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Market Reports

Weaker than expected China oil demand: Aus shares close 1.2% higher

18 Dec 2018 - Market Wrap. IPO Exopharm (ASX:EX1) shares up 155%. Northern Star Resources (ASX:NST) shares up 38% YOY & completes Echo Resources (ASX:EAR) placement. Fletcher Build…

Eco slow down concerns: Aus shares slip 1.2% lower at noon

18 Dec 2018 - Mid-session report. ASX trades at two-year lows, & 12% off our 10-year high. China oil demand slips, dragging energy stocks lower. Fonterra Shareholders' Fund (ASX:FS…

Wall Street slump continues: Aus shares set for sharp falls at open

18 Dec 2018 - Australian shares are set to drop sharply at the open after US shares fell again on Monday. Wall Street's three major indices each slid more than 2 per cent. Fletcher…

Materials help lift the market: ASX closes 1% higher

17 Dec 2018 - It has been a positive day of trade for the ASX with a close 1% higher. There was an afternoon swing boosted by the Commonwealth Bank (ASX:CBA) which saw a rise after…

Utilities lead the way: ASX flat at noon

17 Dec 2018 - The ASX opened lower this morning after a cautious start to the week and is now tracking 0.03 per cent lower at noon. Federal Government released a mid-year review ea…

Wall Street hits 8-month low: Aus shares to drop at open

17 Dec 2018 - Australian shares are set to drop at the open after Wall Street fell to an eight-month low on Friday. The falls came on the back of weaker than expected economic data…

Takeovers & top 100 entries: Aus shares close 1.1% lower Friday

14 Dec 2018 - Market Wrap. Telcos see selling as analysts surprised by ACCC concerns. Nine Entertainment (ASX:NEC) enters ASX top 100 after merging with Fairfax. Australian Pharm…

Nine Entertainment see a dip: ASX 0.7% lower at noon

14 Dec 2018 - The ASX has been falling lower through out the morning and is tracking 0.7% lower at noon. Australian Pharmaceutical Industries (ASX:API), saw a rise today after reit…

European Central Bank cautious about growth: ASX set to open lower this morning

14 Dec 2018 - The ASX is set to open lower this morning on the back of a mixed performance on Wall Street. Small caps lead declines in the US yesterday, as trade tensions continued…

Not enough steam, but ASX gains for 3rd day: Aus shares close 0.1% higher

13 Dec 2018 - Market Wrap. Shopping Centres Australasia Property Group (ASX:SCP) distribution rises 6.6%, property valuations up 0.5%. ANZ's (ASX:ANZ) Fred Ohlsson to take an unpai…

TPG shares drop on merger query: ASX 0.3% higher at noon

13 Dec 2018 - The ASX is trading higher at noon - tracking 0.3%. Big banks and miners are helping the rise. ANZ (ASX:ANZ) is up despite Group Executive Fred Ohlsson announcing he i…

A strong night for global markets: ASX set to open higher

13 Dec 2018 - The ASX is set to open higher this morning. Shares on Wall Street jumped in morning trading, led by tech stocks. European stocks rallied as the British prime Minister…

Information technology sector leads the rally: ASX closed 1.4% higher

12 Dec 2018 - The ASX bounced 1.4% higher, continuing its rally for the second day, but it still wasn’t enough to recoup the losses made on Monday, after the XJO lost 2.3%. Financi…

Energy on the rise: ASX 0.6% higher at noon

12 Dec 2018 - The ASX opened higher following mixed leads from Wall Street where gains and losses alternated throughout the trading day yesterday. It is now tracking 0.6 per cent h…

US China trade talks, Trump & Democrats clash: Aus shares to open higher

12 Dec 2018 - Australian shares are set to open higher despite a volatile session on Wall Street overnight. Shares of Sonic Healthcare (ASX:SHL) will be placed into a trading halt,…

ASX claws back, CBA sees more remediation costs: Aus shares gain 0.4%

11 Dec 2018 - Market Wrap. The Commonwealth Bank of Australia (ASX:CBA) hit with $100m provision on the back of higher than expected financial crime compliance. QBE (ASX:QBE) annou…

ASX 2018 wild ride continues: Aus shares 0.1% higher at noon

11 Dec 2018 - Mid session report. Shopping Centres Australasia Property Group (ASX:SCP) downgraded by GS but YOY its shares are up 10%. Charter Hall Retail REIT (ASX:CQR) outperfor…

Brexit bites, Wall Street recovers from session lows: Aus shares to open higher

11 Dec 2018 - Australian shares are set to open higher following a recovery on Wall Street. QBE (ASX:QBE) says it has simplified its group portfolio with sale of its insurance oper…

Markets close in the red: ASX closed 2.3% lower

10 Dec 2018 - The ASX fell today to a 23-month low today, weighed down by the major banks. Materials has the least losses with gold miners the best performers in the sector. Health…

ASX 12% away from 10-year high: Aus shares 1.6% lower at noon

10 Dec 2018 - Mid session report. Home loans rise, beating expectations. IOOF Holdings (ASX:IFL) Chairman and MD step down, stock marked as neutral 'high-risk' by Citi. Bank of Que…

Dow sheds more than 500 points: ASX to open lower

10 Dec 2018 - A weaker than expected jobs report and simmering US-China trade tensions rattled investors. Cloud and telco business Inabox (ASX:IAB) has agreed to MNF Group’s (ASX:M…

Market up 0.3% over week: Aus shares close 0.4% higher Friday

07 Dec 2018 - After a positive open and some rallies this morning the local bourse lost some ground in the afternoon, but still managed to close 0.4 per cent higher. This rebound c…

Middle of the day lift for ASX: 0.7% higher at noon

07 Dec 2018 - The ASX has rebounded from its three day sell off with most sectors trading higher at noon and just Materials lagging, despite the iron ore price trading under US$67.…

OPEC talks end without oil deal: ASX set to open lower

07 Dec 2018 - The ASX is set to fall this morning as the uncertainty over the US-China trade deal rumbles on. OPEC talks ended without a deal on oil production cuts. All European s…

Flat finish: Aus shares close 0.2% lower

06 Dec 2018 - Flat finish: Aus shares close 0.2% lower. Wesfarmers (ASX:WES) has completed the sale of all the ordinary shares in Coles Group Limited (ASX:COL) required to be sold …