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Wage print prompt concerns on 40bp rise, Sayona soars 22% in 3 days: ASX up 0.7% at noon

18 May 2022 - Australian shares are on track to continue its winning streak for its 4th straight day after taking a strong lead from Wall St. The local index trimmed back its gains…

Tech bulls emerge as S&P 500 jumps, Fortescue, Block, CBA, Flight Centre, AGL on watch: ASX to climb

18 May 2022 - Wall St roared as investors felt optimism on the news from China with no new Covid-19 cases for three days in Shanghai and several economic figures, indicating the st…

Energy glows as ASX lifts higher for 3rd straight day, closes 0.3% higher

17 May 2022 - Australian stocks posted its 3rd straight day of gains pushed higher by the index’s largest banks, miners, and energy stocks, notching its longest winning streak sinc…

RBA mulled on 40bp rate hike, AUD jumps to 70c, Havilah soars 82% on OZL deal: ASX up 0.3% at noon

17 May 2022 - The Aussie dollar jumped to a 70 handle, equities pared back gains, while treasury yields rose, following the release of the meeting minutes from the RBA after invest…

Tech rout sends mixed signs on Wall St, James Hardie, Graincorp, Brambles, AUD on watch: ASX to rise

17 May 2022 - Wall St lacked conviction after learning that China's extended lockdowns could ease, sending oil prices higher while they digested a raft of economic print, including…

China's economy slumps in April: ASX closes 0.3% higher

16 May 2022 - Australian shares struggled to maintain their early morning rally after China revealed that it had suffered an 11.1 per cent drop in retail sales during April, which …

Brambles soars on takeover talks, Macquarie falls: ASX up 0.5% at noon

16 May 2022 - The ASX has advanced this morning buoyed by a jump in Brambles (ASX:BXB) and tech shares. This comes after an optimistic finish on Wall Street, which saw a relief-ral…

Wall St gets lucky on Fri 13, Perpetual, Goodman Group, Brambles, Macquarie on watch: ASX to rise

16 May 2022 - Oversold conditions attracted dip buyers and investors searching for beaten down stocks after 5 brutal days, following the Fed's decision the prior week. Deep dive of…

Tech stocks lead Friday's rally: ASX down 1.8% over the week

13 May 2022 - The ASX closed lower for a fourth week despite a rally on Friday’s session thanks to information tech. Tech’s gains were much needed after yesterday’s 8.7% dive as in…

Tech bulls roar after savage fall, Block, BHP, Telstra pop: ASX jumps 1.5% at noon

13 May 2022 - Australian shares are on track to close the week lower for its fourth week despite a risk on mode lifted by information tech. A much welcomed reprieve after yesterday…

Wall St mixed, Crypto rebounds - why? Westpac, Macquarie on watch: ASX to open flat

13 May 2022 - Wall St closed mixed in another volatile session, following hot inflation figures in April for both consumers and producers. Deep dive on the Crypto collapse, featuri…

$25 billion loss as war, inflation, rate hikes hit markets: Aus shares close 1.8 per cent lower

12 May 2022 - $25 billion loss as war, inflation, rate hikes hit markets. The S&P/ASX 200 fell 1.8 per cent to 6,941 points on Thursday, the lowest closing level since late January…

Worrying three-week spiral: Aus shares 0.7 per cent lower at noon

12 May 2022 - Wednesday’s reprieve appears to have been fleeting for ASX investors, with the local sharemarket resuming a worrying three-week spiral. The benchmark ASX 200 fell by …

Tech stocks bare brunt of inflationary selling: ASX to fall

12 May 2022 - US stocks fell across the board as investors assessed persistent inflation after the consumer price Index rose by an annual rate of 8.3 per cent. Some analysts see th…

Healthcare leads, NAB drops on ex-div: ASX fights back, closes 0.2% higher

11 May 2022 - After a volatile session, the Australian sharemarket made a comeback in the afternoon and closed in positive territory despite a rough start to the day and week. This…

Tech drags, GrainCorp falls despite profit jump, Magellan names new CEO: ASX down 0.2% at noon

11 May 2022 - The ASX opened lower before easing back some losses at lunchtime despite tech, financials and energy stocks still weighing on the index. This comes after Wall Street …

Nasdaq jumps as Dow falls, Immutep, Antisense, Pushpay, AGL, Star on watch: ASX poised to open lower

11 May 2022 - Wall St closed mixed lifted by information tech and M&A news in the biotech sector as dip buyers emerge ahead of the next CPI print. Shanghai stocks bucked the trend …

Weak demand & inflation fears rip through commodity markets: ASX closes 1% lower

10 May 2022 - Local resources stocks were savaged as traders closed out positions on concerns of rising trade war, monetary tightening, and high inflation. Underlying commodity pri…

Pendal pops on 1H profit beat: ASX falls for 3rd straight day, tumbling 1.3% at noon

10 May 2022 - Resources stocks are pulling the index lower for a third straight day as investors continue to sell out stocks on concerns around the impact of rising interest rates …

Inflation spooks Wall St, Oil & iron ore $ slide, Pendal, Lendlease, Ramsay on watch: ASX to dive

10 May 2022 - Global benchmarks continue to tumble with several cross currents weighing on investor's minds. After China's President on Friday recommitted to the zero-Covid19 strat…

Property, tech & materials weigh: ASX closes 1.2% lower

09 May 2022 - The ASX spent Monday's session in negative territory after a decline on Wall Street sent Aussie shares tumbling. The local bourse was weighed down by property, which …

Magellan puts Guzman up for $140m sale, Westpac earnings beat, BHP falls: ASX tumbles 1.3% at noon

09 May 2022 - Long duration stocks are off the table today while defensive plays like CSL (ASX:CSL), Telstra (ASX:TLS) and energy stocks like Woodside Petroleum (ASX:WPL) are bucki…

Wall St tumbles, Iron ore dives ahead of China data, Westpac, Medibank Private on watch: ASX to fall

09 May 2022 - Global sell-off extended on Friday despite a strong April jobs report. Japan’s Nikkei bucked the trend, rallying after coming back from a holiday. The US and its G7 a…

ASX suffers worst day in 2.5 months on recession fears, panic-selling causes 3.2% tumble over week

06 May 2022 - Australian shares had an ugly day as investors sold off on fears that the pace of the interest rate hiking cycle would send the economy into a recession. Investors le…

Recession fears intensify as RBA upgrades inflation outlook: ASX sinks 2.4% to 2-month low at noon

06 May 2022 - Australian shares dived to its lowest level since 17 March in a broad-based rout led by information tech as recession fears intensified. Only a handful of stocks are …

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