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Market Reports

ASX tumbles, Miners & energy weigh: Aus shares down 3% over the week

21 Jan 2022 - The ASX plunged over 2% in the afternoon session, heavily weighed down by materials and energy stocks. Friday’s session saw all sectors close in negative territory wi…

Heavy rain falls on Whitehaven, Legal fees haunt Nuix: ASX tumbles 1.7% at noon

21 Jan 2022 - The ASX is swimming deep in the red heavily weighed down by materials and energy stocks. All sectors are lower, with consumer staples shedding the least.

Tech rout underpins sell-the-rally mode ahead of Fed meet, Digital currency report airs: ASX to fall

21 Jan 2022 - Tech led declines ahead of the Fed meeting next week after late sell-off on Wall Street. US Central bank unveils its digital currency report. China cuts interest rate…

Gold sparkles the ASX as jobless rate hits 13-year lows: Local bourse closes 0.1% higher

20 Jan 2022 - Gold miners won the hearts of Aussie investors today outperforming in a session fronted with the nation’s December employment figures. The figures arrived on a backdr…

Jobless rate hits 4.2%, AUD firms up, Block debuts: ASX down 0.2% at noon

20 Jan 2022 - Aussie stocks have extended losses for its 3rd straight day, trading at 1-month lows led by declines in financial and tech majors. The losses are offsetting a rally i…

Nasdaq hits correction territory as Wall St falls, Debut today by new kid on the Block: ASX to lift

20 Jan 2022 - Wall St erased its early gains closing at session lows as strong earnings failed to boost optimism. Nasdaq entered correction territory from its November 2021 high. T…

Tech drag continues, Healthcare & banks weigh: ASX closes 1% lower

19 Jan 2022 - The ASX fell for a second day after spending all of today’s session in the red. Technology dragged the index lower, along with the financials and healthcare sectors w…

Tech tumbles, Megaport drops 13%, Energy soars: ASX down 0.9% at noon

19 Jan 2022 - The ASX is on track to close lower with energy soaring while technology tumbles, following a negative lead from Wall St. Financial and healthcare sectors are weighing…

Tech rout ignites Wall St's tumble on treasury take-down: ASX to fall

19 Jan 2022 - Wall St tumbles on rate hike jitters led by technology shares as investors digested disappointing fourth quarter results deepening nervous sentiment. Energy rallied t…

Healthcare drops amid Covid-19 surge, PointsBet falls: ASX closes 0.1% lower

18 Jan 2022 - The ASX fell in the afternoon session after spending most of the day in the green. Most sectors weakened with healthcare leading the fall, while materials touched 0.6…

JB Hi-Fi jumps 7%, Redbubble tumbles: ASX up 0.3% at noon

18 Jan 2022 - The Aussie sharemarket is in positive territory despite a choppy morning, supported by a rise in the technology and material sectors. The communication services and c…

European stocks rise amid China's GDP slowdown, ADBRI rated as bullish: ASX to rise

18 Jan 2022 - European shares rose but Asian markets mixed after China released better-than-expected GDP figures for the December quarter. Wall St closed in observance for Martin L…

Pendal soars 8%, Consumer Discretionary rises: ASX closes 0.3% higher

17 Jan 2022 - The ASX stayed in positive territory in the afternoon session after a choppy morning, thanks to a rise in the consumer discretionary and energy sectors while miners w…

ASX flat on choppy moves, Energy rises again, Omicron wave hits Wesfarmers at noon

17 Jan 2022 - Choppy moves underpinned this morning's performance as energy and consumer discretionary stocks offset weakness in property, materials, and communication services as …

Tech rally reignites as banks lead Dow's fall, Oil bull run continues: ASX to rise

17 Jan 2022 - Wall St closes mixed as earnings season kicks-off after a mouthful of fresh economic data and earnings from bank behemoths. European & Asian markets fell tracking los…

ASX falls as tech drags, Pendal dives 15%: ASX down 0.8% over the week

14 Jan 2022 - The ASX continued its losses in the afternoon session as the technology sector weighed, ending the week 0.8 per cent lower. Friday’s session saw a fall in all sectors…

Tech tumbles on Afterpay drag, Energy weighs, City Chic dresses up 11%: ASX falls 0.9% at noon

14 Jan 2022 - The ASX has opened lower, dragged down by the technology and energy sectors with only utilities and communication services a touch higher, following Wall St's lead wi…

Tech rout resumes on Wall St tumble, Qantas cuts flight capacity: ASX to fall

14 Jan 2022 - Nasdaq snaps three-day winning streak as tech tumble as inflation data raises prospects of accelerated interest rate hikes. European & Asian mixed climbing Covid wall…

Resources rally lifts ASX to close 0.5% higher

13 Jan 2022 - The ASX rose for a 2nd day wiping out the losses from this week, as resources stocks rallied supported by stronger commodity prices. The strong lead from Wall St foll…

Commodities rally again, Crown soars on sweetened bid: ASX up 0.5% at noon

13 Jan 2022 - Extending its rally are resources stocks supported by a boost in commodity prices to lift the Australian sharemarket higher this morning. This followed the lead up to…

Nasdaq gains for 3rd day on red-hot inflation, Commodity prices rally: ASX to open flat

13 Jan 2022 - Wall St firms up as the Nasdaq rallies for a 3rd day. US’ inflation print rises while China’s eases. European & Asian markets closed higher after Fed Chair testimony.…

ASX climbs, Tech & energy stocks rally: Aus shares close 0.7% higher

12 Jan 2022 - The Australian sharemarket snapped its two-day losing streak and finished in positive territory thanks to a strong session from technology and energy stocks, while go…

Afterpay jumps off the Block on tech surge, Fortescue's rating gets downgraded: ASX up 0.8% at noon

12 Jan 2022 - The Aussie market jumped at the open, swimming in positive territory as technology stocks rallied. The rebound is helped by shares from gold players, energy, and comm…

Commodities rally as tech climb bolsters Wall St's gains: ASX to rise

12 Jan 2022 - Dip buyers bolsters the Nasdaq on the tech recovery. Fed Chair Jerome Powell testified before the Senate Banking Committee in a renomination hearing & pledged to curb…

Materials firm as ASX falls for second day, closing 0.8% lower

11 Jan 2022 - The Australian sharemarket carried its losses through the afternoon session as consumer staples and banks continued to weigh, while the technology sector failed to ho…