Video

The ASX 200 is down 0.11 percent to 6,095.1. This makes it the first decline in five days, with the market still up 5.2 percent this week.

There were hopes for more fiscal stimulus. US President Trump said some discussions were ongoing with Democrats about boosting support for US airlines and providing Americans with $1,200 stimulus checks.

The ASX 200 closed 65.8pts or 1.09% higher to 6102. Gains from healthcare stocks, miners, tech & financials drove the gains.

The Australian sharemarket is up for a fourth day and has hit a fresh one-month high thanks to a strong lead from Wall Street and broad gains across the local Bourse.

US President Trump encouraged Congress to pass a series of standalone fiscal stimulus bills including support for the airlines. The Dow Jones airlines index rose by 3.5%. Investors digested minutes from the last Federal Reserve meeting. And investors await today’s Vice Presidential debate. The Dow Jones index ended higher by 531 points or 1.9%. The S&P500 index lifted 1.7% and the Nasdaq index gained 210 points or 1.9%.

The ASX 200 index closed towards the best levels of the day, rallying 7pts or 1.2% to 6,036.

The Australian sharemarket is improving for a third day despite President Trump tweeting his intention to halt stimulus negotiations until after the November election.

US sharemarkets fell in afternoon trade after US President Trump stopped talks on a fiscal stimulus package. The Dow Jones index ended lower by 376 points or 1.3%. The S&P500 index lost 1.4% and the Nasdaq index fell by 178 points or 1.6%.

The Australian sharemarket rose by 0.35% on Tuesday ahead of tonight’s Federal Budget, some uncertainty remaining about President Trump’s condition and a massive lift for equities on Monday.

The Australian sharemarket is easing at lunch as it consolidates on yesterday’s outsized gains.

Shares jumped after US President Trump said that he will be discharged from hospital on Monday evening after being treated for COVID-19. The Dow Jones index rose by 465 points or 1.7%. The S&P500 index gained 1.8% and the Nasdaq index climbed 2.3%.

The Australian sharemarket slumped by 1.4% Friday on news that President Trump and the First Lady tested positive for COVID-19. Worst week since mid-April for local stocks.

The Australian sharemarket has wiped out most of Thursday’s gains, with the ASX 200 down by 0.9%. Losses from miners, healthcare stocks and banks are weighing most.

Shares fluctuated as the White House countered House Democrats’ US$2.2 trillion fiscal stimulus package with a US$1.5 trillion-plus proposal, to include a US$20 billion aid extension for airlines.

The Australian sharemarket rose by 1% on Thursday, with all sectors and eight in every 10 companies lifting following a more significant 2.3% tumble on Wednesday.

The Australian sharemarket is lifting by 1.3% at lunch, following a more significant 2.3% slump on Wednesday. While all sectors are lifting, mining companies are standing out thanks to firmer commodity prices.

Investors were encouraged by firm economic data. Also Treasury Secretary Steven Mnuchin said he thought Democrats and Republicans could “reach a reasonable compromise” on a new stimulus bill. Shares in Moderna rose 0.3% after earlier being up 3.1% after it said that its trial COVID-19 vaccine produced encouraging results. The Dow Jones index rose by 329 points or 1.2% after earlier being up by 573 points. The S&P500 index was higher by 0.8% and the Nasdaq index rose by 82 points or 0.7%.

The Australian sharemarket slumped by 2.3% on Wednesday, which was more than enough to push the local bourse lower in September and the past quarter. Stocks slumped following a chaotic US Presidential debate.

The Australian sharemarket is down by around 1% at lunch, wrapping up what has been an uninspiring month and quarter for local stocks. All sectors are in the red.

Investors await the first presidential debate. Energy and financials fell the most. Investors also looked to square positions near the end of the quarter.

The Australian sharemarket finished flat on Tuesday, after hitting a three-week high this morning and lifting by as much as 0.75%. Local stocks remain on track to decline in September.

The Aussie market is trading slightly higher at lunch on Tuesday. The ASX 200 was closing in on 6,000pts at its earlier highs but has since faded to smaller gains with weakness from banks, miners and supermarket giants weighing heavily.

There were hopes for a new deal on fiscal stimulus and several corporate deals being struck. Devon Energy (+11.3%) said it would buy peer WPX Energy (+16.4%) for US$2.56 billion. Caesars Entertainment (+2%) disclosed a cash offer to buy London-based William Hill for £2.9 billion.

Local shares have started the week on the back foot with the ASX 200 slipping 12.6pts or 0.2% on Monday. Banking stocks pulled back after a strong rally on Friday while the major mining names also ended lower. The day’s standouts belonged to tech and travel stocks with the likes of Qantas (QAAN) and Webjet (WEB) up 6.5%.

The Aussie market is edging higher to start the new week with the ASX 200 overcoming a softer open to lift 0.1% around midday. Tech & travel stocks are among the standout performers while financials and infant formula maker The a2 Milk Company (A2M) are the main drags.

Catch up on the full webinar with presentations from Firefly Resources (ASX: FFR), Betmakers Technology Group (ASX: BET), Hazer Group (ASX: HZR), and Rox Resources (ASX: RXL).

There were signs that US lawmakers were making progress on a reported US$2.4 trillion stimulus package that could be voted on next week.

The Australian sharemarket rose by 1.5% on Friday and 1.7% this week. Today’s surge was mainly thanks to gains of between 3-7.4% for the major banks after the Federal Government announced changes to responsible lending rules.

The Australian sharemarket is up 1.5% on Friday thanks to gains from the big banks as the Federal Government announced plans to loosen responsible lending laws.

Sam Twidale, Portfolio Manager for the DNR Capital Australian Emerging Companies Fund looks at the long term opportunities in Australian small caps.

Homebuilders rose 0.7% after data showed the highest new home sales in 14 years. But waning hopes of more fiscal stimulus weighed on sentiment. Overall, economic data was mixed.

The Australian sharemarket fell by 0.8% on Thursday as all sectors lost ground. Despite the losses, the market did bounce off its lows, with the ASX 200 down as much as 1.7% this morning.