Tuesday At The Open
US sharemarkets rose on Monday as risk sentiment improved on US-China trade talk optimism and mergers and acquisitions activity.
Read MoreUS sharemarkets rose on Monday as risk sentiment improved on US-China trade talk optimism and mergers and acquisitions activity.
Read MoreThe ASX 200 is up 0.10% at mid-session, helped by gains in the telco and materials sectors. Woolworths, Primary Health Care and Fortescue Metals Group have released earnings results this morning.
Read MoreUS sharemarkets rose on Friday on hopes for an easing of trade tensions between China and the US.
Read MoreStrength in mining & energy stocks helped the Australian sharemarket finish the session in positive territory on Monday. The ASX 200 rose 5 points or 0.10% to 6,345.
Read MoreThe local sharemarket is up 0.1% at mid-session, helped by a positive lead from Wall Street and gains from the banks & telcos.
Read MoreThe Australian sharemarket edged up 0.2% on Friday, taking this week’s gains to 1%. The Aussie dollar though has eased further this week as the US dollar continues to strengthen, recording its sixth straight weekly decline.
Read MoreUS sharemarkets rebounded on Thursday. China’s Vice Commerce Minister Wang Shouwen is expected in Washington for talks on August 22-23 in a bid to resolve trade tensions.
Read MoreThe local sharemarket is giving back some of yesterday’s gains, held down by heavy falls in the materials and energy sectors following weaker commodity prices. Telstra shares are rallying after the telco released its full year results.
Read MoreUS sharemarkets fell on Wednesday, led lower by technology shares. Chinese technology giant Tencent’s shares fell by 6.7% after reporting its first profit decline in almost 13 years.
Read MoreThe ASX 200 has finished the session unchanged, with gains from banks & telcos offset by falls in the energy and materials sectors in response to weaker commodity prices.
Read MoreThe ASX 200 is virtually unchanged at midday, held back by a 3.3% decline in CBA shares as the bank trades ex-dividend. Healthcare and consumer staples stocks are rallying, supporting the market.
Read MoreUS sharemarkets rose on Tuesday. There was an easing of contagion fears flowing from the plunge in the Turkish lira. Positive earnings from retailers boosted investor sentiment.
Read MoreThe healthcare sector rallied 4.5% today, as CSL shares jumped 6.2% thanks to a positive earnings result. The ASX 200 rose 0.5% to a fresh 10.5 year high of 6,329.
Read MoreThe local sharemarket has regained yesterday’s losses, shrugging off a weak lead from Wall Street. Banks & miners are supporting the market, while Domino’s Pizza, Cochlear and Challenger are plunging on disappointing earnings results.
Read MoreInvestors shrugged off weaker than expected Chinese economic data on Tuesday. The ASX 200 jumped 0.8% to 6,299, helped by gains in the telco, energy and financial sectors.
Read MoreUS sharemarkets fell on Monday with investors watchful on contagion effects flowing from the Turkish economic crisis.
Read MoreThe Australian sharemarket has kicked off the week in negative territory, held back by concerns over US-Turkey tensions. The Turkish lira tumbled 18% on Friday, after talks between the US and Turkey on steel and aluminium tariffs stalled.
Read MoreUS sharemarkets fell on Friday with an economic crisis in Turkey weighing on the banking sector.
Read MoreAsian markets declined on Monday after talks between the US and Turkey regarding steel and aluminium tariffs stalled, sending the Turkish Lira plunging 18%. The ASX 200 slipped 0.4% to 6,252.
Read MoreThe local sharemarket is being held back by falls in the energy, materials and industrials sectors today, giving back some recent gains.
Read MoreUS sharemarkets were also mixed on Thursday. Booking Holidays shares fell by 5% after issuing a weak third quarter profit forecast.
Read MoreThe ASX 200 has slipped 0.3% on Friday, held down by falls from energy and industrials stocks. Over the week though, the index rose 0.7%.
Read MoreThe energy sector is under pressure on Thursday following a 3% fall in oil prices overnight. The benchmark ASX 200 index is up 0.2 though, lifted higher by gains from consumer dictionary and financial stocks.
Read MoreUS sharemarkets were mixed on Wednesday. China confirmed a 25% tariff charge on US$16 billion worth of US goods.
Read MoreFinancial, telco & consumer discretionary stocks improved on Thursday, helping the ASX 200 close up 0.5%. AGL shares fell 4% with investors disappointed with its FY19 guidance.
Read MoreStronger commodity prices have helped miners rise today. While CBA, AMP and Tabcorp shares are climbing, after releasing earnings results this morning.
Read MoreWe believe high compliance and cost burdens for investment banks will continue to see the “brain drain” of quality analysts from broking to funds management – thus exacerbating the trend of increasing inefficiency is likely to continue in small caps.
Read MoreUS sharemarkets posted firm gains on Tuesday as investors were encouraged by economic data and earnings results. There was much interest in speculation that Tesla could be taken private. Shares in Tesla ended higher by 11%. Dow up 127pts or 0.5%
Read MoreThe ASX 200 has regained some of yesterday’s losses, helped by gains in the materials and financial sectors. Investors were happy with earnings results out from CBA, Tabcorp and AMP, sending shares in those companies higher.
Read MoreLocal shares are weaker at lunch with the ASX 200 down 13 points or 0.2% at 6,260. Materials and telcos are the main drags on the market with energy stocks outperforming. Amcor (AMC) is down 5% after acquiring US based Bemis for US$6.8 billion.
Read MoreUS sharemarkets rose on Monday. Shares in Facebook rose by 4.5% on reports the social media company was planning new services. The Dow Jones index rose by 40 points. The S&P 500 index rose by 0.4% and the Nasdaq was up by almost 0.6%.
Read MoreLocal shares have closed weaker on Tuesday with the ASX 200 losing 19 points or 0.3% to 6253.9 to make it the fifth session out of the last seven in negative territory. The main weights on the local bourse came from the materials and telcos.
Read MoreThe Australian sharemarket is recovering some recent losses helped by strong gains in the materials and financial sectors as miners BHP & Rio Tinto lift. The ASX 200 is up 30 points or 0.5% to 6265 with lighter trade due to the bank holiday in NSW.
Read MoreUS sharemarkets rose on Friday, supported by firm economic data and earnings results. So far, 406 companies of the S&P 500 have reported earnings and 78.6% of results have beaten expectations.
Read MoreThe ASX 200 has finished in positive territory on Monday, closing 38 points or 0.6% higher at 6273. It was a light day of trade with a bank holiday in NSW and public holiday in NT. Materials & financials were the main contributors to the gains.
Read MoreThe ASX 200 is recovering some recent losses helped by strong gains in the energy, IT & consumer discretionary sectors. Retail sales rose 0.4% in June ahead of consensus forecasts for a rise of 0.4%.
Read MoreUS sharemarkets ended mixed on Thursday with the Dow Jones index down slightly but the broader market was firmer.
Read MoreThe ASX 200 has finished in the red on Friday, taking this week’s losses to 1% as banks & miners recorded heavy losses. In economic news, Retail sales rose 0.4% in June ahead of consensus forecasts for a rise of 0.3%.
Read MoreThe ASX 200 is down 0.2% on Thursday, held back by falls in the telco and materials sectors. Overnight, the US Federal Reserve left rates on hold, as expected.
Read MoreThe US sharemarket finished mixed in overnight trade. With US-China trade disputes remaining a worry, the Dow Jones and S&P500 were under some pressure. Apple’s bigger profit result yesterday has helped lift the NASDAQ.
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