Finance News Network

Market Reports

Miners and ZipCo leads, Why Wisetech's rating got a cut: ASX trading 0.4% higher at noon

08 Jul 2021 - The Australian sharemarket has continued to rise tracking 0.4% or 28 points higher at 7,355 at noon following Wall St’s advance. The SPI futures are pointing to a ris…

Tech powers up as Fed Reserve releases minutes: Sydney Airport's rating got a boost: ASX to rise

08 Jul 2021 - I cover Wall St's rise following the US Fed Reserve releasing June minutes which indicates a debate on when to taper their support. Bond yields tumbled and why it cou…

Technology powers ASX, Energy falls as oil price drops: Aus shares closes 0.9% higher

07 July 2021 - The Australian share market continued in positive territory this afternoon, closing 0.9 per cent or 65.10 points higher at 7,327.

Tech leads, Energy sags: ASX up 0.6% at noon

07 July 2021 - The Australian sharemarket has been in positive territory this morning, trading 0.6 per cent or 42.80 points higher at 7304.60.

Wall St rally takes a breather, Why Oil Search is a buy: ASX to edge lower

07 Jul 2021 - In this report, I cover Wall St's mixed performance, why Energy got a hit after OPEC's feud. UK fiscal's watchdog barks as FTSE fell, wrap-up of the local bourse foll…

Energy leads, RBA trims bond buying: ASX closes 0.7% lower

06 July 2021 - The Australian sharemarket dropped into negative territory this afternoon, closing 0.7% or 53.2 points lower at 7,262.

Westpac to sell NZ life business for $373m: ASX up 0.2% at noon

06 July 2021 - The Australian sharemarket has been in positive territory this morning, trading 0.16 per cent or 11.90 points higher at 7326.90.

European manufacturing soars to 15-year high, Why Monadelphous is bullish: ASX to rise

06 Jul 2021 - In this report, I cover European markets as Wall St is closed due to Independence Day. There is no data on the major US indexes as government bonds due to this. Stock…

Tabcorp drops 4% on demerger news: ASX closed 0.1% higher

05 July 2021 - The Australian share market closed flat at 0.09% or 6.40 points higher at 7,315. Industrials was the best-performing sector jumped 4.9% while Information Technology …

Sydney Airport soars 30%, A2 Milk up 4.1%: ASX tracking 0.2% higher at noon

05 July 2021 - The Australian sharemarket has started the week on a positive note following a strong lead from Wall St trading 0.2 per cent or 10.9 points higher at 7,320 at noon.

S&P 500 sets fresh high on jobs report, Credit Suisse cuts Netwealth rating: ASX to open flat

05 Jul 2021 - In this report, I cover Wall St's advance on Friday on the back of a mixed job's report for June ahead of Independence Day. A weekly wrap of the local bourse, why Cre…

Westpac uncovers potential fraud: ASX closed flat over the week

02 July 2021 - The ASX maintained momentum after midday to close 0.6% or 43 points higher at 7,309, bouncing back from yesterday’s dip to the start of the new financial year.

Energy rallies as Tech drags, IDP Education jumps 17%: ASX trading 0.3% higher at noon

02 July 2021 - The Australian share market has been in positive territory this morning, trading 0.26 per cent higher or 19.1 points at 7284.70 at noon. The SPI futures are pointing…

S&P 500 hits a record high, Energy leads: Why Reece is a sell: ASX to open higher

02 Jul 2021 - I cover Wall St's performance as they continued their momentum to start the 2nd half of the year. Jobless claims dropped ahead of labour figures. Oil prices boost mar…

ASX dips two-week low, Pexa up 0.1% on debut, gold shines: ASX closed 0.7% lower

01 Jul 2021 - The Australian sharemarket started the new financial year in negative territory with the S&P/ASX 200 down 0.7% or 47.4 points lower at 7,266, its lowest close in two …

Lendlease sinks 3% on FY21 profit downgrade, Why Telstra is a buy: ASX trading 0.4% lower at noon

01 Jul 2021 - The ASX has sunk in morning trade and remained in the red trading 0.4% lower or 27.6 points at 7,285. The SPI futures are pointing to a fall of 25 points. A rather bi…

Wall St mixed as microchips shine, Why a kick-down in Collins Foods' rating: ASX to fall

01 Jul 2021 - In this report, I cover Wall St's mixed performance as US shares closed off the first half of 2021. Microchips take the spotlight in recent times and why. A wrap-up o…

ASX closes 0.16% higher despite downward pressure from Utilities

30 June 2021 - The Australian share market was in positive territory all day. Communication Services stayed best-performing sector.

Communications as best performer: ASX 0.58% higher at noon

30 June 2021 - The Australian share market has been in positive territory this morning, bouncing back from yesterday’s lows.

S&P 500, Nasdaq ticks up on tech rally, Why Metcash is a buy: ASX to rise

30 Jun 2021 - In this report, I cover Wall St's performance on the back of two pieces of economic data. Semiconductor stocks helped the Technology rally. A wrap-up of yesterday's s…

Still in the red: Aus shares close 0.08 per cent lower

29 June 2021 - The Australian share market partially recovered from some of its early losses but still finished lower, closing just over the 7300 mark.

Aus shares down 0.85%

29 June 2021 - The Australian share market has dropped lower than expected this morning.

Tech gains boost Nasdaq, S&P to new highs, Why Kogan is a buy: ASX to edge lower

29 Jun 2021 - In this report, I cover Wall St's mixed performance as investors rotate out of value stocks to growth names. A wrap up of yesterday's performance on the local bourse.…

Aus shares close 0.01 per cent lower

28 June 2021 - The ASX 200 has stayed in negative territory in the afternoon session. Consumer Staples and Health Care led the charge throughout the day.

Aus shares trading 0.11 per cent lower at noon

28 Jun 2021 - The Australian share market has started the week off in the red.

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