The Australian sharemarket closed lower on Monday, as investors priced in rising geopolitical uncertainty in the Middle East. The benchmark ASX 200 fell 0.46 per cent, or 35.6 points, to end the session at 7752.5, while the broader All Ordinaries index slipped 0.51 per cent, or 40.8 points, to endContinue Reading
The S & P/ASX200 closed lower on Monday, largely due to the fallout from the Israel-Gaza war in the Middle East The Australian market dropped 24.50 points, or 0.35 per cent, to 7026.50, with a dip in industrials and technology, down 1.8 per cent and 1.4 per cent respectively. CommSecContinue 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 share market soared on Friday as strong leads from Wall St and Europe, alongside better-than-expected data from China, pushed traders’ confidence about the global economic outlook higher. The S & P/ASX 200 climbed 92.5 points, or 1.3 per cent, to close at 7,279 points, while the broader AllContinue Reading
The local benchmark was down across the board on Monday after a negative lead in from Wall St overnight. The S & P/ASX 200 closed 0.7 per cent or 48.6 points lower, to finish at 7,230.4, while the broader All ordinaries also fell 0.7 per cent or 54.5 points toContinue Reading
So much for the “Santa rally”. A mini stocks revival triggered by positive US economic data faltered overnight Thursday, in a rare loss for a time of year that normally delivers good news for traders. Wall Street stocks fell at the open of trading, with more positive economic data promptingContinue Reading