Evening Report: Aussie Shares Eased On Wednesday
Despite the Aussie market slipping by 0.1% today, the market is still up by around 5% this week and was helped by strong gains from the big banks today.
Read MoreDespite the Aussie market slipping by 0.1% today, the market is still up by around 5% this week and was helped by strong gains from the big banks today.
Read MoreThe Aussie market surged by 2.9% on Tuesday, following yesterday’s 2.1% lift with shares also hitting 11-week highs as global economies continue the gradual reopening process.
Read MoreThe Australian sharemarket jumped by 1% on Monday thanks to strong gains from energy and mining stocks. Banks weighed heavily on our market with Macquarie Group (MQG) slumping by almost 3% as it traded ex-dividend.
Read MoreThe Australian sharemarket slumped by 1.7% on Thursday, with Australia-China tensions and significant Aussie job losses keeping markets on edge.
Read MoreIt was quite a turnaround for the Australian sharemarket, with the ASX 200 finishing up 0.35% despite being down as much as 2% this morning. Banks and miners bounced back strongly.
Read MoreAustralian shares fell by 1.1% on Tuesday as COVID-19 cases lift in China and South Korea while trade tensions with China resurface.
Read MoreInvestors seem to be looking past the economic pain ahead, with Aussie shares lifting strongly on Monday. Travel stocks like Webjet and Flight Centre rose along with retailers as the economy slowly reopens.
Read MoreThe Australian sharemarket edged higher in unenthusiastic trade on Friday, with the ASX 200 lifting by 0.7%. The local market fell by 12% this week.
Read MoreThe Australian sharemarket is lifting by ~3% at lunch on Friday, as some of the recently hardest hit stocks bounce back. Banks, property, industrials, tech and energy are all lifting strongly in what has been a challenging week for the market.
Read MoreThe Aussie market fell by 3.4% on Thursday, hitting a four-year low with energy stocks down 7%, while airlines and retailers fell heavily. The RBA cut interest rates by 25bps as expected and announced other measures to support the economy.
Read MoreThe Australian sharemarket slumped by 6.4% on Wednesday, reversing Tuesday’s gains and taking the losses to around 30% in just 19 days. Coronavirus concerns continue to keep markets on edge.
Read MoreThe US sharemarket slumped by 12.9% last night, making it the biggest daily percentage decline since 1987. All 30 stocks on the Dow fell as world leaders ramped up their response to COVID-19.
Read MoreThe Australian sharemarket is coming under substantial pressure at lunch, following surprising rate cuts and stimulus from the US central bank which has spooked markets. Travel stocks remain some of the hardest hit.
Read MoreThe US sharemarket surged by 9.3% on Friday; its best daily gain since 2008 as global authorities step up their response to the coronavirus. Keep in mind shares slumped by 9.5% on Thursday.
Read MoreWhile the Aussie market had its second best day of the year on Thursday, local shares have easily wiped out all those gains at lunch on Friday. Coronavirus fears continue to keep markets on edge.
Read MoreThe US sharemarket is back in the red, with all 30 stocks on the Dow Jones slipping with an hour of trade remaining. Travel sensitive stocks like Carnival, Royal Caribbean, United & American Airlines are down 10-17%.
Read MoreThe Aussie market jumped by 1.1%; recouping a portion of Wednesday’s 1.7% tumble. All sectors improved.
Read MoreThe Australian sharemarket finds itself back in the red, erasing all Tuesday’s gains as almost all sectors head backwards. The Fed’s decision to cut rates by an aggressive 50bps between meetings seemed to spook markets globally.
Read MoreThe Australian sharemarket is lifting by close to 2% at lunch on Tuesday, with all sectors improving on hopes of rate cuts from a number of major central banks.
Read MoreThe US sharemarket is improving strongly in volatile trade on reports a number of major central banks are considering measures to stimulate their economies.
Read MoreThe Australian sharemarket has hit a 9.5-month low on Monday, slumping by around 13% from record highs hit just 1.5 weeks ago due to coronavirus fears and sluggish China data.
Read MoreWhile the US sharemarket slumped by around 12% last week due to coronavirus fears, the Dow Jones bounced off its Friday lows following the Fed signalling a potential rate cut to support its economy.
Read MoreThe Australian sharemarket slumped by 3.25% on Friday, slipped for the sixth day and hit a six-month low in the process due to coronavirus fears.
Read MoreThe Australian sharemarket is slumping by as much as 3.3% on Friday due to continued coronavirus concerns. All sectors are losing ground with the ASX 200 declining by close to 10% this week alone.
Read MoreThe Aussie sharemarket slumped by 2.3% on Wednesday, taking the losses this week to ~6%. In just three days almost all the market’s improvements this calendar year have been wiped out on coronavirus concerns.
Read MoreThe Australian sharemarket has added to yesterday’s declines as fears linked to the economic impact of the coronavirus escalate.
Read MoreWhile the Australian sharemarket eased by 0.3% on Friday, the ASX 200 hit an all-time high just yesterday. Most sectors lost some ground today.
Read MoreThe Australian sharemarket rose by 0.4% on Wednesday, posting a record close in the process. Wesfarmers, Fortescue, Domino’s, Fletcher and Webjet all rose on their latest profit results.
Read MoreThe US sharemarket remained closed last night due to the Presidents’ Day holiday. While European stocks edged higher, the Aussie market is set for a flat start on Tuesday.
Read MoreThe Australian sharemarket is down by 0.31% on Monday, with losses from the big banks ending the ASX 200’s four-day winning streak.
Read MoreThe US sharemarket was quiet on Friday as investors squared positions ahead of a long weekend. While the Dow Jones eased by 0.1%, the broader S&P500 edged higher to near record highs despite coronavirus concerns.
Read MoreThe Australian sharemarket edged higher on Friday, lifting for a fourth session and finishing just shy of a fresh record high despite coronavirus worries.
Read MoreThe Australian sharemarket is lifting for a second day, advancing by around 0.4% at lunch. A stronger profit result from CBA is contributing most to the market’s gains.
Read MoreThe Australian sharemarket eased by 0.14% on Monday ahead of dozens of companies posting profit results this week. Boral fell most after warning of lower profits while JB Hi-Fi surged on record results.
Read MoreThe Australian sharemarket eased by 0.38% on Friday due to losses from resource stocks and banks. The ASX 200 index edged higher this week.s
Read MoreLocal equities are lifting for a third day as US market hit record highs and the daily growth rate of coronavirus infection steady.
Read MoreWhile the Australian sharemarket edged higher for a second day, the gains fall short of recouping Monday’s losses. Markets likely to remain volatile as coronavirus spreads.
Read MoreThe US sharemarket is up by around 0.5% with 1 hour of trade remaining; only enough to recoup a quarter of Friday’s declines as the coronavirus remains a concern.
Read MoreThe US sharemarket fell by 2.1% on Friday, making it the worst day in five months and enough to wipe out all of January’s gains for the Dow Jones.
Read MoreThe Australian sharemarket edged higher by just 0.1% on Friday, but still rose by 5% in January despite coronavirus concerns. Healthcare and tech stocks surged by around 11% this month.
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