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ASX

ASX on three-day winning streak

The Australian sharemarket extended its winning streak to a third day on Tuesday, buoyed by an increase in interest rate-sensitive stocks as traders await fresh US CPI data to be released on Wednesday night (AEDT). The benchmark S &…

ASX flat as investors await US data

The share market jumped to reach its highest level in almost three months on Monday morning before shedding early gains to finish flat at the end of trading.The benchmark S & P/ASX200 added just 4.1 points, to finish at 7,199 at the…

ASX surges as traders bet on rate cuts

The Australian share market soared on Wednesday with the benchmark posting its biggest daily gain in more than a year on hopes that the Reserve Bank is done raising rates. The benchmark S & P/ASX200 index vaulted 1.7 per cent, or 116.8…

ASX rallies ahead of RBA decision

It was a positive start to the week for the Australian share market which rallied on Monday as investors raised their bets that the Federal Reserve and other central banks had finished raising interest rates.Josh Gilbert, market analyst at…

ASX rallies in afternoon trade

The Australian share market rebounded strongly on Thursday, buoyed by gains in cyclical stocks, after a lacklustre start to trading. The benchmark S&P/ASX200 added 0.74 per cent, or 52 points, to reach 7,087.3, while the broader All…

ASX rebounds ahead of October CPI

The Australian share market rebounded on Tuesday as investors await fresh monthly inflation data scheduled for release on Wednesday.The benchmark index, the S&P/ASX200 added 0.4 per cent, or 27.6 points, to reach 7015.2 at the closing…

ASX climbs despite grim rates warning

The Australian share market rose on Tuesday as traders shrugged off the release of new Reserve Bank board minutes which showed it was prepared to hike interest rates again. The S&P/ASX200 added 0.3 per cent, or 19.8 points, to close at…

ASX drops as oil plunges

The Australian share market edged lower on Friday after energy stocks weighed heavily on the benchmark as oil prices plummeted overnight on fears of falling US and Chinese demand. The S & P/ASX200 lost 0.1 per cent, or 9 points, to…

ASX reaches eight week high

The Australian sharemarket surged on Wednesday after fresh US inflation figures buoyed Wall St as traders’ fears of further rate hikes eased.The S&P/ASX 200 index climbed 99.2 points, or 1.4 per cent, to reach 7105.9, its highest level…

Energy, real estate drag ASX lower

The Australian share market lost ground on Monday as losses in energy and real estate stocks dragged the benchmark lower. The ASX200 slipped 0.4 per cent, or 30 points, to close at 6,948.8 points. Utilities were the only sector to finish in…