Finance News Network

Market Reports

Rates to hold for 25th time: ASX slips 0.5% at noon, back to June levels

02 Oct 2018 - Market at Midday. ASX200 wipes out 3 months of gains and takes the market back to June levels. Rates to hold for 25th time. Most sectors lower. Mesoblast down 9.4% de…

Canada to join trade deal, Wall Street mostly higher: Aus shares to open higher

02 Oct 2018 - Aus shares set for positive start following mixed leads from Wall Street. Investors cheered the news of Canada joining a trade deal with the US and Mexico. Hancock Pr…

Healthcare sector stays in the green: ASX closes 0.6% lower

01 Oct 2018 - It's been a quiet day on the markets with the ASX closing lower. New Zealand software company Xero did well today, Nufarm shares were down. The Canadian dollar and Me…

Volumes down due to Labour Day: ASX 0.6% lower at noon

01 Oct 2018 - The ASX dropped at the open and is now 0.6 per cent lower at noon. Thousands of traders are away from their desks due to Labour Day for some states, keeping volumes l…

Wall Street posts flat finish: Aus shares to open lower

01 Oct 2018 - Aus shares look set to open lower this morning after US stocks ended virtually unchanged on Friday. Westpac (ASX:WBC) CEO Brian Hartzer has apologised to customers af…

Energy up most in Sep: Aus shares close 0.4% higher, 3 week high

28 Sep 2018 - Market Wrap. 3-wk high. Financials up most today 1.2% despite 'shame for Australia’s banks.' Sep Wrap, Energy up the most 3.6%, Telcos up 2.1%, Healthcare down 7.5%. …

3-week high: Aus shares 0.5% higher at noon

28 Sep 2018 - Market at Midday. 3-week high with most sectors trading higher despite waiting for banking Royal Commission's interim report. Westpac Bank (ASX:WBC) downgraded by thr…

FAANG stocks bolster market: ASX to open higher

28 Sep 2018 - A tech rally on Wall St has bolstered Australian shares and we are set to see the ASX open higher this morning. FAANG stocks are doing well. After the Fed raised inte…

Lower and further away from 10-yr high: Aus shares close 0.2% lower

27 Sep 2018 - Market Wrap. ASX200 closes 11pts lower. Telcos up the most, extending run from July. Job vacancies ease. Propertylink Group (ASX:PLG) wants independent valuations ami…

Flat September: Aus shares 0.1% lower at noon

27 Sep 2018 - Market at Midday. Australian job vacancies up but ease from prior Qtr. ASX continues to track sideways in Sep. Beach Energy (ASX:BPT) rallies on plans to rise product…

RBNZ key rates remain at 1.75%: ASX to open lower this morning

27 Sep 2018 - The ASX is expected to open lower this morning after US stocks fell and Treasuries rose when the Federal Reserve signaled it’ll keep raising interest rates. RBNZ held…

Banks drag ahead of Royal Commission: ASX closed 0.1% higher

26 Sep 2018 - The ASX closed a little higher this afternoon. Energy and Materials continued to perform well as banks dragged ahead of the royal commission's interim report. And Auc…

Energy on the rise: The ASX 0.1% higher at noon

26 Sep 2018 - The ASX opened higher with materials and energy on the rise. Oil prices lifted overnight. Utilities are leading the pack meanwhile Healthcare is still dragging. AGL (…

Wall Street erases gains: Aus shares to open slightly higher

26 Sep 2018 - Aus shares to open slightly higher following mixed results in the US. US stocks erased gains after Donald Trump reiterated his tough stance on tariffs in a speech to …

Banks drag on market after release of ASIC report: The ASX closed flat

25 Sep 2018 - The ASX closed flat today with the big banks dragging on the market after an ASIC report released today. Air travel companies have seen a dip today. Abacus Property G…

Energy up, banks and air travel down: ASX 0.3% lower at noon

25 Sep 2018 - The ASX dropped at the open and is now edging towards green territory. The oil price has risen and the energy sector is leading the way. Seven Group Holdings (ASX:SVW…

Wall Street mostly lower: Aus shares set for lacklustre start

25 Sep 2018 - Aus shares to fall extending yesterday's losses. US stocks under pressure amid trade tensions. Oil price surged to 4 year high. Whitehaven Coal (ASX:WHC) has announce…

Lynas shares plunge on Malaysian review threat: The ASX closed 0.1 per cent lower

24 Sep 2018 - The ASX has closed slightly lower today with Lynas Corp (ASX:LYC) and Sims metals (ASX:SGM) seeing a drop. The Healthcare index was the worst performer. Real estate w…

Energy sector on the rise: ASX 0.1 per cent lower at noon

24 Sep 2018 - The ASX opened lower and continues to struggle. CSL (ASX:CSL) has dragged the market. Energy was up - BHP (ASX:BHP) climbing higher. Tatts Group (ASX:TTS), subsidiary…

Wall Street mixed: Aus shares to open lower

24 Sep 2018 - Aus shares to open lower erasing Friday's gains. US Federal Reserve expected to raise interest rates on Wednesday. RCR Tomlinson (ASX:RCR) has announced the successf…

Two IPOs, ASX closes at 2-wk high: Aus shares close 0.41% higher

21 Sep 2018 - Market Wrap. ASX200 closes at two-week high. Orocobre continues its rally on drilling results. Propertylink Group up 9.5% on $1.15 takeover offer, its majority owner …

Takeover talks prop up ASX: Aus shares 0.6% higher at noon

21 Sep 2018 - Market at Midday. Propertylink Group (ASX:PLG) up 8.6% on receiving takeover offer, Centuria Capital Group (ASX:CNI) its majority stakeholder is up 4.6%. Garda Diver…

Dow advances: ASX set to open higher

21 Sep 2018 - The ASX is set to rebound which is what has happened globally amid the ease of the reports of china tariffs. Tech stocks led all three major US indices. Propertylink …

Back track on sentiment: Aus shares close 0.33% lower

20 Sep 2018 - Market Wrap. ASX back-tracks as Brickworks and Washington H. Soul Pattinson results weigh. Medical cannabis stocks and lithium stocks rally. Northern Star Resources e…

RBA bulletin weighs: Aus shares 0.3% lower at noon

20 Sep 2018 - Market at Midday. RBA bulletin highlights the Consumer Discretionary sector risks. Goodman Group classed as buy by Citi (price target $11.90). Brickworks profit falls…

Prior Page Next Page