Evening Report: ASX reaches 13-month highs
The Aussie market is at 13-month highs with the ASX 200 lifting above 7,000 points for the first time since February last year. The benchmark index has now risen for 5 consecutive sessions.
Read MoreThe Aussie market is at 13-month highs with the ASX 200 lifting above 7,000 points for the first time since February last year. The benchmark index has now risen for 5 consecutive sessions.
Read MoreThe Aussie market’s recent rally continues to gather pace with the ASX 200 lifting for a fifth consecutive session and cracking the 7,000 point mark for the first time since 24 Feb 2020. Financials are leading broad improvements as all sectors lift.
Read MoreThe Dow Jones index closed up by 16 points or 0.1%. The S&P 500 index gained 0.2% to a record closing high. But the Nasdaq index fell by just 9.5 points or 0.1%.
Read MoreThe Aussie sharemarket rose by 0.6%, hit a seven-week high and closed in on a 13-month high thanks to gains across all sectors. For the first time in 2021, the ASX 200 improved for a fourth straight day.
Read MoreWhile the Aussie market has faded from this morning’s best levels, the ASX 200 is still lifting for a fourth consecutive day and remains near a 13-month high.
Read MoreTraders re-assessed the strength of recent gains. Economic data supported equity prices.
Read MoreScott Kelly, Manager of the DNR Capital Australian Equities Income Portfolio, gives us some key takeaways from the recent Australian reporting season.
Read MoreThe ASX 200 hit its highest close since February 16 on the back of broad improvements. The technology sector was a standout while travel stocks also lifted on news of a Trans-Tasman travel bubble to begin in a fortnight.
Read MoreThe Aussie market is lifting to start the new week with the ASX 200 supported by broad improvements. Technology and industrials are particularly strong and leading gains across all sectors.
Read MoreUS sharemarkets posted solid gains on Monday, hitting record levels in the case of the S&P 500 & Dow Jones, in response to better figures on jobs growth and activity in the services sector.
Read MoreThe Australian sharemarket rose for a second straight session, with the ASX 200 up 0.56% heading into a four-day long weekend. Technology and mining stocks rose most.
Read MoreThe Australian sharemarket is edging higher on 1 April, with mining and tech stocks lifting most. The ASX 200 has improved for six consecutive months thanks partly to the COVID-19 vaccine rollout.
Read MoreInvestors awaited details of US President Joe Biden’s reported US$2 trillion-$4 trillion infrastructure package with a proposal to lift the corporate tax rate to 28% to fund the plan.
Read MoreFollowing on from his keynote presentation at last week’s ShareCafe Hidden Gems Webinar, we spoke with DNR Capital’s Sam Twidale on all matters small-cap.
Read MoreThe ASX 200 has snapped its two-day losing run to finish the month and quarter with gains. The index rose 52pts or 0.8% to 6790 with all sectors rising. The local market has now risen for the past 6 months with a 1.8% rally in March.
Read MoreThe ASX 200 is well advanced at lunch on Wednesday. The index is lifting 89 points or 1.33% to 6,827 at midday.
Read MoreMega cap technology shares came under pressure from rising bond yields. Shares of Apple (-1.2%) and Microsoft (-1.4%) both fell.
Read MoreAussie shares got out of the blocks quickly before stumbling as the session progressed, similar to Monday’s performance. The ASX 200 fell 61pts or 0.9% and had its worst day since Feb 26 this year. Resources led declines while tech outperformed.
Read MoreThe Dow Jones index rose by 98 points or 0.3% to a record closing high after being down 160 points. But the S&P 500 index fell 0.1% and the Nasdaq index lost 79 points or 0.6%.
Read MoreThe Aussie market has snapped its 3-day winning run with rather broad losses to start the week. Technology and travel stocks were among weaker performers while miners advanced. Mortgage Choice (MOC) was a big winner receiving a $244 million takeover offer.
