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Market Reports

ASX slides 0.3%: concerns loom over steel demand in China

04 Jun 2024 - On Tuesday, the Australian Securities Exchange (ASX) witnessed a downturn, predominantly influenced by a notable sell-off in mining and energy sectors, triggered by w…

ASX down 0.2% near noon: Healthcare is best performing sector

04 Jun 2024 - Aus shares began the session with minimal change, leveling off shortly after the market opened. This stagnation was attributed to a decline in commodity prices, which…

Soft US manufacturing data raises activity concerns

04 Jun 2024 - Cyclical stocks and those leveraged to manufacturing activity came under pressure during the trading session following the release of soft manufacturing numbers which…

ASX closes 0.77% higher: Aus shares on rate cut speculation

03 Jun 2024 - The Australian share market began June with strong gains, following a positive trend in US stocks driven by subdued inflation data, prompting confidence in potential …

ASX rises 0.82% at near noon as it recovers from recent sell-offs

03 Jun 2024 - The Australian sharemarket has risen in June, continuing its recovery from recent sell-offs, with a 0.82 per cent rise at 11:30am following modest gains on Wall Stree…

US markets jump higher as inflation fears ease

03 Jun 2024 - The Dow Jones jumped as investors breathed a sigh of relief as key inflation readings released on Friday came in mostly as expected with no negative surprises.

ASX up 0.49% at near noon following three-day sell-off

31 May 2024 - At 11:30am, the S&P/ASX 200 is 0.49 per cent higher at 7,665.70, following a three-day sell-off, driven by broad buying spurred by slightly elevated April inflation d…

US markets overshadowed by Salesforce & Nvidia falls

31 May 2024 - US markets were overshadowed on Thursday by softer than expected results from Salesforce and a pull back in the Nvidia share price as the rally finally ran out of ste…

ASX closes 0.5% lower: Dip extends the markets reach to three-week low

30 May 2024 - The Australian stock market sustained its downward trajectory for the third consecutive session, witnessing a 0.5% decline as reflected by the S&P/ASX 200 index closi…

ASX down 0.57% near noon: Best-performing sector is Industrials

30 May 2024 - Australian shares have declined, mirroring the weakness in New York amidst diminishing risk appetite due to concerns surrounding the trajectory of interest rates, wit…

Rising treasury yields weigh heavily on US markets

30 May 2024 - Another solid performance from AI darling Nvidia was not enough as stocks were broadly lower on Wednesday with Treasury yields continuing to edge higher on the return…

ASX drops 1.3%: Inflation unexpectedly rises in April

29 May 2024 - Australian shares slumped to a three-week low as the pace of inflation unexpectedly rose in April, diminishing investor expectations for an interest rate cut by the R…

ASX down 0.94% near noon: All sectors in the red

29 May 2024 - Australian shares fell to a three-week low, reflecting weakness in New York, as investors awaited local inflation data for clues on interest rates.

Nvidia surge pushes Nasdaq to new record close

29 May 2024 - A seven per cent surge in the Nvidia share price pushed the Nasdaq index to a new record close above the 17,000 level for the first time ever, outweighing negative ne…

ASX closes 0.28% lower: Tech, retail, and healthcare sectors fall

28 May 2024 - Aus shares dipped slightly, driven by declines in the tech, retail, and healthcare sectors, following a sideways trend as Wall Street was closed for Memorial Day.

ASX down 0.02% near noon: Australian retail trade rises by 0.1 per cent in April

28 May 2024 - Australian retail trade rose by 0.1 per cent in April, below the expected 0.2 per cent increase, following a 0.4 per cent decline in the previous month.

EU markets trade higher as US & UK markets closed

28 May 2024 - EU markets traded higher on a quiet news day as the US & UK markets were closed for public holidays.

ASX closes 0.8% higher: Property stocks soar

27 May 2024 - Australia's stock market rebounded on Monday, with the S&P/ASX 200 Index closing 0.8% higher at 7788.3 points, primarily driven by gains in the rate-sensitive propert…

ASX up 0.7% near noon driven by recovery in property

27 May 2024 - The Australian sharemarket rebounded from last week's sell-off, with the S&P/ASX 200 gaining 0.7% at 7,781.50 by 11:30am , driven by a recovery in the property sector…

Nvidia driven rally continues to push US markets higher

27 May 2024 - The Nvidia rally continued on Friday with the AI giant leading the Nasdaq to another record close, as inflation and Fed concerns took a back seat to the Tech driven r…

ASX shares down 0.93% near noon: Iron ore prices fall

24 May 2024 - Australian shares opened lower on Friday, declining by 0.93 per cent by 11:35am due to weakness in commodities and following a sell-off on Wall Street.

Strong Nvidia earnings fail to lift US markets

24 May 2024 - US stocks experienced a downturn on Thursday, marking the Dow Jones Industrial Average's worst performance of 2024, as a post-earnings boost from Nvidia failed to upl…

ASX closes 0.5% lower: Gold and metal prices fall

23 May 2024 - The Australian stock market experienced a decline on Thursday, attributed to concerns raised by the latest US Federal Reserve meeting minutes regarding the pace of di…

ASX falls 0.9% at near noon: BHP falls 3%

23 May 2024 - Australian shares have decreased by 0.9% at 11:30am, in response to the Federal Reserve's concerns over inflation, mirroring Wall Street's decline. The Fed's minutes …

US markets trade lower as inflation concerns resurface

23 May 2024 - All three major indexes fell into the red after the minutes from the Federal Reserve’s May meeting raised concerns of persistent inflation, suggesting any rate cuts a…

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