Markets

The local sharmarket is improving for a sixth straight session. The ASX 200 is up 17 points or 0.3% to 5,778, buoyed by gains from resource & consumer discretionary stocks.

The ASX 200 has kicked off the week in positive territory, helped by a strong lead from Wall Street and gains from the Energy and Materials sectors. The ASX 200 is up 27 points or 0.25% to 5,748.

US sharemarkets finished at fresh record highs on Friday. Investors continued to be encouraged by the prospect of "phenomenal" tax cuts to be unveiled by US President Trump over the next 2-3 weeks.

The ASX 200 has climbed 0.7% or 40 points to 5,760, finishing firmer for a fifth straight session. The materials sector was the standout, surging 2.2%.

The ASX 200 has made a solid start to improve for a third straight session. The index is up 0.8% to 5,711 helped by a positive lead from Wall St and strong gains from energy & financial stocks.

US sharemarkets rose on Thursday after US President Trump promised to provide details of tax reform over the next 2-3 weeks.

The ASX 200 is down 3 points or 0.1% – held back by falls from some of the major banks. The miners are a major drag, with the sector down 1%.

Market volumes still low investors cautious in regard to possible tax changes and leadership outcomes in Europe year. gold the winner in this story.

The Australian share market has climbed 13 points or 0.3% with Utilities, Teclos and Industrials the standouts. The Materials sector was the laggard, falling 1.2%.

US sharemarkets posted modest gains on Tuesday with company earnings results generally driving trading. But the energy sector fell 1.7% in response to lower oil prices.

The local share market has extended yesterday’s gains, with the ASX 200 climbing 29 points or 0.5% to 5,651. Banks & Telcos gave the market a lift, while Energy and Utilities under performed.

The ASX 200 is up 5 points or 0.1%, helped by gains in the financial sector. Losses from utilities, miners & energy stocks though are holding the market back.

US sharemarkets were softer on Monday as investors switched from shares to safe-haven assets given the absence of fresh economic and corporate news. The Dow closed lower by 19 points or 0.1% while the Nasdaq was weaker by 3 points or 0.1%.

The Australian share market has managing to finish in positive territory, ending a three session slump. The ASX 200 rose 6 points or 0.1% to 5,621 with financials the main weight on the market.

The local share market is slightly weaker at mid-session, with the financials, telcos & consumer discretionary stocks the main weights on the market.

The Australian share market is up 0.4% boosted by gains on Wall Street which were driven by better-than-expected January US jobs data.

US sharemarkets rose on Friday with investors encouraged by solid job growth in the latest month. Also the S&P financials sector rose 2% after US President Trump signed an executive order to scale back industry regulations.

The Australian share market has failed to hang on to earlier gains, as mining, energy and consumer stocks retreated. The ASX 200 slipped 6 points or 0.1% to 5,615.

The Australian share market is up 0.3% at mid-session with losses from the Materials and Energy sectors preventing the market from making further gains.

US sharemarket indexes traded in tight ranges ahead of key jobs data to be released on Friday. Investors digested latest comments from President Trump as well as the latest earnings results. At the close of trade the Dow Jones index was lower by 6 points or less than 0.1% after trading in a 91 point range. The S&P 500 index was up by 0.1% while the Nasdaq was lower by 6.5 points or 0.1%.

Heavy losses from the Materials and Energy sectors saw the ASX 200 finish down 23 points or 0.4% to 5,621. Over the week the index dropped 1.6%, its worst weekly decline in three months.

The sharemarket is like a game of football in a minefield these days, with explosions going off regularly and investors in specific stocks getting blown to bits just as they thought they were about to kick a goal.

The Australian share market is extending yesterday’s gains, boosted by strength from the materials, energy and financial sectors. Utilities & Healthcare stocks are the laggards.

The US Federal Reserve kept the federal funds rate unchanged as expected in a target range of 0.50-0.75%.

The local share market has finished near the best levels of the day with the ASX 200 gaining 32 points or 0.6%. Mining & energy stocks were the standouts.

The local share market has given up earlier gains as financials came under pressure in late trade. The ASX 200 slipped 7 points or 0.1% to 5,645.

The Australian share market is firmer, kicking off the month of February on a positive note. The ASX 200 is up 0.4%, lifted higher by gains in the Telco, Materials and Energy sectors.

US sharemarkets fell again on Tuesday with technology and industrial stocks lower but offset by gains in pharmaceutical stocks. Shares in Goldman Sachs fell by 2.3%. Investors also booked profits at the end of the month.

US sharemarkets fell on Monday with airlines and technology stocks leading the declines.

The ASX 200 has finished the session down 0.7%, adding to yesterday’s 0.9% decline. The losses were again broad based, with the energy and mining stocks the worst performers.

Aussie shares continue yesterday’s losses with most sectors in the red. Energy and Materials stocks leading the declines.

The Australian share market has made a lacklustre start to the week with the ASX 200 down 58 points or 1.0%. Losses in the Materials, Financial and Energy sectors are weighing on the market.

The Dow Jones passed 20,000 for the first time at 1.30am on Australia Day (our time) and stayed there the following day. The rally continues.

US sharemarkets again consolidated recent gains on Friday. Economic growth data fell short of forecasts.

The ASX 200 has finished the session down 0.9%, with almost all sectors losing ground. Property trusts though bucked the trend, with the sector rising by 1.3%.

US sharemarkets posted solid gains on Tuesday with technology, the materials sector and banks doing best.

The ASX 200 has finished the session up 0.4%, adding to yesterday’s gains. The Materials sector jumped 2.0%, while the banks also improved, helping to lift the market higher.

The local share market is recovering from Monday’s one-month lows, up for a second straight session. The ASX 200 is up 0.3%, supported by gains from the banks & miners.

The local share market is recovering some of yesterday’s losses, with the ASX 200 up 0.4% at mid-session. The Materials sector is the standout, rising 1.2% on the back of firmer commodity prices.