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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…

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.

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 …

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…

A2 Milk and Bubs jump, AGL scraps demerger, Tech bulls lead ASX up 0.9% at noon

30 May 2022 - Australian shares jumped to a 3-week high after a strong lead from Wall St. Every sector is rallying, bar utilities after AGL news. The optimism is led by technology …

Aus shares post second week of gains: ASX closes 1.1% higher in broad rally

27 May 2022 - Australian shares had their best day this week buoyed by resources and travel stocks while news in the M&A space also got some attention. Wall Street provided a solid…

Appen's appeal falls as Telus drops deal, Travel stocks continue to fly: ASX up 0.9% at noon

27 May 2022 - Travel stocks are stronger for a second straight day as Australian shares rally on the back of a strong lead from Wall St. A batch of upbeat earnings reports with sev…

Iron ore dips, Oil at 2-mth highs, Galileo on a tear, BHP stays busy

27 May 2022 - Iron ore dipped, however the Dalian futures recovered overnight after tapping a one week low while copper fell for its third straight session on persistent fears abou…

Appen's $1.2b offer sparks tech shares, Qantas takes-off: ASX closes 0.7% lower

26 May 2022 - Grocery giants were unpopular today, pushing the consumer staples sector lower as miners fell on underwhelming news about China’s economy. Australian shares had their…

Renewed China fears push miners over: ASX down 0.5% at noon

26 May 2022 - Australian shares turned lower as miners fell after investors digested that the country’s largest trading partner is faring worse than when the pandemic first emerged…

Tech "Snap" tips ASX's fall as China fears mount, closes 0.3% lower

24 May 2022 - Australian shares fluctuated through gains and losses to close at session lows as investors mulled on whether the fresh stimulus from Beijing is enough to offset Chin…

Tech rout on Snap profit warning, Lottery Corp debuts: ASX up 0.1% at noon

24 May 2022 - Australian technology giants tumbled after investors pressed the sell button on Snap’s missed earnings, sending the Nasdaq futures lower as concerns mount about the t…

Snap dives 28% pulling ASX tech giants lower on rising inflation

24 May 2022 - Snap’s share price dived over 28% after an earnings miss, warning investors of a hiring slowdown with the Nasdaq futures falling 1.3% as investors fret about tech gia…

Mining giants put a lid on losses, RBA won't sell bonds: ASX closes 0.1% higher

23 May 2022 - The ASX eked out a gain after hearing that Beijing reported a record number of Covid-19 cases, renewing concerns the capital may face another lockdown. Beijing report…

Labor pledges tax break for EV cars, Iron ore snaps 4-wk losing streak on China policy hopes

23 May 2022 - An overview of the iron ore price, what happened, and what it means for the ASX today, including Fortescue Metals (ASX:FMG), Imdex (ASX:IMD), Mineral Resources (ASX:M…

ASX closes up 1.2%, buoyed by tech: Aus shares snap 4-week losing streak

20 May 2022 - The ASX ended the week on a high, bouncing back from Thursday’s losses as Aussie investors shrugged off declines on Wall Street ahead of the Federal election tomorrow…

Recession fears trigger equities rout, leaving retailers in the dust: ASX closes 1.7% lower

19 May 2022 - More pain for investors as a wave of selling on recession and inflation fears exacerbated by profit misses from retail giants Target and Walmart hit US markets, with …

Jobless rate to 3.9%, Aristocrat jumps as retailers tumble, inflation haunts: ASX dives 1.5% at noon

19 May 2022 - Consumer staples and discretionary stocks are leading the dive on the Australian sharemarket, shrugging off the improved labour market, giving back 3 days of gains.

Wage print prompt concerns on 40bp rise, Sayona soars 22% in 3 days: ASX up 0.7% at noon

18 May 2022 - Australian shares are on track to continue its winning streak for its 4th straight day after taking a strong lead from Wall St. The local index trimmed back its gains…

China's economy slumps in April: ASX closes 0.3% higher

16 May 2022 - Australian shares struggled to maintain their early morning rally after China revealed that it had suffered an 11.1 per cent drop in retail sales during April, which …

Brambles soars on takeover talks, Macquarie falls: ASX up 0.5% at noon

16 May 2022 - The ASX has advanced this morning buoyed by a jump in Brambles (ASX:BXB) and tech shares. This comes after an optimistic finish on Wall Street, which saw a relief-ral…

Tech stocks lead Friday's rally: ASX down 1.8% over the week

13 May 2022 - The ASX closed lower for a fourth week despite a rally on Friday’s session thanks to information tech. Tech’s gains were much needed after yesterday’s 8.7% dive as in…