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Market Reports

ABS - Wage Price Index up 0.5 per cent: ASX 0.4 per cent lower at noon

13 Nov 2019 - ASX down 0.4 per cent at noon. Bingo Industries led the way after soaring almost 12 per cent while Beach Energy saw the biggest decline at noon dropping 5.1 per cent.

Tesla to build fourth ‘Gigafactory’: Aus shares to open higher

13 Nov 2019 - Aus shares to open higher. Fortescue Metals Group Ltd (ASX:FMG) has entered into a $6 million Paterson Farm In and joint venture with Carawine Resources (ASX:CWX).

Westpac, miners weigh on market: ASX closes 0.3% lower

12 Nov 2019 - The local market has extended an early decline today with 6 out of 10 sectors finishing lower. Shares in Jumbo Interactive (ASX:JIN) jumped as much as 9 per today to…

Nine Entertainment Co (ASX:NEC) down 5.2 per cent: ASX down 0.5 per cent at noon

12 Nov 2019 - The Australian sharemarket edged lower at open with Nine Entertainment Co (ASX:NEC) down 5.2 per cent following its reported drop in results from today's AGM. Jumbo I…

Dow Jones closed higher on Boeing deliveries: Aus shares to open higher

12 Nov 2019 - The Australian share market looks set to open higher this morning despite the mixed shares on Wall Street in late trade. Alibaba (NYSE:BABA) sets sales record of more…

Healthcare sector leads the day: ASX closes 0.7% higher

11 Nov 2019 - It has been a positive day of trade for the ASX, the local bourse managed to close 0.7% higher. Shares in Fortescue Metals (ASX:FMG) took a dip today. Perenti Global …

Citi upgrades Afterpay Touch Group (ASX:APT) to a Buy: ASX tracking 0.6% higher at noon

11 Nov 2019 - The ASX has risen at the open following positive leads from Wall Street. It is now tracking 0.6% higher at noon. Afterpay (ASX:APT) shares are on the rise after Citi …

Trump says no to reducing Chinese tariffs: ASX poised to open higher

11 Nov 2019 - Wall Street continued their gains towards the end of the week, now the ASX looks set to start the week higher. Stocks rose on the optimism that President Donald Trump…

RBA releases wages & housing concerns: Aus shares close 0.04% lower

8 Nov 2019 - Aus shares close 0.04% lower. RBA releases Statement on Monetary Policy reporting on wages and housing.

Transurban's $1.65bn refinance: Aus shares 0.02% lower at noon

08 Nov 2019 - Aus shares 0.02% lower at noon. Transurban (ASX:TCL) refinances $1.65bn debt facility.

Delay in China-US trade talks shakes Asia pacific shares: ASX set to open higher

08 Nov 2019 - Following positive leads from US markets, the ASX looks set to open higher this morning. All three US benchmarks were higher at the close. In the Asia Pacific shares …

Banks and tech keep market busy: ASX closes 1% higher

07 Nov 2019 - It has been a positive day of trade, with the ASX closing 1% higher. Xero (ASX:XRO) did well today as did James Hardie Industries (ASX:JHX). NAB (ASX:NAB) shares gain…

Perenti (ASX:PRN) shares down after deadly ambush near mine: ASX tracking 0.7% higher at noon

07 Nov 2019 - The ASX rose at the open and continued to rise and is now tracking 0.7% higher at noon. Shares in James Hardie (ASX:JHX) are on the up today. Shares in Perenti Global…

James Hardie (ASX:JHX) raises its FY adjusted NOPAT: ASX poised to open higher

07 Nov 2019 - Despite weak leads from US markets, the ASX looks set to open higher. Wall Street shares dropped after it was reported that President Donald Trump and Chinese Preside…

Macquarie downgrades Blackmores (ASX:BKL): Aus shares close 0.6% lower

06 Nov 2019 - Following a steady decline over the afternoon the S&P/ASX200 closed 0.6 per cent lower. Macquarie downgraded Blackmores (ASX:BKL) as an Underperform and reduces its 1…

Pendal Group (ASX:PDL) tops best performers list: Aus shares flat at noon

06 Nov 2019 - The Australian share market opened lower despite positive leads from Wall Street and is now tracking flat at noon. Pendal Group (ASX:PDL) has topped the ASX best perf…

US to withdraw from Paris Agreement: Aus shares to open higher

06 Nov 2019 - Following strong leads from US markets, the S&P/ASX200 is poised to edge higher at the open. The United States comes under intense criticism as it notifies the United…

Cup Day: Aus shares close 0.2% higher

05 Nov 2019 - Aus shares close 0.2% higher. RBA leaves cash rate unchanged at 0.75%. Westpac (ASX:WBC) has successfully completed a $2 billion institutional placement at $25.32 per…

Westpac slumps: Aus shares 0.1% higher at noon

05 Nov 2019 - The local sharemarket’s bright start has faded in the second hour of trade. The market opened up around 40 pts following Wall Street higher but has eased back and is …

Record highs for Wall Street: ASX poised to open higher

05 Nov 2019 - Following positive leads from US markets, the ASX looks set to open higher. Stocks in the US rose with the Dow Jones claiming its first record since July. Uber stocks…

Banks down on Westpac (ASX:WBC) report: ASX closes 0.3% higher

04 Nov 2019 - The ASX closed 0.3% higher. Banks didn’t fare so well though. Westpac (ASX:WBC) reported a 15% slump in full-year profit, a cut to its dividend and announced they wan…

Westpac profit plunges 15% dragging down the banks: ASX 0.4% higher at noon

04 Nov 2019 - The Australian sharemarket has dulled its early rise but most sectors are in the green at midday. Pro Medicus (ASX:PME) has signed a 5-year contract with The Ohio Sta…

US jobs numbers boost Wall Street: Aus shares to open higher

04 Nov 2019 - The local sharemarket is poised to open higher following strong leads from Wall Street on Friday. In the US stocks rose sharply as investor sentiment got a boost from…

Healthcare leads the sectors: ASX close 0.1% higher

01 Nov 2019 - The ASX drifted lower following soft leads from Wall Street but managed to pick up momentum and is now tracking 0.1% higher at noon. Iluka (ASX:ILU) shares are still …

Estia Health (ASX:EHE) weighs on the Healthcare sector: ASX trading flat at noon

01 Nov 2019 - The ASX drifted lower following soft leads from Wall Street and is now tracking 0.06% lower at noon. The Macquarie Group (ASX:MQG) shares are dropping – they reported…