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Market Reports

Markets take a dip on last day of trade for 2018: ASX closes 0.1% lower

31 Dec 2018 - It was a fairly positive day of trade for the ASX until it closed lower as the market took an early mark for New Year's Eve. The market has felt the pressure for the …

Markets open to a shortened week: ASX poised to open higher

13 Dec 2018 - The ASX is set to open higher. Last week US stocks ran a volatile market with the worst pre-Christmas day on record. Stocks did see the biggest one-day surge in almos…

Christmas holiday week ends on the up: ASX closes 1.02% higher

28 Dec 2018 - It has been a positive day of trade for the Australian share market as the market closed in positive territory. Most of this week's gains came on Thursday. The big fo…

Four big banks on the rise: ASX 0.6% lower at noon

28 Dec 2018 - The ASX opened lower after a sharp rally from Wall Street and is now tracking 0.6% higher at noon. Vicinity Centres (ASX:VCX) took a dip taking a hand in dragging th…

Wild rally before close on Wall St: ASX poised to open flat

28 Dec 2018 - The ASX is poised to open flat this morning as volatility returned to Wall Street. US consumer confidence slumped in December to the lowest since July. Treasuries ros…

Boxing day buys, all sectors buoyed on Wall St record: ASX closes 1.9% higher

27 Dec 2018 - Market Wrap. ASX gains momentum following Wall Street's record rally. Woodside (ASX:WPL) takes major step toward creating a regional LNG production centre in northern…

ASX post Christmas rush: Aus shares 1% higher at noon

27 Dec 2018 - Mid session report. Oil gains 10%. Bellamy's Australia (ASX:BAL) shares bounce 5% higher. Afterpay Touch Group (ASX:APT) shares rally up 5% on boxing day sales. MMJ …

Wall St rebounds overnight: ASX set to open higher

27 Dec 2018 - The ASX is set to open higher this morning – riding the wave of Wall St's overnight surge. All three benchmarks advanced by at least 5 per cent. Rallies in retail and…

Santa's gift - cheaper petrol: ASX closes 0.5% higher

24 Dec 2018 - It has been a positive day of trade for the ASX. After opening in the red the local bourse managed to gain momentum. The price of Brent crude oil dropped below $US60 …

Nasdaq falls into a bear market: ASX set to open lower

24 Dec 2018 - The ASX is set to open lower this morning after Wall Street stocks fell sharply yesterday in volatile trading. The Nasdaq is in a bear market, as concerns of slowing …

ASX dives deeper into red on hail damage: Aus shares close 0.7% lower

21 Dec 2018 - Market Wrap ahead of Xmas. ASX hits new 2-yr lows. IAG (ASX:IAG) and Suncorp (ASX:SUN) end 4% lower on hail storm claims. Resolute Mining (ASX:RSG) hedges its gold bo…

Healthscope T/O nears, ASX new 2-yr lows: ASX loses 0.5% at noon

21 Dec 2018 - Mid session report. Brookfield willing & able to proceed with Healthscope (ASX:HSO) takeover for $4.49b. OneVue (ASX:OVH) completes purchase of KPMG’s Super Member b…

US crude takes a tumble: ASX set to open lower

21 Dec 2018 - A global sell off sees the ASX set to open lower this morning. Wall St was particularly volatile yesterday as the Fed sent shock waves across assets. The Dow swung th…

Santa brings new 2-year lows to ASX: Aus shares close 1.3% lower

20 Feb 2018 - Market Wrap. Unemployment rate rises to 5.1% vs hold at 5% expected. Orocobre (ASX:ORE) shares lose 14% on sales falling 8%. MYOB Group (ASX:MYO) slips 14% on KKR's $…

Volatile ASX Thursday, property bounce: Aus shares 0.1% higher

20 Dec 2018 - Mid-ASX session report. KKR shaves $2m off MYOB Group (ASX:MYO) takeover offer. Growthpoint Properties Australia (ASX:GOZ) and Propertylink Group (ASX:PLG) declare di…

New York reverses gains: ASX set to open lower

20 Dec 2018 - The ASX is set to open lower this morning, dragged down by Wall St after shares in New York reversed gains of more than 1 per cent yesterday. The Federal Reserve lift…

Not enough steam: Aus shares close 0.2% lower

19 Dec 2018 - Market Wrap. ASX claws back some of the day's losses, with US futures eyeing a lift this evening. Qantas shares soar 5% and 12% YOY. Inghams Group (ASX:ING) shares sl…

Santa sleigh leads ASX lower: Aus shares 0.2% lower at noon

19 Dec 2018 - Mid-session report. ASX continues to slide on oil slipping further amid less oil demand. Inghams Group's (ASX:ING) Joel Thickins to retire, its shares trade 26% highe…

Volatile session on Wall Street: Aus shares to open flat

19 Dec 2018 - Aus shares are set for a lacklustre start after Wall Street pared early gains as the oil price plunged on Tuesday. Nervous investors are also awaiting the Federal Res…

Weaker than expected China oil demand: Aus shares close 1.2% lower

18 Dec 2018 - Market Wrap. IPO Exopharm (ASX:EX1) shares up 155%. Northern Star Resources (ASX:NST) shares up 38% YOY & completes Echo Resources (ASX:EAR) placement. Fletcher Build…

Eco slow down concerns: Aus shares slip 1.2% lower at noon

18 Dec 2018 - Mid-session report. ASX trades at two-year lows, & 12% off our 10-year high. China oil demand slips, dragging energy stocks lower. Fonterra Shareholders' Fund (ASX:FS…

Wall Street slump continues: Aus shares set for sharp falls at open

18 Dec 2018 - Australian shares are set to drop sharply at the open after US shares fell again on Monday. Wall Street's three major indices each slid more than 2 per cent. Fletcher…

Materials help lift the market: ASX closes 1% higher

17 Dec 2018 - It has been a positive day of trade for the ASX with a close 1% higher. There was an afternoon swing boosted by the Commonwealth Bank (ASX:CBA) which saw a rise after…

Utilities lead the way: ASX flat at noon

17 Dec 2018 - The ASX opened lower this morning after a cautious start to the week and is now tracking 0.03 per cent lower at noon. Federal Government released a mid-year review ea…

Wall Street hits 8-month low: Aus shares to drop at open

17 Dec 2018 - Australian shares are set to drop at the open after Wall Street fell to an eight-month low on Friday. The falls came on the back of weaker than expected economic data…

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