Finance News Network

Market Reports

ASX is up 0.03% as investors await RBA decision

04 Apr 2023 - Australian shares remained stagnant before the Reserve Bank of Australia's interest rate decision at 2:30 pm AEST.

OPEC's oil cut gives the Energy sector a big boost

04 Apr 2023 - The Dow Jones Industrial Average added more than 300 points overnight, as Wall Street shows resilience despite an oil output cut from OPEC+ that threatens to stoke in…

Energy leads following OPECs cut to production: ASX closes 0.63% higher

03 Apr 2023 - At the closing bell, the S&P/ASX 200 was 0.63 per cent higher at 7,223. The energy sector led the gains. OPEC's cuts to oil production increased prices.

Energy and IT surge: ASX up 0.7% at noon

03 Apr 2023 - Energy and Information Technology are both up over 2 per cent, following gains in the sectors in the US markets on Friday.

Stocks rally into strong quarter end

03 Apr 2023 - Stocks climbed higher on Friday to end the quarter with a bang after the market got a boost after the Fed’s preferred inflation gauge showed a cooler-than-expected in…

ASX closes 0.78% higher to wrap up a solid week of trading

31 Mar 2023 - At the closing bell, the S&P/ASX 200 was 0.78 per cent higher at 7,177.80, led by the materials sector, which saw BHP Group's (ASX:BHP) shares rise by 2.5 per cent.

Gains from materials and healthcare boost ASX 0.71% at noon

31 Mar 2023 - At noon, the S&P/ASX 200 is 0.71% higher at 7,173, with materials and healthcare sectors leading the gains. Syrah Resources (ASX:SYR), Block (ASX:SQ2), and De Grey Mi…

S&P500 rises on hopes that the worst of bank crisis is over

31 Mar 2023 - The S&P 500 rose Thursday, as investors bet the worst of the regional bank crisis has passed. Weekly jobless claims increased by 7,000 to 198,000, adding to hopes tha…

Tech leads as ASX closes 1.02% higher

30 Mar 2023 - At the closing bell, the S&P/ASX 200 was 1.02 per cent higher at 7,122.30, driven by a 1.7 per cent rise in the tech sector.

Decline in job vacancies boosts ASX 1.05% at lunchtime

30 Mar 2023 - According to the Australian Bureau of Statistics, job vacancies decreased by 1.5 per cent to 438,500 in the three months to February, with the retail trade sector bei…

Gains from tech bellwethers boost US stocks

30 Mar 2023 - Stocks rose broadly Wednesday, as strong gains in tech helped the Nasdaq rebound after a losing session. Sentiment was also lifted by easing concerns around the state…

ASX closes 0.23% higher on hopes inflation has slowed

29 Mar 2023 - At the closing bell, the S&P/ASX 200 was 0.23 per cent higher at 7,050.30, buoyed by hopes that slowing inflation will prompt the Reserve Bank to pause its tightening…

ASX up 0.04% as Australian CPI data misses forecasts

29 Mar 2023 - The Australian inflation rate for February was lower than expected, with a rate of 6.8 per cent compared to the forecasted 7.2 per cent. Housing, food and non-alcohol…

Lithium takeover bid sees global short squeeze play out overnight

29 Mar 2023 - Global equity markets were lower overnight. Despite worries about the crisis among US regional banks quietening thanks in part to policymakers’ efforts to alleviate t…

Gains from Energy and Materials boost ASX: Aus shares close 1% higher

28 Mar 2023 - At the closing bell, the S&P/ASX 200 was 1.04 per cent higher at 7,034.10, with the Energy sector leading the gains and surging 4.1 per cent, followed by the Material…

ASX up 1.1% as retail sales from February released

28 Mar 2023 - According to the Australian Bureau of Statistics, retail sales in Australia increased by 0.2% in February. This follows a 1.8% rise in January. The head of retail sta…

First Citizen acquires large chunk of SVB

28 Mar 2023 - The Dow Jones Industrial Average rose Monday, building on last week’s gains, as investors attempted to move on from the crisis that broke out in the regional bank sec…

ASX closes up by 0.1 per cent despite rise in US futures

27 Mar 2023 - At the closing bell, the S&P/ASX 200 was 0.10 per cent higher at 6,962, and closed almost unchanged despite a rise in US futures.

Energy only sector lagging: ASX up 0.27% at noon

27 Mar 2023 - At noon, the S&P/ASX 200 is 0.27 per cent higher at 6,974.10, with all sectors rising except for Energy.

Deutsche Bank is the latest international bank to tumble

27 Mar 2023 - Stocks rose Friday after a volatile trading session. Although Friday began with fears that the banking crisis was spilling over to Deutsche Bank, the markets rebounde…

Gains from Materials and Utilities not enough to lift the ASX

24 Mar 2023 - Utilities and Materials gained 0.73 per cent and 0.56 per cent respectively. However, it wasn't enough to lift the ASX.

Financials drag ASX down 0.44% at noon

24 Mar 2023 - Overnight, the Financials sector in the US weakened further, with regional stocks falling broadly, in particular the SPDR S&P Regional Banking ETF losing 2.7 per cent…

Gains from tech bellwethers boost US shares

24 Mar 2023 - Stocks ended the session higher on Thursday in what was a turbulent trading session as traders bet that the Federal Reserve may be nearing the end of its rate hiking …

Materials weighs on shares as ASX falls by 0.67%

23 Mar 2023 - At the closing bell, the S&P/ASX 200 was 0.67 per cent lower at 6,968.60, with 9 out of 11 sectors in the red.

All sectors trading lower: ASX down 0.76% at noon

23 Mar 2023 - At noon, the S&P/ASX 200 is 0.76 per cent lower at 6,962.60, with all 11 sectors experiencing losses. Materials performed the worst, dropping by 1.6 per cent.

Prior Page Next Page