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Market Reports

Afternoon update: ASX 0.53% higher, China unexpectedly cuts rates

15 Aug 2023 - The S&P/ASX 200 index is currently trading 0.53 per cent higher at 7,315.80. Wages have seen a 0.8 per cent increase, falling short of the anticipated 0.9 per cent gr…

ASX up 0.63% at noon as wage growth comes in lower than expected

15 Aug 2023 - The Australian dollar experienced a decrease in value following the release of second quarter wages data that fell short of expectations. This development strengthens…

Chip stocks rebound to lift the Nasdaq and S&P500

15 Aug 2023 - The S&P500 and the Nasdaq Composite rose Monday lifted by a rebound in chip stocks and tech names.

ASX closes 0.86% lower as renewed China worries impact mining stocks

14 Aug 2023 - At the closing bell, the S&P/ASX 200 was 0.86 per cent lower at 7,277.

Afternoon update: ASX down 0.92%, Further earnings results released

14 Aug 2023 - The S&P/ASX 200 index is currently down 0.92 per cent, with the value at 7,272.80 points. The SPI futures have dropped by 73 points.

ASX down 0.46% at noon as AUD tumbles to two month low

14 Aug 2023 - At noon, the S&P/ASX 200 is 0.46 per cent lower at 7,306.30. The Australian dollar's value fell by 0.3% to US64.75¢, marking a two-month low. This decline follows a m…

Selloff in semiconductor stocks causes Nasdaq to slip

14 Aug 2023 - The Nasdaq Composite ended Friday lower and notched its second consecutive losing week in 2023 as semiconductor stocks languished.

ASX down 0.13% at noon: Investors process a series of corporate earnings

11 Aug 2023 - At noon, the S&P/ASX 200 is 0.13 per cent lower at 7,347.80. Investors are processing a series of corporate earnings reports. The market was impacted by a decline in …

July CPI data comes in lower than expected on an annual basis

11 Aug 2023 - The Dow Jones Industrial Average edged higher Thursday, after the July consumer prices gained 3.2 per cent on an annual basis, less than the 3.3 per cent consensus fr…

ASX closes 0.26% higher driven by Energy sector

10 Aug 2023 - At the closing bell, the S&P/ASX 200 was 0.26 per cent higher at 7,357.40.

Afternoon update: ASX 0.12% higher, Lake Resources to give update on Kachi

10 Aug 2023 - The S&P/ASX 200 is trading 0.12 per cent higher at 7,346.70. The SPI futures have risen by 11 points.

ASX down 0.01% at noon as Energy leads

10 Aug 2023 - At noon, the S&P/ASX 200 is 0.01 per cent lower at 7,337.10. The energy sector is outperforming other sectors, driven by a 2.8% increase in Santos (ASX: STO) and a 1.…

Disney & Wynn Resorts report after the bell

10 Aug 2023 - Stocks fell Wednesday as Wall Street awaited fresh inflation data coming later in the week.

ASX closes 0.37% higher after big banks report strong earnings

09 Aug 2023 - At the closing bell, the S&P/ASX 200 was 0.37 per cent higher at 7,338.50.

ASX up 0.2% as oil reaches highest level since April

09 Aug 2023 - The S&P/ASX 200 is 0.2 per cent higher at 7,325.70. Oil prices steadied in Asia, having reached their highest level since mid-April due to concerns about the Ukraine-…

Moody's downgrades US banks

09 Aug 2023 - Stocks retreated Tuesday as an August selloff was reignited by a downgrade of the banking sector by credit rating agency Moody's.

ASX closes 0.03% higher: Goldman Sachs predicts decline in iron ore prices

08 Aug 2023 - Goldman Sachs predicts a continued decline in iron ore prices this year due to a looming surplus in the physical market and increasing worries about China reducing it…

Afternoon update: ASX up 0.14% as James Hardie records all-time high profit margins

08 Aug 2023 - The S&P/ASX 200 index is trading 0.14 per cent higher at 7,319.60.

ASX up 0.07% at noon: NAB survey shows dip in business conditions

08 Aug 2023 - In the month of July, the NAB monthly survey exhibited that business conditions experienced a marginal dip of one basis point, settling at +10 index points, while bus…

The Dow rises on further positive earnings reports

08 Aug 2023 - The Dow Jones Industrial Average rose Monday as investors kicked off a week with more corporate earnings.

ASX closes 0.22% lower as oil holds gains

07 Aug 2023 - At the closing bell, the S&P/ASX 200 was 0.22 per cent lower at 7,309.20.

ASX down 0.26% at noon: Pilbara Mineral upgrades resource

07 Aug 2023 - Pilbara Minerals (ASX:PLS) have surged following the announcement of a substantial 36% increase in total Resource tonnage and a 64% increase in total Measured and Ind…

S&P 500 and Nasdaq record their worst week since March

07 Aug 2023 - The S&P 500 and Nasdaq Composite slumped Friday for a fourth straight session, and notched their worst weeks since March, as traders seemed to book profits following …

ASX up 0.04% as RBA lowers economic growth predictions

04 Jul 2023 - The Reserve Bank has lowered its economic growth predictions and expects inflation to slow down faster than previously estimated.

Apple & Amazon report earnings after the bell

04 Aug 2023 - The S&P 500 ticked lower for a third straight day, as Wall Street assessed the latest corporate earnings results and struggled to shake off pressure from rising bond …

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