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Market Reports

AMA Group (ASX:AMA) plunges on CEO controversy: Aus shares close 0.7% lower

27 Jan 2021 - After opening slightly higher, the market retreated in early trade and slid during the day to end 0.7 per cent lower at the close. Energy was hit the hardest, down 3.…

Tasmania tops economic rankings: Aus shares 0.7% lower at noon

27 Jan 2021 - The Australian share market edged higher at the open but quickly changed direction and has been tracking lower in the first 2 hours of trade. Materials is down over 3…

Global Covid cases poised to top 100 milllion: ASX to open lower

27 Jan 2021 - The ASX is set to take a tumble this morning amid a fall on Wall Street. The IMF has become more upbeat about the global economy, the World Economic Outlook now expec…

Tech and iron ore miners lift the market, Pfizer vaccine gets provisional approval from TGA: ASX closes 0.4% higher

25 Jan 2021 - The local sharemarket has kicked off the week on a positive footing rising 0.4 per cent or 24 points to 6825. Gains made by tech, consumer-facing companies and iron o…

Banks and iron ore miners offset energy losses, December trade surplus up $7.4b: ASX up 0.4% at lunch

25 Jan 2021 - The local sharemarket is up 0.4 per cent or 27 points to 6828 as we head into afternoon trade. On the futures market the SPI is 25 points higher. Iron ore miners are …

Wall Street ends a positive week mixed: Local shares set for modest gains

25 Jan 2021 - A modest gain is expected for local stocks today despite a weaker mixed finish for US markets on Friday.

Lynas (ASX:LYC) soars on US government deal: Aus shares up 1.3% over week

22 Jan 2021 - The Aussie share market lost ground early in the session and continued to lose momentum throughout the day to end 0.3 per cent lower. Preliminary retails trade figure…

Coca-Cola (ASX:CCL) volumes recover in Q4: Aus shares 0.1% lower at noon

22 Jan 2021 - The Australian share market has drifted lower in early trade following mixed leads from international markets and is tracking 0.1% lower at noon. The Healthcare secto…

Biden unveils federal pandemic response: Aus shares to open lower

22 Jan 2021 - The Australian share market looks set to open lower following mixed results in US markets and negative leads from Europe. Newly elected US President Joe Biden wasted …

Share market climbed to 11-month high: ASX closes 0.8% higher

21 Jan 2021 - It's been a positive day on the ASX as it climbed to an 11-month high. Information technology was the best performing sector as buy now, pay later stocks rose early i…

Unemployment rate fell to 6.6% in December: ASX tracking 0.7% higher at noon

21 Jan 2021 - The ASX shot up at the open and is now tracking 0.7% higher at 6,815 or 45 points higher. On the futures market the SPI is suggesting a rise of 32 points. Zip shares …

Joe Biden is sworn in as 46th President of the USA: ASX set to open higher

21 Jan 2021 - Following a lift on US markets overnight, the ASX looks set to open higher this morning. Donald Trump's presidency came to an end in the early hours of this morning w…

The sharemarket hits 6770.4 points: ASX closed 0.4% higher

20 Jan 2021 - Australia’s sharemarket closed higher today on news the US are looking to boost their economy with more stimulus. The S&P/ASX 200 index finished 28 points up or 0.4 p…

Consumer Sentiment fell by 4.5% in January: ASX tracking 0.5% higher at noon

20 Jan 2021 - The local bourse rose at the open and has remained steady in the first two hours of trade. The S&P/ASX 200 index is 33 points up or 0.5% higher at 6,775. Shares in P…

Yellen gives approval for more US stimulus: ASX poised to open higher

20 Jan 2021 - Following a boost on US markets overnight, the ASX looks set to open higher this morning. Janet Yellen, President-elect Joe Biden’s choice for Treasury secretary, is …

Payroll jobs decreased 5.5% in the fortnight to 2 Jan: ASX closed 2% higher

19 Jan 2021 - Australia’s sharemarket pushed higher as the consumer discretionary sector gained 2%. The S&P/ASX 200 index finished 80 points up or 1.2 per cent higher at 6,743. Sha…

Bingo (ASX:BIN) shares soar on offer from CPE: ASX tracking 1.2% higher at noon

19 Jan 2021 - The local bourse has continued to climb in the first two hours of trade with gains in the industrial sector. The S&P/ASX 200 index is 81 points up or 1.2% up at 6,744…

US markets closed for Martin Luther King Jr Day: ASX set to open higher

19 Jan 2021 - The ASX looks set to open higher. US markets are closed for Martin Luther King Jr Day. The price of iron ore continues to rise due to China’s demand. Back home, 25 co…

Retail results not enough to offset material losses: Aus shares close 0.8% lower

18 Jan 2021 - Australia’s sharemarket closed lower today despite a strong performance from some of our retailers. The S&P/ASX 200 index finished 52 points down or 0.8 per cent lowe…

ASX heads south: Materials sector drags on market BHP, Rio push lower

18 Jan 2021 - The local bourse has fallen in the first two hours of trade with gains in the health care sector unable to offset losses in the materials sector. The S&P/ASX 200 inde…

Wall Street ends a tough week lower: Aus shares to open lower, Chinese GDP figures ahead

18 Jan 2021 - Local shares are set for a weak start this morning. On Friday local shares trimmed a strong intraday rise to close flat. Buy now pay later giant Afterpay (ASX:APT) ha…

Tyro (ASX:TYR) plunges after scathing Viceroy report: Aus shares close flat

15 Jan 2021 - After edging lower at the open, the Australian share market had a sea-saw session which ended flat. Most of the sectors ended in the red. Information technology led t…

BNPL Payright (ASX:PYR) soars: Aus shares 0.3% higher at noon

15 Jan 2021 - The Australian share market opened slightly lower following negative leads from Wall Street, but is currently trading 0.3 per cent higher at noon. The tech sector is …

Weak US jobs data counteracts stimulus hopes: Aus shares set to open lower

15 Jan 2021 - Australian shares are poised to edge lower at the open following negative leads from Wall Street. The Dow and the Nasdaq hit record highs during the sessions on optim…

President Trump impeached for the 2nd time: ASX closes 0.4% higher

14 Jan 2021 - It has been a positive day of trade for the ASX. After opening higher, the market slightly dipped and then rallied throughout the day to end 0.4% higher. Over in the …