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Market Reports

Wesfarmers downgraded: ASX200 up 1.6 per cent over week

22 Feb 2019 - The majority of sectors have made ground today, with the Real Estate, Communications and Consumer Discretionary sectors leading the way. After opening in the red, the…

House prices won't 'derail' economy - RBA: ASX tracking 0.5% higher at noon

22 Feb 2019 - The ASX now tracking 0.5% higher at noon. Shares in pharmaceutical company Mayne Pharma Group (ASX:MYX) saw a rise after they released their half year results today s…

RBA’s Philip Lowe’s testimony due: ASX poised to open lower

22 Feb 2019 - The ASX is poised to edged lower as US shares extended losses. China is proposing that it could buy an additional US$30b a year of US agricultural products including …

Webjet ASX booster pack: Aus shares close 0.7% higher, new 4-month high

21 Feb 2019 - Market wrap. ASX jet packed on Webjet. Average Aus' weekly earnings rises 2.4% YOY. MYOB (ASX:MYO) profit up 5%. Webjet (ASX:WEB) grew 61%. Wesfarmers (ASX:WES) profi…

ASX shakes off negative start, Aus unemployment rate holds: Aus shares 0.3% higher

21 Feb 2019 - Mid-session report. ASX snaps 2 day red streak, now clawing back. Australia's unemployment rate steady at 5% as expected. Australian wages rise 2.4% over year. Wesfar…

Resmed and Fisher & Paykel Healthcare settle dispute: ASX set to open higher

21 Feb 2019 - The ASX is set to open higher this morning. Overnight the US Federal Reserve released minutes from its latest policy meeting. They show officials are unsure of the ne…

Bumper reporting day fails to boost market: ASX closes 0.2% lower

20 Feb 2019 - The ASX closed 0.2% lower today after a large number of companies reported their half year results. Corporate Travel Management (ASX:CTD) topped the best performers l…

Wage growth below expectations: ASX tracking 0.2% lower at noon

20 Feb 2019 - The ASX opened lower. It is now tracking 0.2% lower at noon. The a2 Milk company (ASX:A2M) saw their shares rise as they reported net profit, earnings and revenue for…

Walmart boosts Wall Street: Aus shares to open higher

20 Feb 2019 - Australian shares look set to open higher this morning following positive leads from US markets. The a2 Milk (ASX:A2M) company has announced its half year results for…

Altium all time high, Blackmores hits 4-yr lows: ASX closes 0.3% higher, new 4-month high

19 Feb 2019 - Market Wrap. Altium (ASX:ALU) shares hit all-time highs on record revenue. Blackmores (ASX:BKL) shares fall to 4-year lows on China sales slip & eyeing weaker 2H. Mou…

Financials rally despite ‘Protecting your Super Bill’ passing through house: ASX200 0.4% higher at noon

19 Feb 2019 - Mid-session report. IOOF Holdings (ASX:IFL) shares hit 2-month high on earnings results. Candy Club (ASX:CLB) IPO opens/trades at $0.20. Citi downgrades AMP (ASX:AMP)…

Wall Street closed: Aus shares set for flat open

19 Feb 2019 - Australian shares look set for a lacklustre start this morning as investors await earnings results and the minutes from the latest RBA policy meeting. Seven Group Hol…

Bank of Queensland shares slide: ASX closed 0.4% higher

18 Feb 2019 - It has been a positive day of trade for the Australian share market closing 0.4% higher. Waste management company Bingo Industries (ASX:BIN) saw their shares slump, h…

Bingo's shares slump on building slowdown: ASX 0.4% higher at noon

18 Feb 2019 - The ASX opened higher starting the week off with a strong start, boosted by solid gains on global equity and commodity markets over the weekend. US-China trade talks …

Wall St posts solid gains: Aus shares set for positive start

18 Feb 2019 - Australian shares are set for a positive start this morning following strong leads from Wall Street on Friday. Macquarie Media company (ASX:MRN) has released its half…

Whitehaven stocks tumble: Aus shares down 0.1% over week

15 Feb 2019 - It has been a good day for the Australian market. After opening in the red the ASX200 gained momentum throughout the day to close 0.1 per cent higher. The majority of…

Treasury Wine Estates downgraded: Aus shares 0.1% higher at noon

15 Feb 2019 - The Australian share market opened lower following mixed leads from Wall Street but is now tracking 0.1 per cent higher at noon. The Real Estate, Communications and E…

Poor US retail sales data hits Wall St: ASX set to open lower

15 Feb 2019 - Australian shares are set to open lower this morning, following on from Thursday's modest losses. Shares on Wall Street opened sharply lower, before paring most losse…

AMP & Unibail-Rodamco-Westfield results weigh: Aus shares lose 0.1% Thursday

14 Feb 2019 - Market Wrap report. ASX200 holds onto 4-month highs but slips on earnings. South32 (ASX:S32) shares rise 3.5% on 17% rise in profit. Cleanaway (ASX:CWY) profit up 35%…

Cleanaway, Tassal, Magellan shares charge: Aus shares 0.2% higher at noon on earnings

14 Feb 2019 - Mid-trade report. ASX rallies on busiest reporting season day, also buoyed by Wall Street sentiment. Citi drops Telstra’s (ASX:TLS) expected share return despite resu…

Important figures from reporting companies: ASX to open slightly lower

14 Feb 2019 - The ASX is set to open slightly lower this morning despite Wall St finishing higher. Sentiment was high in the US as President Donald Trump said talks in the US trade…

Share market stays above 6000: ASX closed 0.3% lower

13 Feb 2019 - The ASX took a dip before lunch and continued to fall closing 0.3% lower. Northern Star Resources (ASX:PGH) is up over 7% after reporting increased profit and dividen…

Consumer sentiment jumps 4.3%: ASX tracking 0.1% lower at noon

13 Feb 2019 - The ASX had a steady rise mid morning but has now dropped at noon, tracking 0.1% lower. A report out today shows consumer sentiment jumped 4.3% in February despite gl…

Wall Street rallies: Aus shares to open higher

13 Feb 2019 - Australian shares look set to open higher this morning following positive leads from Wall Street. Virgin Australia (ASX:VAH) has announced its (group underlying) prof…

Mixed earnings results: Aus shares close 0.3% higher

12 Feb 2019 - Market Wrap. Pact Group (ASX:PGH) shares see sharp selling on $346m write-down, capping ASX gains on Tuesday. Amcor (ASX:AMC) and NYSE listed Bemis transaction, appro…