Finance News Network

Market Reports

Energy & materials rise, GrainCorp upgrades FY22 guidance: ASX up 0.6% at noon

08 April 2022 - The ASX has advanced this morning following a recovery on Wall Street. Across the local bourse, energy and materials are leading today’s gains, while technology and…

S&P 500 recovers early fall, CSL, Rio, WPL, Cimic, HomeCo Daily Needs REIT on watch: ASX to rise

08 Apr 2022 - Wall St bounced back, snapping 2-days of losses after investors mull on the hawkish minutes from the Federal Reserve yesterday. US stocks headed into the green by mid…

Tech rout deepens as interest rate jitters spook ASX, closing 0.6% lower

07 Apr 2022 - Spooked investors booked their profits on fears of the impact from an aggressive interest rate hiking cycle after a weak lead from Wall St. Technology titans left the…

Ardent shares' endless fun at Main Event, Virtus trading halt, Magellan surge: ASX down 0.4% at noon

07 Apr 2022 - Australia’s tech players continue to fall for its second straight day as uncertainties on unresolved headwinds with inflation, the path forward with interest rate hik…

Tech leads Wall St fall again, ASX, Mineral Resources, Ardent, Virtus Health, Telstra: ASX to drop

07 Apr 2022 - Global markets fell as hawkish comments from US Fed Vice Chair Lael Brainard kicked off the week with the minutes from the Fed providing more colour on the balance sh…

Tech stocks weigh, Miners drag: ASX closes 0.5% lower

06 Apr 2022 - The Australian sharemarket snapped its two-day winning streak after spending all of Wednesday’s session in the red. The tech sector led today’s losses, followed by ma…

Tech leads fall on ASX, Battle for Virtus Health continues: Aus shares down 0.8% at noon

06 Apr 2022 - The ASX is swimming in negative territory this morning following a strong lead from Wall Street. The technology sector is leading today’s losses, followed by material…

Nasdaq leads fall on Wall St, Block, BHP, GrainCorp, Coles, Wesfarmers, MQG on watch: ASX to fall

06 Apr 2022 - A mixed finish around globe with a hawkish tone from central banks such as the Fed and RBA spooking investors, leading to sell off on Wall St. Asian markets to resume…

RBA statement takes shine off the ASX rally, closing 0.2% higher

05 Apr 2022 - The Reserve Bank left its cash rate at a record low of 0.1% with the shine taken off the equities rally after traders realised that the word “patient” was omitted. Th…

Tech stocks drive bumper day pre-RBA meeting outcome: ASX up 0.7% at noon

05 Apr 2022 - A growing appetite for risk has seen tech stocks extend its rally, leading the Australian sharemarket to another strong day ahead of the Reserve Bank interest rate ou…

Tech shares outperform as Wall St gains for 2nd day, Iluka, BHP, Pendal, Ampol, AUD on watch today

05 Apr 2022 - Global major indexes closed with a glimmer of green despite concerns about the impact of potential new sanctions on Russia. A deep dive on why tech shares outperforme…

Utilities & materials rise, Telix soars on its company news: ASX closes 0.3% higher

04 Apr 2022 - The ASX started the week off on a positive note after it spent all of Monday's session in the green. Across the sectors, utilities led the pack, followed by materials…

Pendal jumps on takeover bid, Iluka Resources signs off on WA refinery: ASX up 0.5% at noon

04 Apr 2022 - The ASX has continued to climb after opening higher this morning. Across the sectors, materials is leading while consumer discretionary weighs. In the winner’s corner…

Wall St gains on dip buyer's appetite, Banks, Iron ore firms, DHG on watch today: ASX to rise

04 Apr 2022 - Wall St inched higher on Friday following the release of the March labour report, bond market reacted with the 2 - 10 year yield inversion. Deep dive on resource stoc…

ASX dips 0.1% on Friday, but gains 1.2% over the week

01 Apr 2022 - The ASX edged lower on Friday’s session with seven out of eleven sectors in the red. Communication services weighed the most, followed by consumer discretionary and t…

Tech stocks weigh, Major miners rise: ASX down 0.1% at noon

01 Apr 2022 - The ASX fell in early trade before easing back some losses at lunchtime. However, the local bourse remains a touch lower at noon. Across the sectors, technology is we…

Wall St closes off 1st losing quarter since 2020, WPL, TAH, UWL, CIM, MQG on watch: ASX to fall

01 Apr 2022 - Oil prices fell as the US mulls releasing up to 180 million barrels from its oil reserves, its largest draw in almost 50 years. The news sent energy stocks in Europea…

Commodities seen as inflation hedge, pushes ASX higher for March by 5.7%, though 0.2% lower today

31 Mar 2022 - As investors thought an 8-day rally was on the cards, the closing match at 4.10pm wiped off that dream as the transaction pulled the local bourse into the red to clos…

Energy stocks dims, US mulls tapping SPR again, ASX up 7% for month, trading up 0.4% at noon

31 Mar 2022 - Aussie stocks were on a tear supported by the rally in the commodities complex, lifting the local bourse higher to a fresh 3-month high. Though optimism faded amid ne…

S&P 500 snaps 4-day winning streak, BHP, MQG, ABB, RHC on watch today: ASX to edge higher

31 Mar 2022 - Wall St took a breather today, closing in the red after several strong days of gains, and two straight weeks of gains. The S&P 500 snapped its four day winning streak…

Tech stocks rally, Banks lift, Energy drags: ASX closes 0.7% higher

30 Mar 2022 - The ASX held its gains in the afternoon and finished Wednesday’s session in positive territory thanks to a boost in tech stocks. Following the release of the Federal …

Tech leads, Telstra CEO to retire: ASX up 0.7% at noon

30 Mar 2022 - The ASX has advanced this morning following Wall St’s lead amid rising signs of progress in peace talks between Russia and Ukraine. Most sectors are in positive terri…

Wall St extends gains for 4th day, Telstra, Flight Centre, Healius, BHP, REITS on watch: ASX to rise

30 Mar 2022 - An almost a broad rally across the major indexes around the globe amid rising signs of progress in peace talks between Russia and Ukraine. Moscow is set to pull back …

ASX rises ahead of Federal Budget as stocks perform, closes 0.7% higher

29 Mar 2022 - The local bourse posted its sixth straight day of gains, its best rally for 2022, rising above concerns on recession risks as investors await the Federal Budget to be…

Energy down, tech jumps, Morrison & Co sweetens Uniti deal: ASX taps 11-wk high, up 0.8% at noon

29 Mar 2022 - Aussie stocks jumped to a near 11-week high, as tech shares erase 2-days of losses overshadowing weakness in energy, and material stocks while investors await the Fed…

Prior Page Next Page