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ASX tumbles 7.1% over the week, its worst fall since March 2020

17 Jun 2022 - Australian shares sank again this week as recession fears continued to hit financial markets. The ASX 200 had its worst week since the pandemic started in March 2020,…

Tech leads broad sell-off yet gold stocks shine: ASX tumbles, down over 2% at noon

17 Jun 2022 - The ASX has tumbled this morning following Wall Street's fall overnight on heightened recession fears in the US. This comes after a renewed global sell-off as rising …

Tech leads broad decline: ASX falls for 4th day, closes 1.3% lower

15 Jun 2022 - The Australian sharemarket closed lower for its fourth consecutive session after shares fell further in the afternoon trade, with all eyes on tonight’s interest rate …

ASX suffers worst week since 2020: Aus shares close 1.3% lower

10 Jun 2022 - The ASX has suffered its worst week since 2020 after the financial sector was hit with a 9 per cent weekly slump. The market was under renewed pressure today, with al…

Energy, miners & tech fall, major banks rebound: ASX down 0.7% at noon

10 Jun 2022 - The ASX is off to another weak start following a red finish on Wall Street. Australian shares are on track for their largest weekly decline this year as markets diges…

Energy stocks rally, banks tumble: ASX closes 0.4% higher

08 June 2022 - The ASX finished higher despite easing back its gains in the afternoon session. All sectors closed higher, except financials, down 2.9% as major banks weighed. Energ…

Energy leads while tech weighs, Tabcorp jumps, Magellan tumbles: ASX closes 0.5% lower

06 Jun 2022 - The ASX remained in the red for the afternoon session following a weak lead from Wall Street. The Reserve Bank of Australia is set to meet tomorrow, which means inves…

Tech lags on growth fears, energy rally continues: ASX falls 0.5% at noon

06 Jun 2022 - The Australian sharemarket has retreated this morning after three weeks of gains ahead of the Reserve Bank of Australia policy meeting tomorrow.

Coal, lithium miners extend rally, Healius hit hard, CapVest drops Virtus deal: ASX up 0.7% at noon

03 Jun 2022 - The Australian sharemarket jumped at the open, almost recovering all of yesterday’s losses in a broad-based rally. If the momentum continues, the ASX 200 is on track …

Fortescue leads while lithium miners tumble: ASX closes 0.3% higher

01 June 2022 - The ASX held on to its gains in the afternoon session despite a big drop in lithium miners. Communication services led the pack, up nearly 2 per cent, followed by fi…

ASX 200 to retest 7,200? Gold miners rally, lifts Aus shares 0.8% at noon

25 May 2022 - Australian gold miners and banks offset the fall in information tech as investors ponder if China’s covid policy outweighs stimulus support in a slowing economy.

ASX jumps 1.1% on Federal election fever, BHP & Novonix soars, defying inflation fears for now

20 May 2022 - The federal election may bolster the nation’s shares regardless of who wins, if history is a guide. The ASX 200 has risen in the three months following eight of the l…

Brambles soars on takeover talks, Macquarie falls: ASX up 0.5% at noon

16 May 2022 - The ASX has advanced this morning buoyed by a jump in Brambles (ASX:BXB) and tech shares. This comes after an optimistic finish on Wall Street, which saw a relief-ral…

Tech stocks lead Friday's rally: ASX down 1.8% over the week

13 May 2022 - The ASX closed lower for a fourth week despite a rally on Friday’s session thanks to information tech. Tech’s gains were much needed after yesterday’s 8.7% dive as in…

Tech bulls roar after savage fall, Block, BHP, Telstra pop: ASX jumps 1.5% at noon

13 May 2022 - Australian shares are on track to close the week lower for its fourth week despite a risk on mode lifted by information tech. A much welcomed reprieve after yesterday…

Healthcare leads, NAB drops on ex-div: ASX fights back, closes 0.2% higher

11 May 2022 - After a volatile session, the Australian sharemarket made a comeback in the afternoon and closed in positive territory despite a rough start to the day and week. This…

Tech drags, GrainCorp falls despite profit jump, Magellan names new CEO: ASX down 0.2% at noon

11 May 2022 - The ASX opened lower before easing back some losses at lunchtime despite tech, financials and energy stocks still weighing on the index. This comes after Wall Street …

Magellan puts Guzman up for $140m sale, Westpac earnings beat, BHP falls: ASX tumbles 1.3% at noon

09 May 2022 - Long duration stocks are off the table today while defensive plays like CSL (ASX:CSL), Telstra (ASX:TLS) and energy stocks like Woodside Petroleum (ASX:WPL) are bucki…

ASX suffers worst day in 2.5 months on recession fears, panic-selling causes 3.2% tumble over week

06 May 2022 - Australian shares had an ugly day as investors sold off on fears that the pace of the interest rate hiking cycle would send the economy into a recession. Investors le…

Recession fears intensify as RBA upgrades inflation outlook: ASX sinks 2.4% to 2-month low at noon

06 May 2022 - Australian shares dived to its lowest level since 17 March in a broad-based rout led by information tech as recession fears intensified. Only a handful of stocks are …

Tech & energy rebound: ASX snaps 3-day losing streak, closes 0.8% higher

05 May 2022 - The ASX snapped its three-day loosing streak and rebounded to positive territory thanks to a boost in tech and resource stocks. The clarity from the Federal Reserve’s…

Tech & resources charge ahead: ASX rebounds, up 0.6% at noon

05 May 2022 - The ASX is rallying after three straight days of declines as technology and resources stocks charge ahead. The clarity from the Federal Reserve’s reassurance around a…

Tech leads ASX tumble, Travel stocks lift: Aus shares close 1.2% lower

02 May 2022 - The ASX had a rough session today ahead of the interest rate outcome tomorrow from the Reserve Bank of Australia. Meanwhile, a weak lead from Wall Street sent Aussie …

REX roars at Qantas on take-off, Tech rout, inflation rips ahead of RBA meet: ASX dives 1.6% at noon

02 May 2022 - Australian investors climb the wall of worries ahead of the interest rate outcome tomorrow from the Reserve Bank of Australia. This followed a negative lead from Wall…

ASX ends April with its best 2-day performance, closes 1.1% higher but with a weekly fall of 0.5%

29 Apr 2022 - The ASX had a buoyant session led by technology, communication services and consumer discretionary, while materials added the least in a broad-based rally. The Aussie…