Thursday At The Close
The local sharemarket has managed to finish just a touch higher – capping off a seventh straight session of gains. The ASX 200 closed up 5 points or 0.10% to 5,896.
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Market At Midday On Wednesday
The ASX 200 is trading higher for a sixth straight session – supported by gains from healthcare and financial stocks. The ASX 200 is up 11 points or 0.2% to 5,901 – edging closer to nine year highs.
Read MoreWednesday At The Open
US sharemarkets finished mostly higher last night thanks to healthy earnings from healthcare companies. UnitedHealth – the largest insurer in the US – and Johnson & Johnson beat analyst expectations for their quarterly results.
Read MoreWednesday At The Close
After recording five straight sessions of gains, the ASX 200 has today finished flat at 5,890 – having earlier broken above the 5,900 level.
Read MoreTuesday At The Open
US sharemarkets rose to all-time highs overnight thanks to gains from the banks. Comments by Fed Chair Janet Yellen at the weekend suggest interest rates remain on track to be raised in December. This helped bank stocks JP Morgan and Goldman Sachs.
Read MoreTuesday At The Close
The local share market has finished firmer again on Tuesday with the ASX 200 gaining 0.7% or 42 points to 5,889.
Read MoreMarket At Midday On Tuesday
The local share market is continuing to climb higher, after yesterday hitting a five month high. The ASX 200 is up 28 points or 0.7% to 5,885.
Read MoreMarket At Midday On Monday
The local share market has made a strong start to the week with the ASX 200 up 36 points or 0.6% to 5,850.
Read MoreStephen Koukoulas – China Inflation
The 19th National Congress of the Communist Party of China is being held amid a week where there is a torrent of data on the Chinese economy. In terms of the economy, the National Congress is likely to keep a focus on economic and financial stability whilst ensuring the risks from financial pressures linked to risks in the banking and property sectors are carefully monitored and managed.
Read MoreMonday At The Open
US sharemarkets rose on Friday. The Dow Jones rose by almost 31 points or 0.1%, the S&P 500 rose by 0.1% and the Nasdaq lifted 14 points or 0.2%. Over the week the Dow rose 0.4% and the Nasdaq and S&P 500 both lifted 0.2%.
Read MoreMonday At The Close
Every sector finished firmer on Monday, helping the ASX 200 close up 0.6% or 32 points to 5,846 – its best level since early May.
Read MoreMarket At Midday On Friday
The local share market is extending yesterday’s gains, helped by strength in the healthcare, telco & materials sectors. The ASX 200 is up 8 points or 0.1% to 5,802.
Read MoreFriday At The Open
US sharemarkets paused on Thursday following lacklustre quarterly earnings results from JPMorgan and Citigroup.US sharemarkets paused on Thursday following lacklustre quarterly earnings results from JPMorgan and Citigroup.
Read MoreFriday At The Close
The local share market has rallied 1.8% over the week – its best weekly gain in almost seven months. The ASX 200 closed up 19 points or 0.3% to 5,814.
Read MoreMarket At Midday On Thursday
The ASX 200 is trading flat at lunch, with gains from the miners offset by losses from the major banks.
Read MoreThursday At The Open
US sharemarkets rose on Wednesday, with key indexes hitting fresh record highs The Dow Jones rose by 42 points or 0.2%, the S&P 500 rose by 0.2% and the Nasdaq increased by 16 points higher or 0.3%.
Read MoreThursday At The Close
Buying continued in late trade with the ASX 200 closing up 22 points or 0.4% to close near a two month high of 5,794. The materials sector was the lone decliner, falling 0.65%.
Read MoreMarket At Midday On Monday
The ASX 200 is up 0.7% in early trade, boosted by a positive lead from Wall Street where US stocks have again closed at fresh record highs.
Read MoreWednesday At The Open
US sharemarkets rose on Tuesday, with key indexes hitting record intra-day highs. Shares in Wal-Mart rose 4.5% after forecasting US online sales would rise by 40% next fiscal year while also announcing a $20 billion buyback plan.
