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Market Reports

Record trade surplus of $10.14 billion in January: ASX closes 0.8% lower

04 March 2021 - It's been a mixed day on the Australian share market. The market opened lower following weak leads from the US and managed a small recovery before closing 0.8% lowe…

Downer (ASX:DOW) awarded $245 million contract: ASX 0.7% lower at noon

04 March 2021 - The ASX opened lower following losses from Wall Street and is now tracking 0.7% lower at noon. Materials, Healthcare and Consumer Staples dragged on the market whil…

Tech stocks hammered, Atlassian drops over 6%: ASX poised to open lower

04 Mar 2021 - The ASX looks set to open lower as tech stocks in the US dropped as bond yields rose. The US listed shares of Atlassian fell almost 7 per cent. Shares in electric veh…

Stellar start for IPO EZZ Life Science (ASX:EZZ): ASX closed 0.8% higher

03 Mar 2021 - It has been a positive day of trade for the Australian share market. At the closing bell the S&P/ASX 200 index closed 56 points up or 0.8% higher to finish at 6,818. …

GDP has grown by 3.1% during the fourth quarter: ASX tracking 0.7% higher at noon

03 Mar 2021 - The ASX opened higher and is now tracking 0.7 per cent higher at noon. The S&P/ASX 200 index is 44 points up at 6,807. On the futures market the SPI is 52 points high…

Gold rises from an eight month low: ASX to open higher

03 Mar 2021 - Despite weak leads from US markets, the ASX looks set to open higher this morning. US stocks fell yesterday as technology stocks took a dip. Apple and Microsoft fell …

RBA leaves cash rate at a record low: ASX closed 0.4% lower

02 Mar 2021 - At the closing bell the S&P/ASX 200 index closed 27 points lower, or 0.4 per cent lower to finish at 6,762. Charter Hall Long WALE REIT (ASX:CLW) condition precedent …

Current account surplus increased to $14.5b: ASX tracking 0.4% higher at noon

02 Mar 2021 - The ASX opened higher. The S&P/ASX 200 index is 25 points up or 0.4% higher at 6,814. On the futures market the SPI is 26 points higher. The Flight Centre Travel Grou…

Apple shares rise on Buffet's comments: ASX to open higher

02 Mar 2021 - Following leads from US markets, the ASX looks set to open higher this morning – all three major US equity benchmarks rose. Major sovereign bonds rallied across the g…

Senex (ASX:SXY) sells Cooper Basin business to Beach Energy: ASX closed 1.7% higher

01 Mar 2021 - It has been a positive day of trade for the ASX. After opening in the black the local bourse managed to close 1.7% higher, that’s 116 points up, to finish at 6,790. A…

Profits fall as salaries rise in the December quarter: ASX tracking 1.5% higher at noon

01 Mar 2021 - The ASX opened higher, the S&P/ASX 200 index is 101 points up or 1.5 per cent higher at 6,775. On the futures market the SPI is 110 points higher. Shares in Growthpoi…

Auckland begins a week's lockdown after Covid-19 case detected: ASX poised to open higher

01 Mar 2021 - After Friday’s losses the ASX looks set to open higher this morning. Global bonds stabilised after US government bond yields hit their highest level in a year and cau…

Lynas (ASX:LYC) NPAT up over 900%: Aus market down 1.8% over week

26 Feb 2021 - Aussie shares dropped in early trade and tracked sideways for most of the afternoon to end 2.4 per cent lower. The Information Technology sector led the losses today,…

Tech sector down over 6% on rate fears: Aus shares 2.2% lower at noon

26 Feb 2021 - The Australian share market opened lower following negative leads from Wall Street. It fell in early trade and is tracking 2.2 per cent lower at noon. All of the sect…

US flash spike in treasury bonds drags equities down: Aus shares set to open lower

26 Feb 2021 - Aussie shares are poised to drop at the open following a retreat in US markets. Rising US bond yields seem to have spooked investors. The 10-year Treasury yield exper…

ZipCo's (ASX:Z1P) revenue rose 130% for H1 FY21: ASX closes 0.8% higher

25 Feb 2021 - It has been a positive day of trade, with the ASX hitting its highest point for the week. Nine out of the 11 sectors were higher with Materials rising 1.7%. Sandfire …

RBA resumes 3-year bond buying: ASX 1% higher at noon

25 Feb 2021 - The ASX is trading higher following positive leads from Wall Street and is now tracking 1% higher at noon. The S&P/ASX 200 index is 8 points up at 6,846. On the futur…

AUD hits a three year high against the USD: ASX poised to open higher

25 Feb 2021 - Following positive leads from US markets, the ASX looks set to open higher this morning. In his second day of testimony to Congress, US Federal Reserve Chairman Jerom…

Tech stocks drag the market down: ASX closed 0.9% lower

24 Feb 2021 - It has been a negative day of trade for the ASX. After opening in the red the local bourse failed to gain momentum. Tech stocks dragged on the market today - Appen (A…

Annual wage growth remains at 1.4%: ASX 0.4% lower at noon

24 Feb 2021 - The ASX opened lower following mixed leads from Wall Street and is now tracking 0.4% lower at noon, that’s 29 points down at 6,810. Bega Cheese (ASX:BGA) shares are u…

Powell says recovery is far from complete: ASX poised to open lower

24 Feb 2021 - Following mixed leads from US markets, the ASX looks set to open lower this morning. The US Federal Reserve chair Jerome Powell says recovery is ‘far from complete.’ …

Facebook news content block removed: ASX closes 0.9% higher

23 Feb 2021 - Social media giant Facebook has agreed to lift its ban on Australian news content. Rising commodity prices continued to be the stimulant for the energy and mining ral…

IT cancels out energy & mining gains: Aus shares steady at 6775

23 Feb 2021 - The ASX opened steady and zig-zagged throughout the morning. Mining and energy heavyweights have benefitted from rising commodity prices, while falls in IT, telcos an…

US stocks decline in fear of rising interest rates: ASX to open lower

23 Feb 2021 - The ASX200 is slated for a negative start, as US stocks declined on Monday in fear of rising interest rates and possible inflation. A new royal commission has been es…

Bank of Queensland (ASX:BOQ) to buy ME Bank for $1.3b: ASX closes 0.2% lower

22 Feb 2021 - It has been a rollercoaster day of trade for the Australian share market. At the closing bell the S&P/ASX 200 index closed 13 points lower, or 0.2 per cent lower to f…