Market Reports /
by Peter Milios -
3 years ago
24 Nov 2022 - The ASX has opened slightly higher on the back of the news that the Federal Reserve is looking to give out smaller rate hikes as inflation is slowing down.
Market Reports /
by Tim McGowen -
3 years ago
24 Nov 2022 - US stocks closed higher Wednesday in a choppy session as meeting minutes from the Federal Reserve showed that the central bank is looking to hand out smaller rate hik…
Market Reports /
by Peter Milios -
3 years ago
23 Nov 2022 - The RBNZ has signalled further rate hikes after lifting rates by 75 basis points to 4.25 per cent and states that the cash rate needs to "reach a higher level, and so…
Market Reports /
by Peter Milios -
3 years ago
23 Nov 2022 - All sectors are making gains today besides Information Technology, as the S&P/ASX 200 is 0.83 per cent or 59.80 points higher at 7241.10 at noon. Qantas (ASX:QAN) has…
Market Reports /
by Tim McGowen -
3 years ago
23 Nov 2022 - Stocks rose Tuesday as Wall Street looked past tightening covid policies in China to instead focus on a host of strong earnings reports and the potential for smaller …
Market Reports /
by Peter Milios -
3 years ago
22 Nov 2022 - China has reported its first COVID death in six months, sparking up the likelihood of harsher lockdowns. Interestingly, the ASX has disregarded this information, clos…
Market Reports /
by Peter Milios -
3 years ago
22 Nov 2022 - The Treasury is expected to release a discussion paper today on the BNPL sector. The paper is likely to outline that Australia’s current buy now, pay later providers …
Market Reports /
by Tim McGowen -
3 years ago
22 Nov 2022 - Stocks fell Monday in a volatile session to start a short trading week due to the Thanksgiving holiday. Fears that China may again ramp up Covid restrictions after re…
Market Reports /
by Peter Milios -
3 years ago
21 Nov 2022 - In a relatively quiet session, Utilities have led the day, following big results from Mercury NZ (ASX:MCY), which closed 4.31 per cent higher, and AGL Energy (ASX:AGL…
Market Reports /
by Lauren Hayes -
3 years ago
21 Nov 2022 - The Australian market is having a lacklustre start to the trading week after US equity markets posted gains on Friday on news of strong earnings reports, but ended lo…
Market Reports /
by Lauren Hayes -
3 years ago
21 Nov 2022 - The major averages ticked higher in afternoon trading Friday to end the day on an upbeat note as investors assessed tougher language from Federal Reserve speakers and…
Market Reports /
by Peter Milios -
3 years ago
18 Nov 2022 - Mixed bag of results to open the final day of the trading week. Financials, Utilities and Real Estate are all up, whilst Healthcare is sharply lower and Energy and Ma…
Market Reports /
by Lauren Hayes -
3 years ago
18 Nov 2022 - Overnight oil stocks continued to show a clear disconnect from the commodity they track. The energy sector is reporting the greatest increase in net profit margins co…
Market Reports /
by Lauren Hayes -
3 years ago
17 Nov 2022 - Oil producers and miners weighed down the benchmark today. Energy slid 2.1 per cent with the pull back in coal prices. Following the print of unemployment to 3.4 per …
Market Reports /
by Peter Milios -
3 years ago
17 Nov 2022 - The ASX has opened slightly higher today, contradicting the Wall Street fall overnight, which was prompted by deep concerns of a reduction in consumer spending over t…
Market Reports /
by Lauren Hayes -
3 years ago
17 Nov 2022 - Markets fell on Wednesday as investors weighed a gloomy holiday quarter update from Target that pressured retail stocks. Target blamed higher inflation and shifts in …
Market Reports /
by Peter Milios -
3 years ago
16 Nov 2022 - Energy, Material and Real Estate were the only sectors in the green in today’s day of trading. Energy was the best performer out of the bunch, fuelled on the hopes th…
Market Reports /
by Lauren Hayes -
3 years ago
16 Nov 2022 - The Australian market shook off the positive lead from Wall Street overnight with the major index opening lower. It is day 2 of the G20 summit for world leaders gathe…
Market Reports /
by Lauren Hayes -
3 years ago
16 Nov 2022 - Elsewhere, retail stocks also lifted investor sentiment. Walmart shares jumped on a bumper third quarter. The retail giant said that sales were up nearly 9 percent fr…
Market Reports /
by Peter Milios -
3 years ago
15 Nov 2022 - Sectors were mostly mixed today, and the S&P/ASX 200 was 0.07 per cent or 4.70 points lower at 7141.6 at the closing bell. Healthcare slightly edged Information Techn…
Market Reports /
by Lauren Hayes -
3 years ago
15 Nov 2022 - Following a choppy US session overnight, the Australian market is marginally lower this morning. Materials have erased some of yesterday’s gains and are weighing down…
Market Reports /
by Lauren Hayes -
3 years ago
15 Nov 2022 - Stocks fell to start the week as investors took a pause from last week’s big rally and digested a slew of corporate and economic news, as digital asset exchanges are …
Market Reports /
by Peter Milios -
3 years ago
14 Nov 2022 - All sectors except Materials and Energy are lower in today’s day of trading, as the ASX finishes 0.16 per cent or 11.70 points lower at 7146.30.
Market Reports /
by Lauren Hayes -
3 years ago
14 Nov 2022 - Last week’s gains have not continued with the same momentum this morning. Materials, up 3.4 per cent, is bolstering the local market following a rise in commodity pri…
Market Reports /
by Lauren Hayes -
3 years ago
14 Nov 2022 - The gyrations Elon Musk is engaging in at Twitter to save his US$44 billion investment appears to be far more important to stock market sentiment than the continuing …
