Friday At The Close
The ASX 200 has finished down 0.1%, held back by falls from mining & energy stocks. Over the week, the index slipped 0.5%.
Read MoreThe ASX 200 has finished down 0.1%, held back by falls from mining & energy stocks. Over the week, the index slipped 0.5%.
Read MoreThe ASX 200 is down 0.9%, held back by heavy falls from energy and materials stocks. Overnight, the US Federal Reserve hiked rates to 0.50-0.75% and surprised markets by forecasting three more rate rises in 2017.
Read MoreUS sharemarkets fell after the Federal Reserve lifted the interest rate outlook for 2017. Ahead of the interest rate decision markets had been in a holding pattern. At the close of trade, the Dow Jones index was lower by 119 points.
Read MoreThe ASX 200 has finished down 0.8% losing all of yesterday’s gains after the US Fed forecast three rate hikes over 2017.
Read MoreThe ASX 200 is up 0.7% at mid-session, boosted by a positive lead from Wall Street where to Dow again hit a fresh record high. Every sector is gaining ground, with consumer discretionary stocks and utilities the standouts.
Read MoreUS sharemarkets rose to fresh record highs on Tuesday, as the US Federal Reserve began its two-day FOMC meeting. Eight of the major 11 S&P sectors were higher, with the technology sector rising by 1.6%.
Read MoreThe ASX 200 has finished up 0.7% or 39 points ot 5,584 – edging closer to its 2016 high of 5,611.
Read MoreThe ASX 200 is trading flat, with gains in the consumer staples and healthcare sectors offset by losses from the financials.
Read MoreUS markets starting the week with a fair bit of caution, banks and tech stocks weaker while energy stocks rallied again.
Read MoreThe ASX 200 has finished in the red for the first time in five sessions, slipping 17 points or 0.3%. The market was held back by falls from financials and miners.
Read MoreThe ASX 200 has kicked off the week in positive territory with the ASX 200 up 20 points or 0.4%. The energy sector is rallying 2.8% after non-OPEC members agreed to cut oil production.
Read MoreUS sharemarkets rose again on Friday to fresh record highs. The gains were broad-based. The S&P Consumer staples sector rose 1.4%, supported by the 2.5% lift in Coca-Cola shares after the announcement of a new CEO.
Read MoreThe ASX 200 has finished up just two points, held back by falls from Healthcare & Telco stocks. Energy stocks surged ahead, after non-OPEC members agreed to a deal to curb production.
Read MoreUS markets continued to move higher, the banks and home builders strong, retail a little weaker with 2 hours left to trade.
Read MoreThe Australian markets rose for the fourth straight day, took the gains this week to 2% and hit the best levels in four months in the process. Should local shares rise by another 1% next week, the ASX 200 will hit a 16-month high.
Read MoreUS sharemarkets posted solid gains on Thursday in line with Europe. Nine of the 11 S&P 500 sectors rose led by real estate. But healthcare and pharmaceuticals fell after President-elect Donald Trump vowed to bring down drug prices.
Read MoreThe ASX 200 posted its best 1 day gain in a fortnight led by banks and miners. Banks were underpinned by the notion that interest rates will remain lower for longer after yesterdays weak growth data. Miners rose on firmer iron ore prices.
Read MoreLocal shares have added to recent gains following gains on Wall Street which saw the Dow Jones and the S&P 500 trade at new record highs. Most sectors are higher with strong gains for banks and miners.
Read MoreThe local share market is up 0.5% boosted by gains from banks & telcos. A positive lead from Wall St has also helped, with the Dow hitting a fresh record high of 19,251 overnight.
Read MoreUS sharemarkets rose modestly on Tuesday. Banks and telecom stocks led the gains while utilities and materials lost ground. Shares in Boeing fell as much as by 1.4% after Donald Trump tweeted costs of 747 Air Force One were "out of control".
Read MoreExpectations that rates could stay lower for longer after today’s worse than expected GDP data helped the ASX 200 finish up 49 points or 0.9%.
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Read MoreThe local share market is firmer on Tuesday, boosted by strong gains from the Materials, Energy and Financial sectors.
Read MoreUS sharemarkets rose on Monday although gains weakened in afternoon trade. Nine of the 11 S&P 500 sectors were higher. Shares in Goldman Sachs rose by 2.2% after HSBC initiated coverage of the stock with a ‘buy’ rating.
Read MoreThe ASX 200 has finished the session in the middle of the day’s range, up 28 points or 0.5% to 5,428. Industrials were the best performers, while consumer discretionary and resource stocks also rallied.
Read MoreThe ASX 200 is down 0.8% amid political uncertainty. Italy’s Prime Minister resigned after being defeated in the country’s constitutional referendum, while New Zealand’s PM has also stepped down this morning.
Read MoreUS sharemarkets finished little-changed on Friday. Financials led the declines as investors booked profits.In US economic data, non-farm payrolls (employment) rose by 178,000 in November.
Read MoreThe ASX 200 finished down 0.8% following the resignations of the Italian PM and New Zealand PM. Healthcare and consumer stocks were the worst performers.
Read MoreUS sharemarkets were mixed on Thursday. Gains in energy and financial stocks were offset by falls in the technology sector. The growing expectation of a Fed December rate hike continued to lift financial stocks, with the S&P Financial sector gaining.
Read MoreThe ASX 200 finished down 1.0% on Friday to slip 1.1% over the week. Bellamy’s Australia (BAL) shares dropped 43.5% after warning of weaker-than-expected sales of its infant formula in China.
Read MoreThe local share market is down 0.4% on Friday, held down by falls from energy & mining stocks. Bellamy’s Australia (BAL) shares have plunged 34% after reporting weaker than expected sales in China.
Read MoreThe Organization of Petroleum Exporting Countries (OPEC) has agreed to cut production to 32.5 million barrels per day, a 1.2mbd (3.7%) reduction from October.
Read MoreA great day for Aussie markets driven by higher oil prices lifting energy and mining stocks. After OPEC agreed to cut output from January 2017 by nearly 4%.
Read MoreEnergy stocks have led the ASX 200 higher on Thursday after OPEC and Non-Opec producers agreed to cut oil out put. Local shares are rising for the first time this week, as energy and mining stocks surge following an OPEC deal reached last night. The ASX 200 is up 0.4% at lunch.
Read MoreThe local share market is trading flat at mid-session, held back by a near 2% fall in the materials sector.
Read MoreWeakness across the board on the base metal, precious metal and oil markets. While the US markets rally higher on strong economic data.
Read MoreThe ASX 200 finished down 0.3% on Wednesday, taking this week’s losses to 1.3%. Mining & energy stocks were the biggest losers today.
Read MoreAfter falls in Asia and Europe the U.S. markets started weaker. A real switch occurring as the indices fall from record highs. Money into utilities and tech stocks while the banks and insurers have fallen and the gas and oil companies are also down.
Read MoreFalls in the Telco and Materials sectors weighed on the market on Tuesday. The ASX 200 slipped 7 points or 0.10% to 5,457.
Read MoreThe ASX 200 is up 0.1%, boosted by gains in the financial and materials sectors. Telcos & consumer staples are weaker.
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