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10Aug

Record highs in reporting season: Aus shares lift 1.8% by closing bell

10 Aug 2020 - It has been a positive day of trade for the Australian share market with the local bourse inclining steadily throughout the day to close in the green 1.8% higher. The banks led the pack and a long list of companies traded at record highs on the back of their investor updates, including Mesoblast. Kogan, Ansell, Sonic Healthcare, NextDC and Adairs. PAS Group (ASX:PGR) announced today it will sell its iconic Australian JETS Swimwear business to...

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05Feb

Philip Lowe says bushfires to take 0.2pp off GDP growth: ASX closed 0.4% higher

05 Feb 2020 - It has been a positive day of trade for the ASX the local bourse managed to close 0.4% higher. Orocobre (ASX:ORE) and Pilbara Minerals (ASX:PLS) saw rises and Resolute Mining (ASX:RSG) and Regis Resources (ASX:RRL) saw declines. CSG (ASX:CSV) report lodgement of court orders with ASIC approving scheme of arrangement with Fuji Xerox Asia Pacific.

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24Apr

Market set to defy negative economic data: Aus shares to open higher

24 Apr 2020 - The SPI Futures are pointing to a rise at the open for the Australian share market, despite a raft of negative international economic data overnight. It is pointing to a 0.2% gain. Communications and IT services provider, Speedcast International (ASX:SDA) intends to initiate voluntary financial restructuring in accordance with chapter 11 of the United States Bankruptcy Code.

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19Nov

Wall St mixed, Seek’s rating gets downgraded: ASX poised to lift

19 Nov 2021 - Major indexes around the globe were mixed. European markets fell on rising concerns on inflation. The local bourse continued to see weakness in banks. UBS downgraded Seek’s (ASX:SEK) rating but boosted target price.

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19Aug

US consumers spend $211 billion in online shopping boost: ASX poised to open lower

19 Aug 2020 - The ASX looks set to open slightly lower this morning after US stock futures were flat in overnight trading. The S&P 500 hit its highest level ever, a huge come back after the coronavirus losses. The US reports that e-commerce sales grew more than 30% between the first and second quarter of 2020, that's according to the US Department of Commerce. Consumers spent $211.5 billion online during the second quarter. Michael Hill International (ASX:MHJ) profits...

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21Jun

European banks rally, Iron ore falls 8%, RBA minutes, Graincorp, BHP, Zip Co on watch: ASX to rise

21 Jun 2022 - Wall St is closed for the Juneteenth holiday. Europe rebounded as dip buyers emerged, helped by banks and energy. RBA meeting minutes due. Five companies to keep an eye out for today on the ASX.

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31Aug

Wall St mixed, China slashes kids gaming time to 3h a week, Why Alumnia is bullish: ASX to rise

31 Aug 2021 - Global stocks rallied after the Fed’s symposium over the weekend. Technology names took the spotlight in Wall St while China tightens their grip around the gaming sector. Join me as I cover why youth of China under 18 years old can only be allowed to play video games for up to 3h per week. A slew of economic data while earnings results take a breather. Why Alumina (ASX:AWC) for stock watch.

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15Mar

Covid-19 fears spark Nasdaq, S&P 500 fall, China tech regulation bites again: ASX to fall

15 Mar 2022 - Wall St closed mixed amid ongoing concerns in Ukraine ahead of the Fed’s policy decision on Thursday. European shares rose on hopes of peace talks while price of oil & gold fell. China's tech sector comes under scrutiny again amid a fresh Covid-19 lockdown in China.

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26Aug

China fires shots in trade war, Trump tweets back: Aus shares 1.5% lower at noon

26 Aug 2019 - Market at midday: China hits 5-10% tariff on $75b of US goods - Trump raises China tariff amounts to 30% and 15%. Gold soars to US$1,545, Feb 2012 levels, gold stocks rally. Monash IVF (ASX:MVF) returns to earnings growth in 2H19, however FY19 NPAT fell 2.3% to $21m. Zip Co (ASX:Z1P) inks landmark debt funding deal to increase business scale.

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27Nov

The major US averages notch four-week win streak

27 Nov 2023 - The Dow Jones Industrial Average rose on Friday, as the major averages notched a four-week winning streak.

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