Lunch Report: ASX falls on banking & resources losses
At lunch, the benchmark index is down roughly 30 points but was down as much as 55 points or 0.75% at its earlier lows.
Read MoreAt lunch, the benchmark index is down roughly 30 points but was down as much as 55 points or 0.75% at its earlier lows.
Read MoreUS consumer price inflation slowed a little in August as the prices of used cars slid, partially reversing the surge earlier in the year that helped boost the CPI to its highest level for more than a decade.
Read MoreMedia reports say Canada’s Teck Resources is exploring options for its future ownership of its coking (metallurgical) coal operations, the second largest export operation in the world after BHP.
Read MoreThe Dow Jones index fell by 292 points or 0.8%. The S&P 500 index lost 0.6%. And the Nasdaq index lost 68 points or 0.5%.
Read MoreUnder normal circumstances, a medium sized firm of 20 employees would occupy around 400 sqm of office accommodation located in the CBD. But these are not normal circumstances.
Read MoreAn allocation to both Australian and global equities can bring investors a broader choice of investment opportunities, as well as reduce volatility and enhance potential portfolio returns.
Read MoreWas Tuesday’s sharp selloff in Brambles shares an accurate reflection of what looks to have been a weak update or simply an overreaction from a nervy set of investors?
Read MoreRBA Governor Philip Lowe has repeated his belief (shared by the NAB in its latest monthly business survey) that the Australian economy will see some gloom before boom.
Read MoreAs BHP moves towards a major revamp, it has revealed it is going to lose two directors and has asked a third who planned to retire to hang on for another year to help oversee the changes.
Read MoreThanks to another year of good growing weather – especially in much of WA and NSW – as well as adverse conditions in the northern hemisphere, the value of Australian farm production hit a record $73 billion.
Read MoreThe Australian sharemarket recovered from a slight fall this morning to lift for a third straight day. Energy stocks were standouts thanks to oil prices hitting six-week highs.
Read MoreCalima owns a 100% interest in more than 60,000 acres of drilling and production rights in the Montney Formation (in British Columbia, Canada), one of the top ranked resource plays in North America.
Read MoreIncitec Pivot will take another round of losses from its troublesome Waggaman ammonia plant in Louisiana, but this time it’s not the plant itself at fault but nasty Hurricane Ida.
Read MoreThe Australian sharemarket is down slightly on Tuesday, due partly to losses from healthcare stocks, Brambles, Fortescue and tech stocks.
Read MoreWestpac might be stuck with the remainder of its South Pacific banking operations after the most logical buyer was finally ruled out by the PNG competition authorities.
Read MoreThe Dow Jones index rose by 262 points or 0.8% and the S&P 500 index added 10 points or 0.2%, both snapping a five-day losing streak. But the Nasdaq index lost 10 points or 0.1%.
Read MoreWith almost 60% of Australia currently in lockdown, and working and learning remotely, companies providing cloud computing software have been critical in allowing us some level of normality.
Read MoreIron ore shipments through Port Hedland to China fell in August to their second-lowest monthly total this year; the lowest if the Lunar New Year-impacted February data is excluded.
Read MoreAt a time when continuing Covid delta infections are worrying shoppers and investors in some listed retailers and their landlords, one new trust is looking to go deeper into the sector.
Read MoreA recent structural innovation now allows retail investors the ability to access global private equity investments via securities traded on major stock exchanges, as Steven Milch from Pengana explains.
Read MorePlenty of action in the travel sector yesterday, as the ACCC put the kibosh on a proposed alliance between QAN and Japan Air, and Sydney Airport finally relented to the ongoing bid for the company.
Read MoreT. Rowe Price Equity Specialist Sam Ruiz gives his thoughts on how global equity markets have played out so far across sectors and around the world in the September 2021 quarter.
Read MoreThe Australian sharemarket recovered in the final 30 minutes of the session to finish a touch higher for a second day. Gains from resource stocks, Sydney Airport & Aristocrat Leisure helped most.
Read MoreIn his weekly Bites column, David Bassanese from BetaShares gives us a rundown of what’s happening in markets, both local and global.
Read MoreThe Australian sharemarket is lifting for a second day, with the ASX 200 up by ~0.3%. Gains from mining and energy stocks together with Aristocrat Leisure and Sydney Airport are helping most.
Read MoreASX200 up 12 points (0.2%) to 7420. Qantas (-0.6%); the ACCC finds Qantas and Japan Airlines alliance not in the public interest.
Read MoreCatch up on the full webinar with a keynote presentation from Perpetual & presentations from OpenLearning (ASX: OLL), First Wave Cloud Technology (ASX: FCT), LBT Innovations (ASX: LBT) & Micro-X (ASX: MX1)
Read MoreJohn Grant – Executive Chairman – FirstWave Cloud Technology is an Australian-headquartered global cybersecurity company.
Read MorePeter Rowland – Managing Director – Micro-X Ltd is an award-winning ASX listed x-ray technology company.
Read MoreBrent Barnes – CEO and Managing Director – LBT Innovations is a groundbreaking designer of advanced technology solutions for the medical industry.
Read MoreAdam Brimo – CEO – OpenLearning is revolutionising online learning to be a social and engaging experience.
Read MoreA keynote presentation on technology will be provided by Thomas Rice, Portfolio Manager for Perpetual Limited’s Global Innovation Share Fund.
Read MoreThe S&P 500 index lost 0.8% and the Nasdaq index fell by 133 points or 0.9%. Over the week, the Dow fell 2.2%; the S&P 500 fell 1.7%; and the Nasdaq lost 1.6%.
Read MoreChina’s production and sales of new energy vehicles continued to surge in August, hitting new all-time highs while output of conventionally powered vehicles slid again for yet another month.
Read MoreWith the spectre of Covid Delta increasingly weighing on global economic and market activity, there’s a busy week of economic releases ahead, with UK and US inflation and local jobs data leading the way.
Read MoreA new price surge seems to be underway in some key commodity prices – aluminium, nickel and copper are seeing some encouraging runs, with lead, zinc and tin at or near recent highs.
Read MoreMarkets are going to be indulging in a spot of wondering today – mostly about what to do next as Covid Delta forces second thoughts about a whole raft of factors across the economic spectrum.
Read MoreFrom 1 October 2021, major changes will be implemented by APRA throughout Australia that will impact your income protection, regardless of your insurance provider. Norman Howe from Strat X has all the details.
Read MoreAll sorts of machinations continue to hold sway over the turbulent iron ore market, most of which stem from the Chinese government’s well-intentioned but ham-fisted attempts to mix ecological and economic concerns.
Read MoreWe understand you are busy and may not have been left with enough time to keep up with the quality content we’ve been bringing you throughout the week. So here it is in one handy location. You’re welcome.
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