P500 climbs ahead of Fed rates decision

01 Nov 2023 - Stocks edged higher on Tuesday, as Wall Street closed out a tough month of trading. Stocks posted their third-straight losing month. The Dow and the S&P 500 fell 1.4%…

ASX closes 0.12% higher as Consumer Staples outperforms

31 Oct 2023 - On Tuesday, the Australian sharemarket experienced a modest increase, driven by a rally in consumer staples and real estate stocks.

Afternoon update: ASX up 0.18%: China's offical manufacturing index falls

31 Oct 2023 - The S&P/ASX 200 is trading 0.18 per cent higher at 6,785.30.

ASX up 0.37% at noon following the US markets lead

31 Oct 2023 - At noon, the S&P/ASX 200 is 0.37 per cent higher at 6,798. Asia-Pacific markets were mixed with markets awaiting monetary policy decisions by the Bank of Japan. The B…

Stocks surge as S&P 500 exits correction zone ahead of pivotal week

31 Oct 2023 - Stocks rallied on Monday, with the S&P 500 ending the day out of correction territory, as traders kicked off a big week filled with a Federal Reserve rate decision, j…

ASX closes 0.8% lower to hit its lowest point since October 2022

30 Oct 2023 - On Monday, the ASX experienced a decline of 0.8 percent at 6772.9 points. This drop below 6800 points marked the first time it had done so this year and is its lowest…

Afternoon update: ASX down 0.55% as Israel launches ground operations

30 Oct 2023 - The ASX has reached a 12-month low due to investor concerns that the Israel-Hamas conflict may lead to a regional war.

ASX down 0.62% at noon as Australian retail sales rise by 0.9% in September

30 Oct 2023 - Australian retail sales exceeded expectations by rising 0.9% in September, compared to economists' forecast of a 0.3% increase, following slower growth in August and …

Fears of recession pull the Dow lower

30 Oct 2023 - Renewed selling on fears of a recession dragged the Dow Jones Industrial Average lower on Friday and pushed the S&P 500 into correction territory.

ASX up 0.27% at noon as Australia's producer prices increase by 1.8%

27 Oct 2023 - Australia's producer prices increased by 1.8% in September when compared to the previous quarter, and they rose by 3.8% over the past 12 months, according to the Aust…

Meta's forecast deepens Nasdaq into correction territory

27 Oct 2023 - The Nasdaq Composite dropped deeper into correction territory on Thursday as Meta became the latest tech company to offer a forecast that didn’t quite live up to inve…

ASX closes 0.61% lower: Sell-off in Tech stocks

26 Oct 2023 - The Australian stock market reached its lowest point of the year, primarily driven by a substantial sell-off in technology stocks.

Afternoon update: ASX down 0.8%, SQM buys Azure Minerals

26 Oct 2023 - Australian shares have fallen 0.8 per cent after Wall Street fell on mixed profit reports from Microsoft and Alphabet.

ASX down 0.59% at noon: Energy is best performing sector

26 Oct 2023 - Governor of the Reserve Bank of Australia, Michele Bullock, has stated that they are still in the process of analysing the recent CPI (Consumer Price Index) figures.

Meta & IBM the latest to report Q3 results

26 Oct 2023 - The S&P 500 closed below a key level on Wednesday. The benchmark index fell 1.4%, ending the day below the 4,200 level that was being widely watched by chart analysts…

Hot inflation data leads ASX to close 0.04% lower

25 Oct 2023 - Australian shares closed flat on Wednesday, ignoring a strong performance on Wall Street. The lackluster performance was attributed to a higher-than-expected inflatio…

Afternoon update: ASX down 0.07% after hotter than expected CPI data

25 Oct 2023 - Australia's consumer price index increased by 1.2% in the September quarter compared to the previous quarter, slightly surpassing economists' expectations.

ASX up 0.31% as Australia's CPI beats expectations

25 Oct 2023 - Australia's September quarter CPI data have exceeded market estimates, with the quarterly headline CPI rising 1.2 percent versus the expected 1.1 percent, and the ann…

Alphabet, Microsoft post earnings; Bitcoin soars; Albanese boosts critical minerals

25 Oct 2023 - Stocks rose Tuesday as investors focused on a fresh slate of earnings reports. Coca-Cola reported earnings and revenue that topped estimates, sending the stock up 2.8…

ASX closes 0.19% higher as Energy stocks get a boost from rising oil prices

24 Oct 2023 - Energy stocks benefited from the rise in oil prices, with West Texas Intermediate trading around $86 per barrel. The avoidance of a Gaza invasion by Tel Aviv temporar…

Afternoon update: ASX up 0.16%, Energy leads sectors

24 Oct 2023 - The S&P/ASX 200 is trading 0.16 per cent higher at 6,855.1.

ASX currently up 0.22%: Energy is best performing sector

24 Oct 2023 - The spotlight is on RBA Chief Michele Bullock's speech scheduled for 7pm AEDT at the Global Markets Conference hosted by CBA in Sydney.

S&P500 falls lower: Chevron acquires Hess Corporation

24 Oct 2023 - The Nasdaq Composite ticked higher on Monday as Treasury yields retreated from their highs and traders looked ahead to the release of corporate earnings from tech ind…

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