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Market Reports

Nasdaq falls 3%, Westpac, Rio Tinto on watch: ASX to drop

10 Jun 2022 - Wall St rout deepens on global central bank outlook. ECB flags rate hikes. China to lockdown district for Covid-19 testing on Saturday. What to look out for today on …

Banks weigh while energy sparks: ASX closes 1.4% lower

09 Jun 2022 - The Australian sharemarket fell to a 4-week low pulled down by banks as concerns of rising interest rates and bad debts weighed on investor sentiment. Adding to the f…

Risks of bad debts weigh on banks: ASX falls 1.3% at noon

09 Jun 2022 - The major banks weigh on the Australian sharemarket after the Reserve Bank of Australia announced its outsized interest rate hike this week. Investors are concerned a…

Wall St slips, BHP, Pilbara, Genesis Minerals, Qantas on watch: ASX to fall

09 Jun 2022 - Wall St pulled back on global growth concerns amid several companies unveiling weak profit outlooks ahead of the ECB rate decision, US consumer price index this week …

Energy stocks rally, banks tumble: ASX closes 0.4% higher

08 June 2022 - The ASX finished higher despite easing back its gains in the afternoon session. All sectors closed higher, except financials, down 2.9% as major banks weighed. Energ…

Uranium stocks jump, banks fall, Atlas soars on IFM deal: ASX up 0.8% at noon

08 Jun 2022 - The Australian sharemarket has recouped some of Tuesday’s decline as industrials and miners are leading a broad-based rally. The major banks are the exception, extend…

S&P 500 gains for 2nd day, Paladin, Premier, Industrials Min on watch: ASX to rise

08 Jun 2022 - Wall St gained for a 2nd day despite profit and global economic warnings. Why uranium, iron ore, and coal stocks are in favour. What stocks to look out for today.

Outsized interest rate hike spooks ASX, closes 1.5% lower

07 Jun 2022 - The cost of living is set to rise after the Reserve Bank of Australia raised the cash rate by 50 basis points versus the expected 40, sending the ASX 200 to a 3-week…

ASX falls ahead of RBA rate outcome led by tech, down 0.8% at noon

07 Jun 2022 - The Australian sharemarket continues to fall ahead of the Reserve Bank of Australia’s interest rate outcome at 2.30pm AEST. The central bank is expected to deliver ba…

Nasdaq gains, QBE, Bubs, CSL, Whitehaven Coal, IGO on watch: ASX to open flat

07 Jun 2022 - Cautious rally on Wall St after investors initially piled back into stocks on optimism that Covid-19 restrictions continue to ease in China. What stocks to watch toda…

Energy leads while tech weighs, Tabcorp jumps, Magellan tumbles: ASX closes 0.5% lower

06 Jun 2022 - The ASX remained in the red for the afternoon session following a weak lead from Wall Street. The Reserve Bank of Australia is set to meet tomorrow, which means inves…

Tech lags on growth fears, energy rally continues: ASX falls 0.5% at noon

06 Jun 2022 - The Australian sharemarket has retreated this morning after three weeks of gains ahead of the Reserve Bank of Australia policy meeting tomorrow.

Leading US CEOs see a recession despite positive economic data: ASX 200 additions & removals

06 Jun 2022 - While some leading CEO’s are sounding the alarm on a recession, the actual economic data is yet to confirm this scenario. With US employment data pointing to a super …

Aus shares post third week of gains: ASX closes 0.9% higher as materials rally

03 Jun 2022 - The ASX closed higher for a third straight week after advancing on Friday’s session, which offset yesterday's fall. At the closing bell, the ASX 200 was 0.9% or 63 po…

Coal, lithium miners extend rally, Healius hit hard, CapVest drops Virtus deal: ASX up 0.7% at noon

03 Jun 2022 - The Australian sharemarket jumped at the open, almost recovering all of yesterday’s losses in a broad-based rally. If the momentum continues, the ASX 200 is on track …

Nasdaq soars, Why a strong USD weighs on Microsoft, Calix, Crown, Macquarie on watch: ASX to jump

03 Jun 2022 - Wall St jumps as recession fears cool for now. Oil prices fell after Saudi Arabia flagged that they would hike output to make up the shortfall due to the EU's ban on …

Tech blues, interest rate concerns weigh: ASX closes 0.8% lower

02 Jun 2022 - The Australian sharemarket closed at session lows, nearly wiping off all this week's gains. Investors continued to sell out of treasuries, and equities on expectation…

BHP slips on ratings cut, Woodside jumps, Bubs & Australian Dairy soars: ASX falls 0.9% at noon

02 Jun 2022 - Women in leadership took the spotlight after news of several executive leadership changes. Despite the ASX 200 falling to a four-day low, the spark of energy shares a…

Wall St slips, Wesfarmers, North Stawell Minerals, Bubs Australia on watch: ASX to fall

02 Jun 2022 - Wall St turns lower on mixed economic data and commentary from JP Morgan CEO. Stronger-than-expected ISM manufacturing data fuels expectations of aggressive interest …

Fortescue leads while lithium miners tumble: ASX closes 0.3% higher

01 June 2022 - The ASX held on to its gains in the afternoon session despite a big drop in lithium miners. Communication services led the pack, up nearly 2 per cent, followed by fi…

Australian economy grows 0.8%, Origin Energy tumbles: ASX up 0.2% at noon

01 Jun 2022 -The ASX is pushing higher this morning after Wall Street fell overnight amid inflation and recession fears across the globe. Most sectors are showing gains, with the e…

Oil price could add to inflationary worries: record inflation numbers in Europe

01 Jun 2022 - Inflationary pressure remain rampant across the globe as markets struggle to bounce off bear market lows, with a rising oil price a potential complication to consumer…

Late selloff hit stocks on renewed recession fears, hawkish Fed, Russian oil ban: ASX closes off 1%

31 May 2022 - The Australian sharemarket closed at session lows, snapping its two-day winning streak as concerns mounted on hawkish comments from the Fed and whether the central ba…

Tech blues weigh on miner's rally: ASX retreats 0.3% at noon

31 May 2022 - The Australian sharemarket takes a breather after two days of gains as resources stocks help offset the fall. The improvement in mobility in the world’s second larges…

Equities trim gains on hot inflation, Crown, A2 Milk, Toys"R"Us ANZ on watch: ASX to edge lower

31 May 2022 - US stocks and bond markets were closed for Memorial Day holiday. Hot German inflation trims US futures after it rose which cast a shadow over optimism on lockdowns ea…

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