AM Report: Flat Start Likely For Aussie Market
Here’s what you need to know for the day ahead.
Read MoreHere’s what you need to know for the day ahead.
Read MoreThe Aussie market fell for a second successive session despite gains for major banks and miners. BHP lifted on an increased first half profit and interim dividend. It wasn’t such a good day for other reporting results with losses for Coles (COL), Altium (ALU) and Cochlear (COH).
Read MoreThe thing about bear markets is that they sometimes seem to come out of the blue unless you’re watching out for them. The Crash of 1987 happened without warning – or so it seemed to many- and so did the Tech Wreck of 2000 and the Global Financial crisis of 2008. So, in order to assist the thinking of the prudent, herewith follows some advice regarding what stocks could go wrong, or even badly wrong, in 2020.
Read MoreLocal shares started the session in much the same way they ended a day earlier with sellers gaining the upper. In sector terms Technology names have led the declines, reflecting a 15% fall in Altium (ALU) shares.
Read MoreWith Wall Street closed overnight, the focus yesterday was on a Japanese economy headed for recession.
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 ASX 200 managed to lift off the session lows to close 5 points or 0.07% lower at 7125 with financials the main drag. Communications & consumer discretionary stocks were the other weights on the top 200 index.
Read MoreKraft Heinz is causing more headaches for its biggest shareholder and financial supporter, Warren Buffett’s Berkshire Hathaway.
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 MoreA quiet start to the week for global markets with the Presidents Day Holiday in the US holding back activity after markets generally rose, but gains were constrained by ongoing concerns about the coronavirus outbreak after China announced a large increase in new cases.
Read MoreAnother interesting change of tack for Warren Buffett and Berkshire Hathaway with the discovery of a taste for retailing and biotech pharmaceuticals, a few more General Motors shares and importantly a big sell down in two key bank holdings.
Read MoreHeading into the busiest five days of the reporting season and dividend cuts, weaker profits, and downgrades have dominated the Australian December half year (and occasional full year) reporting, with the uncertainty caused by the bushfires and China’s coronavirus crisis just starting to emerge, but not yet fully shaped.
Read MoreThe US earnings season slows this week with retailers starting to report. Walmart, America’s largest retailer leads the way this week with more to follow next week.
Read MoreFriday saw the ASX 200 go close to the previous records, driven by the surging share prices for the Commonwealth and National Banks after reasonable updates from the pair last week.
Read MoreThe Covid-19 (coronavirus) outbreak will continue to dominate markets this coming week as investors attempt to assess whether it is being contained or not and the damage to economies and businesses around the world.
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 MoreA brief look at important company events and economic data releases next week.
Read MoreLocal shares held their ground in early trade on Friday, dismissing the lower finish on Wall St to be posting modest gains in early trade.
Read MoreMarkets were spooked yesterday by a sudden surge in the virus case count but confusion reigns over the implications. Dow down -128.
Read MoreUS sharemarkets were mixed as investors came to grips with a new methodology for measuring coronavirus cases.
Read MoreThe ASX 200 finished 15pts or 0.21% firmer to 7103.2, lifting for a third day, in what was a choppy day for the Australian sharemarket. Equities were driven most by mixed signals on the spread of the Coronavirus.
Read MoreFNArena’s weekly update on short positions in the Australian share market.
Read MoreChina has reported an easing in new virus cases. No one believes it, but Wall Street is happy to push on anyway. Dow up 275.
Read MoreUS markets have rallied with fresh all-time highs for the Dow Jones and S&P 500. The Dow is gaining over 200pts with an hour to trade. Investors are hopeful that the spread of the coronavirus in China has slowed to the lowest levels in two weeks.
Read MoreThe Aussie market improved for a second successive session with much of today’s gains due to the jump in CBA shares. The bank contributed nearly 20 of the 33 points made on the ASX 200 index, while Blackmores slumped nearly 13% on a negative update
Read MoreThe NZ Reserve Bank has again left its key cash rate unchanged on 1.0% while again reserving the right to change rates, especially if the impact of China’s coronavirus crisis proves to be bigger than currently expected.
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 MoreOur natural inclination to zoom in on negative news combined with a massive ramp-up in the availability of information is arguably making us worse investors: more fearful, more jittery, more short-term.
Read MoreThe numbers suggest the spread of the virus may have begun to slow. Meanwhile, Wall Street had other issues to deal with. Dow flat.
Read MoreUS sharemarkets retreated from record highs on Tuesday. There was positive news on the slowing of coronavirus cases.
Read MoreThe ASX 200 ended Tuesday’s session with a gain of 43 points or 0.6%. Every ASX sector ended higher – although solid gains for the big banks were the foundation. Hearing implant maker Cochlear (COH) ended lower following a profit warning.
Read MoreLocal shares have followed global markets higher with banks providing the foundation for the day’s gains. Earnings results from Northern star (NST), Challenger (CGF) & Transurban (TCL) also helped to lift the markets.
Read MoreGlobal markets are whipping around as virus fears ebb and flow. Dow up 174.
Read MoreWall Street remains buoyant despite concerns over the ongoing coronavirus outbreak. All major US indices are higher with the tech heavy Nasdaq outperforming and hitting record highs with roughly an hour to trade.
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 Aussie market is extending recent losses with the ASX 200 weighed most by losses from energy, mining and tech names. Gold stocks and JB Hi-Fi (JBH) are among the most improved with JBH impressing after releasing its first half results.
Read MoreUS sharemarkets eased from record highs on Friday as investors booked profits and squared positions at the end of the week. Employment data encouraged investors but some questioned whether stocks had risen too far, too fast.
Read MoreThe Australian December half earnings (and odd full year) reporting season ramps up this week just as the US December quarter season starts easing off.
Read MoreIt will be a slow start to dealing on the ASX today after a soft end to the week in futures trading on Friday night.
Read More