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News by Peter Milios

Peter Milios

Peter Milios is a recent graduate from the University of Technology - majoring in Finance and Accounting. Peter is currently working under equity research analyst Di Brookman for Corporate Connect Research.

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The winning streak is over: ASX down 0.5% at close

10 Nov 2022 - Not even Utilities' mammoth efforts were enough to lift the ASX into the green, as the market finished the day 0.5 per cent lower.

ASX at highest point since mid-September: Aus shares close up 0.58%

09 Nov 2022 - The Materials sector continued its impressive surge from lunchtime, closing 2.47 per cent higher. The next best sector was Real Estate, which finished 1.38 per cent h…

Mixed results for all sectors: ASX up 0.73% at lunch

09 Nov 2022 - The ASX opened slightly higher on gains from the US overnight. US markets finished higher as investors liked the idea of a divided government, because it will result …

Markets rally for three-day winning streak: ASX finishes 0.36% higher

08 Nov 2022 - All sectors except for Materials and Energy finished higher today, as the market rallied 0.36 per cent or 25.20 points higher to 6958.90.

Materials leads market higher: ASX closes up 0.6%

07 Nov 2022 - Materials is the strongest sector by far in today’s trading. This was due to the initial possibility that China would begin to ease COVID restrictions. As such, BHP (…

A sea of red in today's trading: ASX closes 1.84% lower

03 Nov 2022 - All but one sector finished lower today, as the ASX reacted to the overnight news that the Fed has increased rates by 75 basis points.

CBA follows NAB in raising lending rates following yesterday's hike: ASX closes 0.14% higher

02 Nov 2022 - Commonwealth Bank of Australia (ASX:CBA) today announced that it will raise its home loan variable interest rate by 25 basis points, in line with the RBA’s Melbourne …

ASX increases slightly ahead of today's interest rate rise: Aus shares 0.3% higher at noon

01 Nov 2022 - Last week’s rally for US equities ground to a halt overnight ahead of this week’s Federal Reserve decision on interest rates, as tech stocks weighed on the major inde…

Strong finish despite tomorrows expected rate hike: ASX closes 1.15% higher

31 Oct 2022 - All eyes are on tomorrow's expected interest rate hike, with many predicting a 50 basis point rise. At the closing bell, the S&P/ASX 200 was 1.15 per cent or 77.80 po…

ASX closes at highest point in six weeks: Aus shares up 0.50%

27 Oct 2022 - Led by energy and materials, at the closing bell, the S&P/ASX 200 was 0.50 per cent or 34.20 points higher at 6845.10.

Market unfazed by CPI data: ASX finishes 0.18% higher

26 Oct 2022 - CPI data from the September quarter has sharply exceeded estimates. As such, multiple banks have made predictions for the next rate rise.

Energy and Materials only sectors left lagging: ASX closes 0.28% higher

25 Oct 2022 - In today’s events, independent commission agency ASIC has launched legal action against BPS Financial, the company behind Gold Coast-based digital currency Qoin, clai…

IT and Materials lead the way: ASX finishes 1.54% higher

24 Oct 2022 - All sectors finished in the green to start the week, with some big results from Australian electric vehicle companies. The ASX companies that were amongst the list of…

SOP v Lithium: Similarities, Differences, Synergies

22 Oct 2022 - Over the previous eighteen months, lithium has well and truly established itself as the key driver of the electric vehicle battery movement. Its light weight and high…

Grim start to last trading day for the week: ASX down 0.8%

21 Oct 2022 - Energy and Information Technology are the only sectors up at noon, as the ASX looks to close out a pretty moderate week. The energy sector got a boost from Whitehaven…

Queensland royalty regime now showing its flaws

21 Oct 2022 - In June, the Palaszczuk government increased their coal royalty program on what was already one of the highest coal royalty structures in the world.

Jobs data misses predictions: Aus shares 1% lower at noon

20 Oct 2022 - The two-day rally for US equities came to an abrupt end and bond yields soared as hawkish comments from Fed officials and another round of strong earnings reports rai…

More quarterlies released: ASX finishes marginally in the green for a second straight day

19 Oct 2022 - The ASX closed the day slightly higher as more companies are starting to release their quarterly reports. Overall, at the closing bell, the S&P/ASX 200 was 0.31 per c…

A primer on potash

19 Oct 2022 - Over the previous twelve months, the ongoing shift to renewable energy has created a lot of hype regarding commodities used in battery metals, such as lithium, nickel…

Energy only sector lagging: ASX closes 1.72% higher

18 Oct 2022 - The ASX has continued rising since lunchtime. At the closing bell, the S&P/ASX 200 was 1.72 per cent or 114.80 points higher at 6779.20.

Red start to week: ASX closes 1.4% lower

17 Oct 2022 - At the closing bell, the S&P/ASX 200 was 1.40 per cent or 94.40 points lower at 6664.40. All sectors closed in the red. Iron ore futures prices have fallen to their l…

After a wild night of US trading, all ASX sectors are in the green at noon

14 Oct 2022 - Overnight, US inflation hit a 40-year high, solidifying a huge rise in another interest rate hike. However, surprisingly, the markets rallied to recover the losses. I…

The shadier aspects of solar panels

14 Oct 2022 - The shift to renewable energy is inevitable. And its transition is supposed to fulfill environmental, social and governance (ESG) requirements. However, recent report…

Financials not enough to keep ASX in the green: Aus shares close 0.07% lower

13 Oct 2022 - It was a tumultuous day of trading. There was a peak of near 1 per cent high at lunchtime. However, pessimism surrounded the upcoming US CPI data. At the closing bell…

Financials steals the show: Aus shares close 0.04% higher

12 Oct 2022 - The ASX is up, snapping a 3-day losing streak. The stars of the day were Financials and Coal Miners.