Read MoreWednesday At The Close
There were widespread gains on Wednesday, with every sector finishing firmer. The ASX 200 closed up 34 points or 0.6% to 5,772.
Read MoreMarket At Midday On Tuesday
The ASX 200 is trading in positive territory for a third straight session, up 8 points or 0.2% to 5,748.
Read MoreTuesday At The Open
US sharemarkets ended lower on Monday with the Columbus Day holiday trimming trading volumes. Declines in healthcare stocks were offset by gains in the technology sector. Investors are awaiting key economic data later in the week.
Read MoreTuesday At The Close
The ASX 200 has failed to finish higher for a third straight session, with early gains evaporating in late trade. The index finished down just 1 point to 5,738.
Read MoreMarket At Midday On Monday
The local share market has made a strong start to the trading week, with the ASX 200 up 41 points or 0.7% to 5,752.
Read MoreStephen Koukoulas – Housing Finance
With the eyes of the Reserve Bank firmly on the housing market, the release of the housing finance data will be scrutinised for more clues on the extent of the cooling in demand for housing. Over recent months, there has been a cooling in housing finance growth as a mix of tighter regulation, a lift in mortgage rates for investors and a more general souring in mood towards housing have all impacted.
Read MoreMonday At The Open
US sharemarkets ended flat on Friday. Employment fell for the first time in seven years, although hurricane activity affected the result. The Dow Jones fell by almost 2 points, the S&P 500 fell by 0.1% and the Nasdaq rose almost 5 points or 0.1%
Read MoreMonday At The Close
The local share market has finished the session in a positive fashion, extending Friday’s strong 1% gain. The ASX 200 closed up 28 points or 0.5% to 5,739.
Read MoreHealthy Health
Guess which sector of the Australian market has produced the best long-term performance. Banks? Resources? Think again. It’s health care.
Read MoreMarket At Midday On Friday
The ASX 200 is up 0.8% or 43 points to 5,695, boosted by strong gains from Wall Street which racked up an 8th straight session of gains overnight to again close at fresh record highs.
Read MoreFriday At The Open
US sharemarkets rose for an eighth consecutive day to fresh record highs on US budget and tax reform optimism. Technology stocks were strong performers.
Read MoreFriday At The Close
The local share market rebounded on Friday with the ASX 200 climbing 1% or 58 points to 5,710. Over the week, the index rose 0.5%.
Read MoreMarket At Midday On Thursday
The local share market is treading water on Thursday, with heavy falls in the financial sector weighing on the benchmark index. The Materials sector is the standout, rising 0.9%.
Read MoreThursday At The Open
US sharemarkets edged higher to fresh record highs on Wednesday supported by strong services sector economic data. US Treasury Secretary of State Rex Tillerson allayed market concerns that he considered resigning.
Read MoreThursday At The Close
After dipping in & out of positive territory in early trade, the ASX 200 has finished the session unchanged at 5,651. Qantas shares rallied to a new record high after a broker upgrade. The airline’s shares are up 84% so far this year.
Read MoreWednesday At The Open
US sharemarkets rose to fresh record highs on Tuesday, buoyed by the continuing rally in technology stocks.
Read MoreWednesday At The Close
Losses were widespread on Wednesday, with the ASX 200 closing down 49 points or 0.9% to 5,652.
Read MoreMarket At Midday On Wednesday
The ASX 200 is extending yesterday’s losses, down 0.6% or 36 points to 5,664. Every sector is losing ground, with the Energy and Utilities sectors the worst performers.
Read MoreMarket At Midday On Tuesday
US sharemarkets rose to record highs on Monday. Investors were encouraged by solid manufacturing data and optimism around US President Trump’s tax reform plans.
Read MoreStephen Koukoulas – Retail Sales
In a week heavy with data and the regular meeting of the RBA Board, there will be keen interest in the retail trade data for August. Making up close to one-quarter of GDP, trends in retail sales have an important influence on the strength of the economy.
Read MoreTuesday At The Open
US sharemarkets rose to record highs on Monday. Investors were encouraged by solid manufacturing data and optimism around US President Trump’s tax reform plans.
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