Finance News Network

Market Reports

ASX hangs on to gains as iron ore & energy stocks lag, up 0.3% at 2pm

23 Jun 2022 - Australian shares have managed to hold on to gains led by real estate, healthcare and consumer staples as investors focused on RBA governor Philip Lowe’s view that he…

S&P 500 snaps two-day rally, BHP, Bowen Coking Coal, MLG Oz, ANZ Bank on watch: ASX to rise

23 Jun 2022 - Global markets were almost in a sea of red as commodity prices weighed on the major indexes. What to look out for on the ASX today.

ASX retreats on renewed risk aversion, closes 0.2% lower

22 Jun 2022 - The morning rally fizzled out on choppy trade after an optimistic finish from Wall St. The ASX 200 saw a high of 0.5% before ending the session almost near session lo…

ASX's short-lived rebound sparked by renewed recession fears, down 0.3% at 1pm

22 Jun 2022 - The Australian sharemarket’s rebound was short-lived, turning lower after trading as high as 0.5%. US futures fell as the optimism from Wall St’s jump fizzled out.

Wall St jumps, Humm, Janus Henderson, Lumos Diagnostics, AMP, Coronado Coal on watch: ASX to rise

22 Jun 2022 - US stocks rebounded as dip buyers emerged after the long weekend. Energy and miners led the rally on Wall St, Europe and ASX. What to look out for on the ASX today.

ASX stages big rally fueled by RBA-relief, closes 1.4% higher

21 Jun 2022 - Australian shares snapped a 7-day losing streak led by resource and financial stocks amid the US futures pointing to a rise as Wall Street looks to resume trade after…

Relief-rally, sparked by RBA boss says no local recession, Banks jump: ASX up 1.2% at noon

21 Jun 2022 - The ASX is set to snap a 7-day losing streak as investors were relieved that RBA governor Philip Lowe doesn’t see a local recession coming.

European banks rally, Iron ore falls 8%, RBA minutes, Graincorp, BHP, Zip Co on watch: ASX to rise

21 Jun 2022 - Wall St is closed for the Juneteenth holiday. Europe rebounded as dip buyers emerged, helped by banks and energy. RBA meeting minutes due. Five companies to keep an e…

PointsBet jumps nearly 19%, energy & miners tumble: ASX closes 0.6% lower

20 Jun 2022 - The ASX remained in negative territory throughout the afternoon session as the resources sector continued to weigh. At the closing bell, the S&P/ASX 200 was 0.6% or 4…

Iron ore futures drill miners lower, Energy weighs: ASX down 0.8% at noon

20 Jun 2022 - The ASX has fallen mid-morning, weighed down by the resources sector as investors mull on the prospect of tighter financial conditions. S&P 500 contracts turned lower…

Triple witching haunts Wall St, Oil falls 7%, Australian Agriculture, Qantas on watch: ASX to dip

20 Jun 2022 - Dow closed lower as Wall St falls to March 2020 levels. Iron ore prices eased against poor demand sentiment and weak steel margins. Oil prices slumped to a four-week …

ASX tumbles 7.1% over the week, its worst fall since March 2020

17 Jun 2022 - Australian shares sank again this week as recession fears continued to hit financial markets. The ASX 200 had its worst week since the pandemic started in March 2020,…

Tech leads broad sell-off yet gold stocks shine: ASX tumbles, down over 2% at noon

17 Jun 2022 - The ASX has tumbled this morning following Wall Street's fall overnight on heightened recession fears in the US. This comes after a renewed global sell-off as rising …

US mortgage rates surge to 5.87% their biggest move since 1987

17 Jun 2022 - Major indexes have notched big declines in 2022 as high inflation, rising interest rates and growing concerns about corporate profits and economic growth dent investo…

Relief rally fizzles for a 5th day: ASX closes 0.2% lower

16 Jun 2022 - Australian shares gave back its gains after the relief-rally was overshadowed by concerns of future aggressive interest rate hikes from the Federal Reserve to curtail…

Jobless rate steady at 3.9%, Tech & property jump, Bubs inks deal with Walmart: ASX up 0.5% at noon

16 Jun 2022 - Australian shares have advanced from the 2-day slump of this holiday-shortened week led by property and information tech stocks.

Federal Reserve's aggressive move to get ahead of the inflation curve

16 Jun 2022 - The Federal Reserve announced a 0.75% rate rise overnight, a move the market had almost completely priced in. Inflation and labour force data to be released this morn…

Tech leads broad decline: ASX falls for 4th day, closes 1.3% lower

15 Jun 2022 - The Australian sharemarket closed lower for its fourth consecutive session after shares fell further in the afternoon trade, with all eyes on tonight’s interest rate …

Consumer confidence falls to April 2020 low: ASX extends fall, down 0.2% at noon

15 Jun 2022 - The ASX has extended its fall for a 4th straight day with consumer staples and utilities advancing while the other sectors are in the red. Healthcare is the worst per…

S&P 500 falls for 5th day, ANZ, Atlas Arteria, Kelsian, Hub24 on watch: ASX to fall

15 Jun 2022 - Wall Street closed mixed as investors await the Federal Reserve's interest rate hike announcement. ASX entered correction territory. What to look out for locally toda…

ASX tumbles 3.6% to close at 16-month low

14 Jun 2022 - The Australian sharemarket has suffered its worst losses in over two years, obliterating $82bn of market capitalisation off the ASX 200.

Wall Street carnage hits ASX: Aus shares 4.9% lower at noon

14 Jun 2022 - The local stock exchange has plunged in early trading, playing catch-up to a brutal sell-off on Wall Street as a holiday-shortened trading week kicked off.

No safe havens in overnight markets

14 Jun 2022 - ASX futures pointing to a 4 per cent fall today post dramatic falls across US markets over the last couple of sessions. The major issue is that global central banks h…

ASX suffers worst week since 2020: Aus shares close 1.3% lower

10 Jun 2022 - The ASX has suffered its worst week since 2020 after the financial sector was hit with a 9 per cent weekly slump. The market was under renewed pressure today, with al…

Energy, miners & tech fall, major banks rebound: ASX down 0.7% at noon

10 Jun 2022 - The ASX is off to another weak start following a red finish on Wall Street. Australian shares are on track for their largest weekly decline this year as markets diges…

Prior Page Next Page