The ASX 200 closed flat at 8,808 on Tuesday, marking a second subdued session as traders tracked escalating tensions in the Middle East. The U.S. launched a third night of strikes against Iran, while two tankers were hit in the Strait of Hormuz after Washington reinstated its blockade of Iranian sh…
The ASX 200 closed almost flat at 8,808 on Monday, with strength in communications, finance, and energy minerals offsetting weakness in tech, industrials, and consumer stocks.The local market pulled back from the prior session’s gains amid weaker U.S. stock futures, with traders anticipating a heav…
Australian shares eased in early Monday trade, with the ASX 200 hovering near 8,797 after last week’s strength.Sentiment was dampened by weaker U.S. futures and renewed geopolitical tension, as reports of U.S.–Iran airstrikes and Tehran’s closure of the Strait of Hormuz weighed on risk appetite.Inv…
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The ASX 200 rose 44 points, or 0.5%, to close at 8,806 on Friday, snapping a four-session losing streak after a subdued start amid gains in miners, financials, and industrial stocks.Mining shares rallied as iron ore and copper prices strengthened, with heavyweight BHP Group, Rio Tinto, and Fortescu…
By Aamir KhalidAustralian shares closed lower on Tuesday, pressured by weakness in mining and gold stocks, though support from bank and technology companies helped limit the benchmark's losses.The S&P/ASX 200 index ASX:XJO ended 0.3% lower at 8,803.90 points, extending its fall from the previous se…
Australian shares were little changed on Tuesday as losses in gold, mining and consumer stocks countered gains in banks and tech stocks, while software heavyweight WiseTech Global jumped to its highest in near three weeks after naming a new chair.The S&P/ASX 200 index ASX:XJO fell 0.1% to 8,824.70…
Australian shares slipped for a second session Tuesday, with the ASX 200 easing 40 points, or 0.4%, to 8,791 in Tuesday morning deals.Losses were broad-based across non-energy minerals, electronic tech, energy, and consumer names, as investors remained cautious ahead of key June CPI and PPI prints…
Australian equities look set for an uncertain start despite a positive lead from major U.S. indices. Local stock futures are up by 0.03% ahead of Tuesday's session, having sat lower by the same amount on Monday evening. That could point to a slow start for the S&P/ASX 200 benchmark index, which ope…
Australian shares edged lower on Monday as losses in financials and consumer stocks offset gains in commodities stocks, while Vault Minerals surged to a near four-month peak after a $5.6 billion takeover approach from Genesis Minerals.The S&P/ASX 200 index ASX:XJO fell 0.2% to 8,826, as of 0008 GMT…
Welcome back to the 52-Week Series, where we recap the S&P/ASX 200 stocks that have hit fresh yearly highs and lows over the past week. Tracking this data point helps identify emerging trends across various stocks and sectors.When clusters of stocks within a sector reach new highs or lows, it often…
Australian shares were set to open lower on Monday, weighed down by losses in iron ore miners due to weaker iron ore prices, while gains in gold and oil stocks, underpinned by firm commodity prices, were expected to temper some losses.The local share price index futures (YAPcm1) fell 0.4%, trading…
S&P DOW JONES INDICES:
By Aamir KhalidAustralian shares logged their best week in three on Friday, with gains in miners and banks, as global risk sentiment improved after softer-than-expected U.S. jobs data eased further Federal Reserve rate-hike bets.The S&P/ASX 200 index ASX:XJO closed 1.4% higher at 8,844.40 points, i…
The ASX 200 surged 120 points, or 1.4%, to end at 8,844 on Friday, snapping back from a muted prior session to an over one-week peak.Sentiment improved as stronger U.S. stock futures offset Wall Street’s mixed lead Thursday ahead of the Independence Day holiday.Traders also shrugged off the Reserve…
CANBERA (dpa-AFX) - Asian stock markets are trading mostly higher on Friday, following the mixed cues from Wall Street overnight, as traders are optimistic the US Fed will hold rates this month and potentially in September after the release of U.S. jobless data that showed employment in the U.S. in…
Australia's PEXA Group ASX:PXA warned on Friday that a draft proposal to cut transaction fees in New South Wales would reduce its annual revenue, sending the property exchange platform operator's shares to a record low.The group said the proposal from the New South Wales Independent Pricing and Reg…
Australian stocks climbed 82 points or 0.9% to 8,806 on Friday morning deals, rebounding from a subdued session the day before amid stronger U.S. equity futures after Wall Street ended mixed overnight after weak U.S. jobs data.An upward revision in Australia's private sector activity for June boost…
Australian property exchange platform operator PEXA Group ASX:PXA warned on Friday that a New South Wales pricing regulator's proposed fee cuts would strip around A$70 million ($48.41 million) from its annual revenue, sending its shares to a record low.PEXA Group shares tumbled as much as 17.3% to…
Australian shares rose on Friday, driven by sharp gains in gold miners after bullion prices jumped on weaker-than-expected U.S. non-farm payrolls data, while general insurer Suncorp slid after lowering its annual premium growth forecast.The S&P/ASX 200 index ASX:XJO gained 0.4% to 8,756.80 by 0010…
