Overnight: Playing the Spread
An attempted bounce on Wall Street was short-lived as the ex-China virus count grows. Dow down -123.
Read MoreAn attempted bounce on Wall Street was short-lived as the ex-China virus count grows. Dow down -123.
Read MoreUS sharemarkets were volatile as investors digested news on COVID-19.
Read MoreIt will be a stronger start to trading on the ASX on Thursday, even though the futures market ended its session in the red to the tune of around 18 points. That is at least 90% lower than the fall on Tuesday.
Read MoreA third day of selling has now sliced almost $A130 billion from the value of the ASX 200 and all but wiped out 2020’s gains as fears about the upsurge in cases of COVID-19 outside China continued to escalate.
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 sell-off continues for local shares on Wednesday with the ASX 200 shedding another 140 points or 2 per cent to 6726 at lunch and making it the third successive session of losses over 100 points. Global markets are tumbling on concerns of the coronavirus spreading outside of China.
Read MoreVirus-related selling has continued across the globe. Dow down -879.
Read MoreThe US Centre for Disease Control warned Americans to prepare for the spread of the Coronavirus in the US.
Read MoreThe Dow has suffered its worst two day fall in history after it fell 879.44 points overnight on of top Monday’s 1,031 point plunge. Tuesday’s 3.15% slump pushed the index deeper into the red for 2020 with a loss now of 5.11%.
Read MoreLocal shares remained under pressure on Tuesday as investors grapple with the economic impact of the coronavirus. One consolation was that the ASX 200 ended off session lows after US stock futures traded higher in after-hours trade.
Read MoreThe Australian sharemarket has added to yesterday’s declines as fears linked to the economic impact of the coronavirus escalate.
Read MoreThe hit to economic activity is deepening & the risks around Covid-19 becoming a pandemic have risen leaving shares vulnerable to more near term falls. The key for most investors though is to recognise that periodic share market falls are inevitable & hard to time & so it’s best to take a long-term approach to investing.
Read MoreThe virus has shifted from epidemic to pandemic, sending stock markets tumbling across the globe. Dow down -1031.
Read MoreGlobal sharemarkets have fallen by up to 5.5% on fears about the spread of the coronavirus COVID-19 and its impact on global economic activity. US sharemarkets slumped on Monday in line with other global bourses with all 11 major S&P sectors lower.
Read MoreMarkets from Italy, Australia, the US, and South Korea have plunged in one of the most concerted selling waves seen since late 2018 as previously complacent investors finally awoke to the dangers posed by the coronavirus crisis.
Read MoreWarren Buffett has taken aim at corporate boards, calling for companies to make directors more independent and involved in the affairs of the company they oversee.
Read MoreThe rapid spread of the coronavirus (COVID-19) in South Korea and Italy triggered a sell-off across Asian markets yesterday.
Read MoreThe ASX 200 followed Asian Indices lower as investors focused on growth headwinds as a result of the Coronavirus.
Read MoreLocal shares are suffering the worst selloff so far in 2020 with the ASX 200 plunging 153 points or 2.1% to 6986 at lunch on Monday. The index is following a soft lead from Wall Street where the spread of the coronavirus outbreak outside of China is becoming a concern for investors. The outbreak has been a major cause of volatility for markets, just last Thursday the ASX 200 hit fresh all-time highs.
Read MoreUS sharemarkets fell on Friday – the fifth consecutive week that share indexes had settled lower on a Friday. Coronavirus concerns and softer US economic data weighed on indexes.
Read More89-year-old Buffett has used his annual letter to Berkshire shareholders to reassure them they should not be concerned about the future of the company, which is “100% prepared” for when he and 96-year-old Vice Chairman Charlie Munger are no longer around.
Read MoreNews on the Covid-19 outbreak will continue to dominate in the coming week, especially with China due to release its first survey of manufacturing activity for February on Saturday.
Read MoreA weak start for the ASX today after wall Street and other global markers sold off on Friday. The Australian dollar fell to under 66 US cents at one point to its lowest in over ten years (65.86) on fears of a big hit to Australian exports from the coronavirus, increased talk of RBA rate cuts and concerns about the US economy and a dollar that strengthened.
Read MoreBerkshire underperformed the market in 2019, rising by just under 11%, compared with a 31.5% total return in the S&P 500, including dividends. That was Berkshire’s biggest underperformance since 2009.
Read MoreThe Australian December half and full-year earnings reporting season wraps up this week around 40 major companies due to report. Leading the way will be the 12-month figures from Rio Tinto.
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 ASX 200 down by 15pts or 0.2% to 7,149.1. Despite the losses, the local market is still up by around 7% this calendar year in spite of the coronavirus concerns.
Read MoreThe new Lunar Year 2020 is the Year of the Rat. In this article, we look at what investors should expect in Australia’s equity market in the course of this auspicious year.
Read MoreA brief look at important company events and economic data releases next week.
Read MoreA sudden -400 point plunge in the Dow last night, before a recovery, had Wall Street shaken last night. Dow down -128.
Read MoreAussie dollar slumps as investors favour safe havens.
Read MoreInvestors were in a buoyant mood with the ASX 200 hitting fresh record highs. The index also managed a second successive record close. QAN shares took off despite the airline expecting to take hit of up to $150m due to the coronavirus.
Read MoreLocal shares rose this morning after Wall St hit record highs overnight on China stimulus hopes. Investors were also encouraged by the latest employment figures which revealed strong full time jobs growth.
Read MoreSlowing pace? Threat of market correction? Virus debate rages on Wall Street. Dow up 115.
Read MoreUS sharemarkets rose on Wednesday with the S&P 500 and the Nasdaq indexes hitting all-time highs on China stimulus hopes.
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 MoreInvesting in RARI will not impact climate change, but it will provide investors with a diversified portfolio of Australian shares with materially lower exposure to the risks from carbon emissions and reserves.
Read MoreThe Aussie market has had a fairly muted start with losses for the Commonwealth Bank (CBA), which is trading ex-dividend, offsetting positive reactions for companies releasing profit results.
Read MoreWith inflation low, and as long as recession is not imminent, it makes sense that traditional valuations like PEs are higher than their long-term average. Similarly, it makes sense that property yields are lower than normal, but the fall in Australian housing yields has been extreme relative to commercial property & shares.
Read MoreAn increasing number of virus-related profit warnings here and in the US is causing a bit of a rethink in terms of brevity of impact. Dow down -165.
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