Finance News Network

Market Reports

Miners push ASX higher while Asian stocks fall: Local bourse flat at noon

30 Dec 2021 - The ASX has been choppy throughout the morning as we look to close off 2nd last trading day of the year. Thin volumes have attributed to the movements which saw the l…

Wall St mixed on S&P 500 70th record close, M&As in lithium sector to gear up: ASX poised to rise

30 Dec 2021 - Mixed closed around the major indexes around the globe on thin volume. S&P 500 hits fresh record high, Dow continues winning streak for 6th day. M&As in the lithium s…

Santa rally lifts ASX to 4-mth peak closing 1.2% higher

29 Dec 2021 - The ASX climbed to a 4-month high and extended its gains for the 5th day led by a rise in every sector thanks to gains in miners and banks. Traders returned back from…

ASX up 1% at noon, Michael Hill soars 14% on jewellery snap up, 48 companies trade ex-div tomorrow

29 Dec 2021 - The ASX is off to an encouraging start after coming back from a Christmas break. The moves followed a choppy finish on Wall St with the Dow as the outperformer. The m…

Wall St mixed led by losses in tech, UBS rates Pexa as buy: ASX to rise

29 Dec 2021 - Wall St closes mixed after strong gains the day prior amid US CDC cuts isolation period from 10 days to 5 days. The ASX is ready to play catch up rally. UBS initiated…

Merry Christmas from FNN: ASX closes 0.4% higher

24 Dec 2021 - The ASX rewarded traders on Christmas Eve, riding the Santa sleigh for its fourth straight day with an across the board sector rise. The Santa rally was led by banks …

S&P 500 closes at record highs on Wall St rally, Link rated as Hold: ASX to rise

24 Dec 2021 - Wall St surges for 3rd day on a holiday shortened week amid fresh inflation data and rate hike expectations. Morgans rates Link Administration (ASX:LNK). ASX closes a…

NIB & Medibank unveils delay in premium hike: ASX surges for 3rd day closes 0.3% higher

23 Dec 2021 - The much hoped Santa rally is here with a three day gain by the local bourse with a shortened trading day tomorrow as Christmas is around the corner. The local bourse…

Bega falls on profit warning, Centuria snaps up 38 facilities, Magellan recoups: ASX up 0.2% at noon

23 Dec 2021 - The ASX lived up to the SPI futures rallying at the open, touching as high as 0.4 per cent following a two-day rally on Wall St. Volumes are on the lighter side as we…

Wall St rides sleigh for 2nd day, Pilbara Minerals rated as outperform: ASX to rise

23 Dec 2021 - Muted performance around the globe ahead of Christmas. US & UK GDP mixed. ASX ekes out gain for 2nd day as M&As dominate headlines, while buy-the-dip players rescued …

Tech lifts, Link jumps 15%, Charter Hall falls: ASX closes 0.1% higher

22 Dec 2021 - The ASX lifted in the last hour of trade and closed in positive territory after having spent most of today’s session in the red. At the closing bell, the S&P/ASX 200 …

Afterpay rebounds, Rio drops on lithium buy: ASX down 0.3% at noon

22 Dec 2021 - The ASX is trading in negative territory this morning after falling at Wednesday's open. Across the sectors, seven out of eleven are in the red. Real estate is weighi…

Wall St surges on easing Omicron woes, Rio rated as Outperform: ASX to rise

22 Dec 2021 - Global major indexes around the globe rally on easing Omicron concerns. Credit Suisse cuts equities weighting on Omicron & policy risks. Rio Tinto (ASX:RIO) rated as …

Health Care rallies, Pilbara sinks 9%: ASX closes 0.9% higher

21 Dec 2021 - The ASX rose further in the afternoon despite a surge in Covid-19 cases around the globe. Across the sectors, 10 out of 11 closed in the green. Health care was the do…

RBA says Omicron won't derail the recovery, Magellan rebounds: ASX up 0.2% at noon

21 Dec 2021 - The Australian sharemarket is lifting higher this morning despite a surge in Covid-19 cases around the globe. Across the sectors, 6 out of 11 are moving higher. Healt…

Wall St sell-off triggered by Omicron, Nine inks $650m deal, BHP is bullish: ASX to open flat

21 Dec 2021 - Global major indexes slumped as Omicron concerns heightened. Senator Joe Manchin dealt a blow to President Biden’s Build Back Better plan leading to Goldman Sachs low…

Health Care lifts, Cimic drops 13.4%, Magellan falls further: ASX closes 0.2% lower

20 Dec 2021 - The ASX finished in negative territory despite lifting slightly higher in the afternoon session. At the closing bell, the S&P/ASX 200 was 0.2% or 12 points lower at 7…

Energy weighs, Magellan tumbles 28%, St Barbara falls: ASX down 0.4% at noon

20 Dec 2021 - The ASX opened lower with Magellan Financial (ASX:MFG) and energy stocks leading the losses. At noon, the S&P/ASX 200 is 0.4% or 27.2 points lower at 7276.8. The SPI …

Wall St falls, Tesla sued over Musk tweets, Iron ore nears US$120, MGF to resume trade: ASX to fall

20 Dec 2021 - Global markets declined as investors digested moves from central banks last week amid persistent Omicron concerns. Tesla sued over Musk tweets. UBS rates Allkem, form…

ASX up 0.1%, Banks & Miners lift, Tech tumbles: ASX down 0.7% over the week

17 Dec 2021 - The ASX edged lower in the afternoon session as tech stocks weighed on the market. On a positive note, the ASX managed to finish in positive territory thanks gains in…

ASX gains, Afterpay & Zip plummet, Sonic falls on US purchase: ASX up 0.5% at noon

17 Dec 2021 - The ASX opened higher this morning thanks to gains in the mining, energy and banking sectors. At noon, the S&P/ASX 200 is 0.5% or 38.8 points higher at 7334.5. The SP…

Wall St falls on tech rout again, Corporate Travel to resume trade & Macquarie's view: ASX to lift

17 Dec 2021 - Wall St falls on tech rout in the wake of the Fed decision. CDC panel supports Pfizer, Moderna over J&J vaccine. European markets mixed on ECB and BoE outcome. Corpor…

QE could wind up in February: ASX closes 0.4% lower

16 Dec 2021 - The Australian sharemarket fell for its third day in a row despite a positive lead from Wall St and stronger than expected jobs numbers for November. Market participa…

Jobless rate falls to 4.6%, RBA to end QE: ASX down 0.1% at noon

16 Dec 2021 - The ASX was slated to have a firmer start after the Federal Reserve took a hawkish pivot to combat the surge in record high inflation. Wall St roared after market par…

Wall St roars in relief rally, Tech shares jump, CSL's rating gets upgraded: ASX to rise

16 Dec 2021 - Wall St roars after a red start led by technology stocks after the Fed unveiled the speed up of its taper plans. European markets mixed ahead of the ECB and BoE meeti…

Prior Page Next Page