Evening Report: Aussie Shares Snap 3-Day Winning Streak
The Australian sharemarket eased by 0.38% on Friday due to losses from resource stocks and banks. The ASX 200 index edged higher this week.s
Read MoreThe Australian sharemarket eased by 0.38% on Friday due to losses from resource stocks and banks. The ASX 200 index edged higher this week.s
Read MoreAustralian Foundation Investment Company (ASX: AFI) CEO and Chief Investment Officer Mark Freeman discusses the recent changes made to their investment portfolio.
Read MoreThe Aussie market is looking to snap a three-day winning streak with the ASX 200 easing on broad-based losses led by materials and energy. The benchmark index is down close to 0.5% at lunch with only consumer staples providing much resistance.
Read MoreUS sharemarkets hit record highs during Thursday’s session. Investors were encouraged by China’s move to cut tariffs a day after the central bank cut interest rates.
Read MoreThe Aussie market has extended its winning run into a third day with the ASX 200 climbing 73 points or 1.05% to 7049 as investor concerns over the coronavirus ease globally. Banks, miners & CSL were the main contributors to what was broad based gains.
Read MoreLocal equities are lifting for a third day as US market hit record highs and the daily growth rate of coronavirus infection steady.
Read MoreUS sharemarkets rose on Wednesday. Investors were encouraged by strong economic data and reports of progress by scientists in developing treatments for coronavirus.
Read MoreWhile the Australian sharemarket edged higher for a second day, the gains fall short of recouping Monday’s losses. Markets likely to remain volatile as coronavirus spreads.
Read MoreLocal shares have followed global markets higher with the ASX 200 briefly breaking back above 7,000pts. Health, mining & tech names have been among the leading contributors while defensives such as consumer staples, utilities & gold underperform.
Read MoreUS sharemarkets rose sharply in response to the stimulus provided by China’s central bank.
Read MoreIt was an improved session for the Aussie market with the ASX 200 lifting 25 points or 0.37% to 6948. Retail stocks were among the most improved while energy names lagged. The Aussie dollar also rallied after the RBA kept rates on hold at 0.75%.
Read MoreLocal shares are modestly higher at lunch on Tuesday after the steep retreat seen on Monday. Health care names are the most improved, along with consumer discretionary operators. Shares in Temple and Webster (TPW) surged after reporting better than expected earnings.
Read MoreThe US sharemarket is up by around 0.5% with 1 hour of trade remaining; only enough to recoup a quarter of Friday’s declines as the coronavirus remains a concern.
Read MoreThe Aussie market suffered a heavy loss to start the new week and month with the ASX 200 sliding 94 points or 1.34% as concerns grow over the potential impacts of the coronavirus outbreak. Energy, mining and bank stocks were among the major drags while safe havens such as gold stocks improved most.
Read MoreThe ongoing concerns over the coronavirus outbreak has weighed on the local sharemarket as we move into the month of February.
Read MoreThe US sharemarket fell by 2.1% on Friday, making it the worst day in five months and enough to wipe out all of January’s gains for the Dow Jones.
Read MoreThe Australian sharemarket edged higher by just 0.1% on Friday, but still rose by 5% in January despite coronavirus concerns. Healthcare and tech stocks surged by around 11% this month.
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Read MoreLocal shares have followed the example set by their US peers overnight & moved higher on Friday. Investors have been encouraged by the assessment of the WHO which highlighted that Chinese authorities are managing the Coronavirus pandemic effectively.
Read MoreUS sharemarkets fell in line with other global markets on Thursday as investors dissected the economic and financial effects of the coronavirus.
Read MoreThe Aussie sharemarket fell by 0.3% on Thursday as coronavirus concerns continue. Newcrest (NCM) and Fortescue (FMG) both fell on underwhelming quarterly results while travel stocks lost ground.
Read MoreThe ASX 200 has seen mixed trade so far on Thursday as investor weigh a host of company updates. At the same the Coronavirus continues to demand attention as forecast assess the economic fall out.
Read MoreEarly gains fade as Coronavirus cast a shadow over sentiment.
Read MoreThe Aussie market rose by 0.5%, enough to recoup a third of Tuesday’s losses. Treasury Wine Estates was the main weight after warning of lower profits. Inflation picked up slightly and a rate cut next week is unlikely.
Read MoreLocal shares have recovered from the biggest one day sell off this year. Consumer staples have been weighed down by 22% fall of Treasury Wine Estates (TWE) shares. Banks are providing the foundation for the days gains.
Read MoreWith an hour of trade to go the Dow Jones index was up by 270 points or 1.0%. The S&P500 index was up by 1.2% and the Nasdaq index gained 140 points or 1.5%.
Read MoreThe Australian share market followed the trend established by most global markets in the last day. The ASX 200 suffered its worst day of year to day.
Read MoreGerald Stack, Magellan’s Head of Infrastructure explains how infrastructure stocks can maintain their defensive qualities by managing the impact of natural disasters.
Read MoreThe Australian sharemarket is in negative territory today with the concerns of impact from the Corona virus.
Read MoreThe US sharemarket is slumping for a second day as the coronavirus continues to spread. Travel stocks like airlines, travel agents, casinos and luxury brands remain under pressure.
Read MoreThe Aussie market has failed to hold onto earlier gains with the ASX 200 index finishing Friday’s session flat. The index rose 2.5pts or 0.04% at 7090.5 with banks and healthcare stocks pushing higher.
Read MoreThe Australian sharemarket is up by 0.3% at lunch; recouping around half Thursday’s losses as most sectors edge higher and the ASX 200 approaches all-time highs.
Read MoreUS sharemarkets were mixed on Thursday. Key indices bounced from lows after the World Health Organisation said the Novel coronavirus didn’t yet constitute an international public health emergency.
Read MoreThe Australian sharemarket had its biggest tumble of the year so far following a better than anticipated update on jobs growth. This has reduced the chance of a February rate cut.
Read MoreThe ASX 200 has fallen to session lows following the surprise drop in the unemployment rate to 5.1%. The benchmark index is down 50pts or 0.7% at lunch with expectations lowered for an interest rate cut when the RBA meets in Feb.
Read MoreAirlie Portfolio Manager, Emma Fisher, discusses where the team sees value in 2020 and puts a spotlight on stocks including Mineral Resources, Suncorp and CSL. Emma also outlines where the fund is positioned in relation to the retail sector and in particular their holdings in Premier Investments and Nick Scali. With Westpac under pressure following the Austrac scandal, Emma discusses their view on Westpac and the bank industry as a whole.
Read MoreUS sharemarkets eased on Wednesday. Investors monitored news of the spread of the Wuhan coronavirus in China.
Read MoreThe Aussie market has returned to its winning ways as it sets new record highs on what was broad based gains for the ASX 200. Every sector improved led by consumer staples as supermarket giants Coles (COL) and Woolworths (WOW) both jumped 3% or more.
Read MoreThe Australian sharemarket bounced back from a slow start and weak lead from Wall Street, hitting fresh record highs despite concerns of a potential coronavirus outbreak.
Read MoreUS sharemarkets eased on Tuesday. Investors focussed on news of the spread of a new coronavirus in China.
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