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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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ASX falls 0.26% to close out its first weekly loss in three weeks

21 Apr 2023 - The Australian sharemarket ended the week down 0.4 per cent after falling by 0.26 per cent at 7,342.90. This was led by losses in miners and banks. The fall was attri…

Materials weigh on ASX: Aus shares down 0.26% at noon

21 Apr 2023 - Seven out of eleven sectors are trading higher today, however, losses from Materials, including a 1.96 per cent fall from BHP (ASX:BHP), a 1.16 per cent fall from For…

Earnings results weigh on Wall Street: Tesla down 10%

21 Apr 2023 - Stocks dropped Thursday as Wall Street reacted to a mixed bag of corporate earnings, including disappointing results from Tesla. Investors also assessed fresh data th…

BHP shares drop 2.6% as ASX closes 0.04% lower

20 Apr 2023 - At the closing bell, the S&P/ASX 200 was 0.04 per cent lower at 7,362.20, as the materials sector suffered a decline of over 2 per cent.

Eight out of eleven sectors trading higher: ASX up 0.02% at noon

20 Apr 2023 - Stocks are fairly flat following overnight’s performance. Eight out of eleven sectors are in the green so far, as the S&P/ASX 200 is 0.02 per cent higher at 7,367 at …

Netflix and Morgan Stanley the latest to report earnings

20 Apr 2023 - The S&P 500 finished little changed Wednesday as earnings season kicked into full swing and investors parsed the latest results from companies including Netflix and M…

Gains from Materials helps boosts ASX 0.07%

19 Apr 2023 - At the closing bell, the S&P/ASX 200 was 0.07 per cent higher at 7,365.50, with Materials and Utilities the only sector in the black.

Strong China GDP figures lifts Materials: ASX up 0.04% at noon

19 Apr 2023 - Following the release of stronger than anticipated GDP figures from China on Tuesday, the heavyweight materials sector has counterbalanced declines in almost all sect…

Markets flat as US earnings season shows resilience

19 Apr 2023 - Equity markets finished flat on Tuesday as traders digested a slew of earnings reports and their implications for the US economy.

ASX recoups some earlier losses but closes 0.29% lower

18 Apr 2023 - At the closing bell, the S&P/ASX 200 was 0.29 per cent lower at 7,360.20, primarily due to a 1.9 per cent decline in the energy sector, with Woodside (ASX:WDS) and Sa…

ASX down 0.34 per cent at noon as RBA warns rates may rise again

18 Apr 2023 - The Reserve Bank of Australia discussed the possibility of raising interest rates by 25 basis points but ultimately decided to pause and let previous rate increases t…

Earnings focus on US banks as Chinese lithium price bottoms

18 Apr 2023 - The S&P 500 rose Monday as traders combed through the latest batch of corporate earnings results, searching for clues on the health of corporate America.

Lake Resources achieves big gains as ASX closes 0.27% higher

17 Apr 2023 - At the closing bell, the S&P/ASX 200 was 0.27 per cent higher at 7,381.50, led by gains in the financials and real estate sectors.

Tech bellwethers gain as ASX rises 0.3% at noon

17 Apr 2023 - Nine out of the eleven sectors are trading higher today. Information technology is surging on the back of gains from WiseTech Global (ASX:WTC), Xero (ASX:XRO), and Al…

US stocks fall as weak sales results dent strong corporate earnings

17 Apr 2023 - The Dow Jones Industrial Average fell Friday, but notched a positive week, as investors assessed a weak retail sales report that dented enthusiasm around a stronger-t…

Mining companies lift as ASX closes 0.51 per cent higher

14 Apr 2023 - At the closing bell, the S&P/ASX 200 was 0.51 per cent higher at 7,361.60, driven by gains in mining companies, which offset losses in health and property sectors. Th…

Gold miners rise: ASX up 0.19% at noon

14 Apr 2023 - Shares in gold mining companies rose on Friday as the price of gold approached record highs due to concerns about a potential US recession and a weaker US dollar.

Markets rally on cooler inflation data

14 Apr 2023 - Stocks jumped Thursday as traders cheered another report pointing to cooling US inflation.

Consumer Staples and Materials suffer: ASX closes 0.27% lower

13 Apr 2023 - At the closing bell, the S&P/ASX 200 was 0.27 per cent lower at 7,324.10, led by losses in the consumer staples and materials sectors.

Jobless rate data released: ASX down 0.24% at noon

13 Apr 2023 - In March, the jobless rate in the economy remained at 3.5 per cent, which was better than expected, and 53,000 new jobs were created, exceeding the anticipated 20,000…

Recession fears loom despite a fall in CPI data

13 Apr 2023 - Stocks fell Wednesday as recession concerns weighed on Wall Street, even as traders assessed the release of cooler-than-expected inflation data.

Strong results from Materials bellwethers boost ASX: Aus shares close 0.47% higher

12 Apr 2023 - At the closing bell, the S&P/ASX 200 was 0.47 per cent higher at 7,343.90, driven by a 1.4 per cent gain in the materials sector due to strong gains by BHP (ASX:BHP),…

Australian consumer confidence survey revealed: ASX up 0.56% at noon

12 Apr 2023 - According to the ANZ-Roy Morgan survey, Australian consumer confidence increased by 1.1 points for the week ending April 9, marking three weeks of gains after the Res…

Material stocks lead market higher on renewed M&A activity

12 Apr 2023 - Investors are bracing for a one-two punch on inflation in the coming days, starting with tomorrow’s Consumer Price Index data and Thursday’s Producer’s Price Index. T…

Information the only sector lagging: ASX closes 1.26% higher

11 Apr 2023 - At the closing bell, the S&P/ASX 200 was 1.26 per cent higher at 7,309.9. This growth was largely driven by gains in the materials sector.