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Commodity-based stocks fire ASX up to record high: Aus shares trading 1.2% higher at noon

28 May 2021 - The Australian sharemarket shot up at the open, as blue-chip companies received a positive handover from Wall Street. The ASX200 gained ground in unknown territory to…

Upbeat Chinese & US data stimulate investor appetite: Aus shares to open higher

28 May 2021 - The Australian sharemarket is poised to advance at the open, stimulated by strong leads from the US and China driven by upbeat data and soaring base metals prices.

Miners prop up market, VIC to enter 7-day lockdown: ASX closes flat

27 May 2021 - The ASX stayed mostly in positive territory, but dipped on news of Victoria’s 7-day lockdown, finishing flat. At the closing bell, the S&P/ASX 200 was 0.03% or 2.4 po…

Victoria enters 7-day snap lockdown, Costa Group tumbles 20%: ASX tracking flat at noon

27 May 2021 - The ASX had a firm start to trade though gave back gains just before lunch thanks to Materials, Information Technology and Energy sectors upon news in Victoria. The o…

US stocks creeps up as inflation worries subdue: ASX to edge higher

27 May 2021 - The ASX is set to edge higher following Wall St’s advance. All three indexes closed in positive territory as investors come to grips with the Federal Reserve’s inflat…

ASX inverts morning upturn: Aus shares close 0.3% lower

26 May 2021 - The Australian sharemarket inverted the morning session’s movement to conclude a tumultuous trading day on a low note, breaking a four-day streak of gains. Losses in …

Gold miners, tech firms & banks lift ASX out of red zone: Aus shares tracking 0.1% higher at noon

26 May 2021 - The Australian sharemarket was subdued at the open, following lacklustre leads from the US and weighed down by iron ore players. However, the ASX200 gradually picked …

Wall St loses momentum, gold climbs near 4-month high: ASX to fall

26 May 2021 - The ASX is set to fall following Wall St closing in the red as all three indexes reversed their gains. Morgan Stanley rates Synlait Milk (ASX:SM1) as a hold with a pr…

Four-day rally lifts ASX to 2-week high: Aus shares close 1% higher

24 May 2021 - The Australian sharemarket maintained its momentum from morning gains and established its foothold in the 7100s region in late trade. The ASX200 extended its rally to…

Tech stocks sail ahead on US tailwind: Aus shares trading 0.6% higher at noon

25 May 2021 - The Australian sharemarket soared in opening trade, buoyed by a strong stateside rally overnight. Financials, Materials and IT were energising the broader market, as …

Wall St jumps as tech twinkles: ASX to rise

25 May 2021 - The ASX is to rise following Wall St’s rally with all three indexes closed in the black. Stock of the week is biotech CSL (ASX:CSL) with technical charting at 4.33 mi…

Second rollercoaster ride wraps up 3-day advance: Aus shares close 0.2% higher

24 May 2021 - The Australian sharemarket continued Friday’s volatile trend and seesawed throughout the Monday trading session wrap up the third consecutive close in the positive zo…

Healthcare and materials play tug of war: Aus shares tracking 0.1% higher at noon

24 May 2021 - The ASX 200 opened on a weak note and promptly bounced back, as the Australian benchmark fluctuated between the green and red zones throughout the morning. The sessio…

Wall St closes mix on tech, iron ore suffers as oil jumps: ASX to dip

24 May 2021 - The ASX is to dip following Wall St’s volatile week of trade. The Dow Jones was the only index against its peers to close in the black on Friday as inflation fears li…

Roller-coaster trading session ends in green: Aus shares close 0.2% higher

21 May 2021 - The Australian sharemarket fluctuated throughout the afternoon session and ascended back into the buy zone to wrap up the roller-coaster trading day on a positive not…

Mining losses erase earlier gains: Aus shares trading 0.3% lower at noon

21 May 2021 - The ASX200 advanced in opening trade but lost momentum and had a backflip into the red zone just before lunchtime. Losses in Materials clawed back earlier gains, as B…

Israel & Hamas agree to ceasefire: Aus shares to open higher

21 May 2021 - The Australian sharemarket is set to rise at the open, in the wake of strong claw-backs on Wall Street amidst optimistic global sentiment. All US benchmarks closed in…

Tech leads, gold shines as oil falls: ASX closes 1.2% higher

20 May 2021 - The ASX rallied throughout the session to close in the black. The index’s rebound from its heavy plummet yesterday clawed back most of its losses to climb above 7,000…

Jobless rate falls to 5.5%: ASX tracking 0.9% higher at noon

20 May 2021 - The ASX opened higher with a broad-based advance led by Information Technology and Property sectors making a U-turn from yesterday’s decline while bucking the trend a…

Wall St falls in wild session: ASX to edge higher

20 May 2021 - The ASX is to edge higher following Wall St closing its third straight session in the red. The market downturn was triggered on the back of China’s regulators crackdo…

Iran nuclear deal & resurfacing inflation fears spook investors: Aus shares close 1.9% lower

19 May 2021 - The Australian sharemarket maintained its downward tendency in the afternoon session, as inflation speculation and lackluster consumer sentiment data scared off stock…

Federal Budget underwhelms consumers: ASX tracking 1.8% lower at noon

19 May 2021 - The Australian sharemarket fell out of the 7000s zone in early trade and snapped its three-day streak of gains. The broader sell-off wiped as much a $41 billion from …

Wall St slides, US housing starts drops: ASX to fall

19 May 2021 - The ASX is to drop following Wall St closing in the red as technology shares reversed their gains and energy stocks ran out of fuel as oil prices fell. Morgan Stanley…

Commodities power third straight session in the black: ASX closes 0.6% higher

18 May 2021 - Soaring commodity prices continued to take centre stage on the ASX200 throughout the day, steering the benchmark index in positive territory to close on a high note. …

Commodities divert attention from inflation fears: ASX tracking 0.6% higher at noon

18 May 2021 - The Australian sharemarket pushed forward in opening trade, extending yesterday’s advance and ignoring Wall Street’s pessimistic hand-over driven by inflation anxiety…

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