Latest Market News

Wall St gains, Incitech profit surges, NAB ex-div today, MAF’s target price rise: ASX to open flat

15 Nov 2021 - Mixed market around the globe as earnings season winds down amid hot inflation. U.S stocks rallied but closed lower for the week. Commodity players and travel stocks fell led to a weaker performance in Europe. Evergrande’s move saw a wave of enthusiasm in Asian markets. MA Financial (ASX:MAF) rated as a buy with Ords giving its target price a 90 per cent jump to $10.50.

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Wall St falls, Iron ore under US$90, CSL’s rating gets upgraded: ASX to dip

11 Nov 2021 - Wall St falls after inflation soars to highest since 1990. European markets despite food operator Hello Fresh falling on rival’s US acquisition. Asian markets mixed on hot inflation figures. The ASX dips for the 3rd straight day ahead of the big jobs report expected to see a fall of 50k jobs in October. Macquarie upgraded CSL’s (ASX:CSL) rating.

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Wall St gains, ANZ & MQG trade ex-div, CSR target price gets a boost: ASX to lift

08 Nov 2021 - Wall St extended its winning streak on a better-than-expected jobs report and positive results from trials of Pfizer’s Covid-19 antiviral pill. European markets rose as oil prices lifted energy stocks while International Airlines Group takes-off on Pfizer’s news. ASX had its best close on Friday since 16 September amid RBA’s November Statement on Monetary Policy. Morgan Stanley gives CSR’s (ASX:CSR) target price a boost.

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