Evening Report: Aussie shares snap 2-week winning streak
The Australian sharemarket fell by 0.5% on Friday, slipping for a third day and failing to extend the market’s winning streak to a third consecutive week. Energy stocks fell most.
Read MoreThe Australian sharemarket fell by 0.5% on Friday, slipping for a third day and failing to extend the market’s winning streak to a third consecutive week. Energy stocks fell most.
Read MoreThe Australian sharemarket is down slightly for a third day but has bounced off this morning’s lows. Energy stocks are the hardest hit following a 7.1% decline in oil prices.
Read MoreAt the close of trade, the Dow Jones index fell by 153 points or 0.5% after hitting intraday record highs earlier in the session. The S&P 500 index lost 1.5% and the Nasdaq index dropped by 409 points or 3.0%.
Read MoreShareCafe’s Tim McGowen spoke with Steve Promnitz, CEO of Lake Resources (ASX: LKE) about what VW’s announcement that it would build six new battery factories in Europe means for the lithium space.
Read MoreThe Aussie market has faltered for a second day in a row with the dovish stance by the US Fed & surprise boost in local employment unable to give the ASX 200 a rise. The index fell 49 points or 0.73% to 6,746 as financials & healthcare weighed most.
Read MoreThe Aussie market is a touch softer in choppy trade so far on Thursday as tech, financials & property weigh against gains for resources. February jobs data points to a strong recovery in employment.
Read MoreUS stocks erased earlier losses after the US central bank signalled that it will hold off on rate hikes through to 2023. Shares of Dow (+4.5%), Boeing (+3.3%) and Caterpillar (+3.2%) led gains.
Read MoreAustralian biotechnology company Antisense Therapeutics Limited recently appointed Gil Price M.D. as a Consultant Medical Director. He spoke with with ShareCafe’s Tim McGowen about his new role.
Read MoreThe Aussie market has snapped its 3-day winning streak as investors await the outcome of the US Federal Reserve meeting. The ASX 200 dropped 32 points or 0.47% to 6,795 with mining and energy stocks among the worst performers.
Read MoreThe Aussie market is looking to snap its 3-session winning streak with the ASX 200 lower by 0.7% or 48pts towards midday. The market is broadly lower as investors await the outcome of the US Federal Reserve meeting early tomorrow.
Read MoreInvestors eyed the upcoming policy decision from the US Federal Reserve. The S&P 500 index fell after setting an intraday record high earlier in the session. The Dow Jones index was dragged down by shares of Boeing (-3.9%) & American Express (-2.5%).
Read MoreWhen we looked at equity markets for February, we’ve got to consider that we came off an exceptional 2020. Markets were up about 16% for the full year, despite all the noise, and despite all the concerns of a recession.
Read MoreThe Australian sharemarket recovered from a tentative open, with the ASX 200 lifting for a third consecutive day. While some resource stocks lost ground, around 80% of companies on the ASX 200 advanced.
Read MoreThe Australian sharemarket is advancing for a third day and is trading near the best levels of the session as most sectors lift.
Read MoreAt the close, the Dow Jones index was higher for the seventh straight session, up by 175 points or 0.5% to record highs. The S&P 500 index lifted by 0.7% to record highs. And the Nasdaq index gained 140 points or 1.1%.
Read MoreThe ASX 200 struggled for much direction for the majority of the session with the benchmark index lifting just 6 points or 0.09% to 6,773. Losses for iron ore miners & IT stocks weighed against improvements for energy, health & property.
Read MorePresenter – Sylvia Tulloch – Non-Executive Chairman – Zeotech’s aim is to create shareholder wealth by leveraging in-house novel exclusive mineral processing technologies to drive industry partnerships & future production of industrial mineral products & materials from their large kaolin deposit.
Read MorePresenter – Simon Kidston – Executive Director – Genex Power Limited is focused on developing a portfolio of renewable energy generation and storage projects across Australia.
Read MorePresenter – Martin Carolan – Executive Director – Global Energy Ventures business model is to build, own and operate integrated energy transport projects for either natural gas or hydrogen.