Read MoreThe Aussie market is easing from its firmer open with the ASX 200 softer at lunch. Losses are led by IT & consumer stocks with travel names hit by the snap 3-day lockdown in parts of greater Brisbane. The resources sectors are leading improvers.
Read MoreThe Dow Jones index rose by 453 points or 1.4%. The S&P 500 index lifted 1.7%, hitting a record closing high. And the Nasdaq index gained 161 points or 1.2%. For the week, the S&P 500 rose 1.6% and the Dow lifted 1.4%, but the Nasdaq slipped 0.6%.
Read MoreCatch up on the full webinar with a keynote presentation from DNR Capital & presentations from Alterra Limited (ASX:1AG), LBT innovations (ASX:LBT) , Plenti Group Limited (ASX:PLT) & Nanoveu Limited (ASX:NVU)
Read MorePresenter – Alfred Chong – Executive Chairman & CEO – Nanoveu Limited is a technology innovator that shapes vision through the power of modern and cutting-edge nanotechnology. Nano imprint science is applied to deliver vision-based applications that set it apart from competitors.
Read MorePresenter – Brent Barnes – CEO & Managing Director – LBT Innovations is a designer of advanced technology solutions for the medical industry. The company specializes in bringing advanced medical technologies to market.
Read MorePresenter – Daniel Foggo – CEO & Executive Director – Plenti Group Limited engages in the consumer lending and investment business. The company offers its services through funding platforms.
Read MoreSam Twidale – Portfolio Manager – Sam joined DNR Capital in September 2017 and is Portfolio Manager for the Australian Emerging Companies Fund.
Read MorePresenter – Oliver Barnes – CEO – Alterra Limited is an originator, developer, and manager of agricultural land and water assets in Australia.
Read MoreThe Australian sharemarket rose by 0.5% on Friday, lifting for a third day while having its best week since early February and is in its sixth straight month of gains.
Read MoreThe Dow Jones index rose by 199 points or 0.6% after being down 348 points. The S&P 500 index lifted 0.5% and the Nasdaq index gained 16 points or 0.1%.
Read MoreThe Aussie market managed to lift with a late spike pushing the ASX 200 11pts or 0.17% higher. The local market lacked much conviction in its moves as financials, & IT weighed while health and consumer discretionary outperformed.
Read MoreThe Aussie market is lifting from a flat start with the ASX 200 rising on strength from financials & healthcare in particular. Energy names are rebounding on a 6% rise in oil prices while technology lags.
Read MoreEuro Manganese (ASX: EMN) has announced a private placement to accelerate its high-purity manganese development program.
Read MoreInvestors responded to the positive testimony by the US Federal Reserve chair Jerome Powell and Treasury Secretary Janet Yellen to the Senate Banking Committee. But while financials, industrials and energy rose, technology shares eased.
Read MoreA speculative mania has touched many parts of the market. Platinum Asset Management’s Troy Augustus explains what’s driving the mania and how Platinum manages risk in speculative market environments.
Read MoreThe Australian sharemarket edged higher by 0.5% on Wednesday, with most sectors finishing higher. Around $5bn in dividends were distributed by a handful of companies while energy stocks fell heavily as oil prices declined overnight.
Read MoreThe Australian sharemarket is lifting despite a weak lead from Wall Street and a 6% tumble in oil overnight. Losses from energy stocks, miners and travel firms are being offset by gains across most sectors.
Read MoreUS sharemarkets were dragged lower by falls in financials and energy sectors. Oil fell 6% on worries about extended lockdowns in Europe. The Dow Jones index fell by 308 points or 0.9%. The S&P 500 index lost 0.8%.
Read MoreThe Australian sharemarket failed to hang onto this morning’s gains, with the ASX 200 closing 0.1% lower on Tuesday. BHP snapped a six-day losing streak and paid investors a record dividend, while Airtasker rose 61.5% on its first day of trade.
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