Wednesday At The Close
The ASX 200 has closed up 22 points or 0.4% to 5,986 – led higher by strong gains in the energy and consumer staples sectors.
Read MoreThe ASX 200 has closed up 22 points or 0.4% to 5,986 – led higher by strong gains in the energy and consumer staples sectors.
Read MoreThe ASX 200 is moving higher in early trade, helped by gains in the materials, telco and consumer discretionary sectors. The ASX 200 is up 6 points or 0.10% to 5,951.
Read MoreAfter 2 weeks of negative trading the US markets open the trading week in positive territory. Helped by eurozone uncertainty and a higher US dollar. Gold and oil are under pressure while the banks and telcos move higher.
Read MoreEvery sector climbed higher today, helping the ASX 200 index finish up 0.3% or 17 points to 5,963.
Read MoreThe local sharemarket has kicked off the week a touch lower, extending last week’s losses. The ASX 200 is down 11 points or 0.2% to 5,945.
Read MoreThe minutes of the most recent meeting of the US Federal Open Markets Committee are to be released next week. With the market pricing in a December interest rate hike in the US, insights from the interest rate setting Committee will be raked over for clues on the likely path of monetary policy over the more medium term.
Read MoreInvestors debated whether the Republican tax reforms will be passed by the Senate. After passing the House of Representatives there is more opposition to the reforms in the Senate.
Read MoreThe ASX 200 has finished the session off the day’s lows, down 11 points or 0.2% to 5,945. The market was held back by falls in the financial and consumer discretionary sectors.
Read MoreThe ASX 200 is up 0.2% in early trade, adding to yesterday’s modest improvement. Gains in the healthcare, telco & financial sectors are helping to lift the market, while utilities and consumer staples are weaker.
Read MoreUS sharemarkets rebounded after US lawmakers in the House of Representatives passed the Trump Administration’s tax reform bill on Thursday.
Read MoreInvestors helped push the local sharemarket higher on Friday with the ASX 200 closing up 0.2% or 13 points to 5,957. Over the week though, the index fell 1.2% – its worst weekly performance since early June.
Read MoreThe local sharemarket is down 0.1% at mid-session, recovering some earlier losses. Santos shares have soared 11% after the company said it rejected a takeover offer back in August from Harbour Energy because it was too low.
Read MoreUS sharemarkets fell again on Wednesday. Energy and other commodity-dependent stocks fell in response to weaker oil and metal prices. Shares in Target fell by 9.3% after the retailer issued a disappointing forecast for the holiday season.
Read MoreThe ASX 200 has finished firmer, helped by strong gains in the energy sector. Santos shares soared 13% after the company said it rejected a takeover offer back in August from Harbour Energy. The ASX 200 rose 9 points or 0.2% to 5,943.
Read MoreThe local sharemarket is retreating by 0.4% at mid-session, held down by losses in the energy and materials sectors.
Read MoreThe energy sector was lower in response to a fall in the oil price. And shares in General Electric continued to fall, down 5.9%. At the close of trade the Dow Jones was lower by 30 points or 0.1% after being down 168 points in early trade.
Read MoreThe ASX 200 has finished in the red for a fourth session. Weaker than expected wage data for the September quarter disappointed investors, while mining & energy stocks were sold off following falls in commodity prices.
Read MoreThe ASX 200 is down 58 points or 1.0% to 5,963 as the dual citizenship saga deepens. Independent Tasmanian senator Jackie Lambie is the latest MP to be dragged into the crisis – after admitting her father was born in Scotland.
Read MoreUS markets rose as investors shrugged-off concerns over the future of the US tax reform plan. President Trump urged lawmakers to end the Obamacare individual mandates.
Read MoreThe local sharemarket has extended yesterday’s losses, weighed down by weaker than expected Chinese economic data and political turmoil in Australia as the dual citizenship saga deepens.
Read MoreThe local sharemarket is trading weaker on Monday, held back by heavy falls from ANZ and Westpac which are both trading ex-dividend. The ASX 200 is down 16 points or 0.3% to 6,013.
Read MoreIt’s all about the labour market with the dual highlights being the Wage Price Index and the Labour Force.
Read MoreShares in Intel lost 1.6% and Apple fell 0.3% with these two companies weighing most on the broader S&P 500.
Read MoreThe local sharemarket fell slightly on Monday, mainly due to losses from ANZ and Westpac which traded ex-dividend. The ASX 200 slipped 7 points or 0.1% to 6,021.
Read MoreThe ASX 200 is down 0.4% or 22 points to 6,027 – held back by falls in the materials and energy sectors.
Read MoreUS sharemarkets fell on Thursday as investors feared potential delays to the Republican tax package. But late in session the House of Representatives Ways and Means committee approved the tax proposal and it will go to a vote in the House next week.
Read MoreThe ASX 200 slipped 20 points or 0.3% on Friday hurt by heavy falls in the mining & energy sectors. Over the week though, the index rose 1.2%.
Read MoreHere’s a fantastic chart from the strategists at Credit Suisse this week:
Read MoreThe ASX 200 is up 0.2% or 13 points to 6,030 – remaining above the 6,000 point mark for a third session. A 3.6% fall in NAB shares is weighing on the market as the bank trades ex-dividend.
Read MoreUS sharemarkets edged higher to record highs on Wednesday. But there were growing doubts about the Republican tax plan, notably whether the plan may need to be watered down for it to pass Congress.
Read MoreThe local sharemarket has rallied on Thursday with the ASX 200 rising 33 points or 0.6% to a fresh 9.5 year high of 6,049. It’s the third straight day the benchmark index has closed above 6,000.
Read MoreUS sharemarkets were mixed on Tuesday, weighed down by weakness in financial and technology sectors but supported by demand for defensive stocks. Chinese Trade date due today.
Read MoreGains from the Commonwealth Bank helped the local sharemarket finish in positive territory on Wednesday, following the bank’s first quarter trading update. The ASX 200 rose just 2 points to 6,016.
Read MoreThe local sharemarket is trading a touch weaker on Wednesday, held back by losses in the Materials and Energy sectors. The ASX 200 is down 11 points or 0.2% to 6,002.
Read MoreTech shares rose after Broadcom made an unsolicited $103 billion bid for Qualcomm. Shares in Twenty-First Century Fox rose 9.9% on news reports indicating that Disney held talks to buy most of Fox’s assets.
Read MoreThe ASX 200 rallied 60 points or 1.0% to close at a near 10-year high of 6,014. The energy sector was the standout, surging 2.7%, while the materials sector gained 2.25%.
Read MoreThe local sharemarket is charging ahead, up 0.7% thanks to strong gains from the mining & energy stocks. The ASX 200 is trading at 5,995, after briefly hitting 6,000 in early trade.
Read MoreThe local sharemarket has made a soft start to the week, held back by losses in the Financial, Materials and Telco sectors. The ASX 200 is down 1 point.
Read MoreIt has been seven long years since the last increase in interest rates in Australia. Since November 2010, the RBA has either left interest rates on hold at its regularly monthly meetings, or has seen fit to cut them.
Read MoreIn US economic data, non-farm payrolls (employment) rose by 261,1000 in October (forecast +310,000) after a upwardly-revised 18,000 rise in jobs in September (previously -33,000). Average earnings were flat (forecast +0.2%) and the jobless rate fell.
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