The Australian share market fell on Friday, led by drops in energy and mining stocks, but overall the ASX 200 ended the week 1.3 per cent higher thanks to strong gains on Thursday. The benchmark ASX 200 index lost 11.4 points, or 0.15 per cent, to finish the session atContinue Reading
The Australian sharemarket fell again on Tuesday as many companies continue to release half yearly results. The benchmark ASX 200 index fell by 0.2 per cent, or 11.3 points, to finish the session at 7603.6 points. The broader All Ordinaries also dropped 12.5 points, or 0.16 per cent, to closeContinue Reading
Domino’s share price has received a thrashing despite reaching new sales heights as the Australian share market rallied on Thursday to a three-week high. The S&P/ASX200 closed up Thursday, gaining 36.20 points or 0.48 per cent to 7,555.40, despite mixed trading on Wall Street, with losses offset by strong gainsContinue Reading
The Australian share market soared to its highest level since the start of August on Thursday after the US Federal Reserve kept rates on hold and flagged rate cuts would commence in 2024. At the closing bell, the S & P/ASX200 had climbed 1.7 per cent, or 120.1 points, toContinue Reading
The Australian share market firmed on Wednesday as healthcare, financials and materials stocks offset heavy losses booked by oil producers. The benchmark S&P/ASX200 climbed 0.3 per cent, or 22.5 points, to reach 7257.80 points, while the broader All Ordinaries rose a similar amount, to finish at 7469.10 at the closingContinue Reading
The Australian share market has kept up with Wednesday’s leap in prices, managing to maintain its level despite an early loss in energy shares. The market was just shy of breaking even on Thursday, down 5.10 points or 0.07 per cent to end the day at 7173.30. It managed toContinue Reading
The Australian share market ended its three-day losing streak on Thursday to edge higher after a positive lead from Wall Street as traders trimmed their bets that the US Federal Reserve can refrain from further rate hikes. The moves were triggered by the monthly ADP private payrolls report in theContinue Reading
The Australian share market tumbled lower to its lowest level in 11 months on Wednesday following a broad sell-off on Wall Street overnight. Stronger-than-expected job vacancies data, which showed the number of available positions climbed to 9.61 million in August, up from 9 million in July, fuelled traders’ fears thatContinue Reading
The Australian sharemarket recorded another steep fall on Wednesday, dropping a further 0.6 per cent to a six-month low after tracking losses on Wall St overnight. The local benchmark sank to a further 42.1 points on open, after tumbling below the 7000 mark on Tuesday despite the fourth consecutive ratesContinue Reading
The Australian sharemarket barely shifted on Wednesday despite inflation data jumping higher for the first time in four months. The Bureau of Statistics’ latest monthly inflation print showed consumer price growth rose to 5.2 per cent for the 12 months to August, up from 4.9 per cent in July. PetrolContinue Reading