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
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 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
At least seven companies are grinning after a mostly positive day of trade on the Australian Stock Exchange. Tuesday saw the markets have some modest gains at the open, climbing 0.4 per cent to 7,342 points early on in the session. But a late fade saw the market close upContinue Reading
Australia’s share market has had a depressing end to the week, slumping by over half a percentage point after two record-high days. The ASX200 closed lower on Friday, dropping 52.30 points or 0.70 per cent to 7,403.60. The fall came after two consecutive days where a new 100-day high wasContinue Reading
A US bank that was teetering on the brink of collapse has been shored up after some of its rivals made deposits worth billions of dollars. In the past week, three American banks have collapsed – Silvergate Capital, Silicon Valley Bank (SVB) and Signature – sending the market into meltdownContinue Reading