Read MoreA Keynote presentation will be provided by Tim Canham – Senior Portfolio Manager
Read MoreHoward Rae – Executive Director – Finance – EcoGraf is building a vertically integrated HFfree™ battery anode materials business supporting the global transition to clean energy and e-mobility.
Read MoreCatch up on the full webinar with presentations from First Sentier Investors, Global Energy Ventures (ASX:GEV), Genex Power (ASX:GNX), ZeoTech (ASX:ZEO) & EcoGraf (ASX:EGR)
Read MoreThe Aussie market is lacking much conviction with its moves to start the week as the ASX 200 trades mostly flat around midday. Losses for iron ore miners & tech names are being offset by gains for health & energy.
Read MoreAt the close, the Dow Jones index was up by 293 points or 0.9% to record highs. The S&P 500 index lifted by 0.1% to record highs. But the Nasdaq index was down by 79 points or 0.6%.
Read MoreThe Australian sharemarket rose by 0.8% on Friday, making it the best gain of the week. While all sectors improved gold miners, A2 Milk, Treasury Wine Estates and Flight Centre came under pressure.
Read MoreThe Aussie market is firmer following a stronger session on Wall Street. The ASX 200 is on track for its second consecutive weekly improvement. Today, IT, materials & resources are leading advances while consumer staples lag.
Read MoreAt the close, the Dow Jones index was up by 189 points or 0.6% to record highs. The S&P 500 index lifted by 1.0% to record highs. And the Nasdaq index was up by 330 points or 2.5%.
Read MoreThe Australian sharemarket finished flat in choppy trade, with the ASX 200 lifting by 0.6% on the open, briefly hitting a five-week low at lunch before recovering late in the session.
Read MoreThe Aussie market is retreating at lunch having opened higher, following gains on Wall Street. The ASX 200 is trading around five week lows as mining & tech stocks lead losses.
Read MoreThe rotation into cyclical and value stocks resumed. US House Democrats passed a US$1.9 trillion coronavirus relief package. Tame consumer prices data for February eased concerns about a spike in inflation and elevated bond yields.
Read MoreThe Australian sharemarket fell for the first time this week, with the ASX 200 closing at an intraday low, dropping 0.84%. The market was held back most by iron ore miners, banks and energy stocks.
Read MoreThe Aussie market has turned negative at lunch following a strong open. The ASX 200 is being weighed by losses for major miners following a 6.1% drop in iron ore prices while the big 4 banks also trade in the red.
Read MoreThe Dow Jones index closed higher by 30 points or 0.1% after hitting an intra-day record high. The S&P 500 index lifted 1.4% and the Nasdaq index climbed 465 points or 3.7%.
Read MoreThe Aussie market recorded its first back-to-back improvements for the first time in three weeks. It was a similar performance to Monday where early morning momentum stalled around lunch. Banks and health stocks helped lift most.
Read MoreThe Aussie market is experiencing a split in performance between the tech stocks and the rest of the market as investors continue to digest the moves higher for bond yields and the impact on high growth stocks.
Read MoreThe Dow Jones index climbed, led by value and cyclical stocks poised to benefit the most from an economic rebound, after US Treasury Secretary Janet Yellen said the US$1.9 trillion Covid-19 relief package would fuel a “very strong” US recovery.
Read MoreThe ASX 200 snapped back to back losses to end last week with a gain of 29 points or 0.434%. At one stage, the index was more than 100 points higher but faded throughout the afternoon. Banks, miners and staples performed best while technology & BNPL stocks weighed.
Read MoreThe Aussie market is roaring higher to start the new week with the ASX 200 surging 115 points or 1.7% to 6,825.
Read MoreUS sharemarkets rebounded from lows in a volatile session on Friday. US bond yields eased from highs. And the better-than expected lift in jobs buoyed investor sentiment.
Read MoreCatch up on the full webinar with presentations from Poseidon Nickel (ASX:POS), Open learning (ASX:OLL), PayGroup (ASX:PYG), Cirralto limited (ASX:CRO)
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