Australian shares were set to open the new financial year higher on Wednesday, as lower oil prices due to some signs of progress towards ending the Middle East conflict helped return some appetite lost on prolonged concerns about inflation.The local share price index futures (YAPcm1) rose 0.1%, a 5…
By Aamir KhalidAustralian shares slipped on Tuesday, dragged down by miners and gold stocks on weak underlying metals prices, as minutes of the central bank's latest policy meeting underscored concerns about inflation, cementing fears of further interest rate hikes.The benchmark S&P/ASX 200 index A…
FY26 is done and dusted, and let's be real here, it was a terrible time to be an Australia index investor. The S&P/ASX 200 finished the year pretty flat, up just 2.7%, in a year where miners single-handily propped the index into positive territory, and portfolio-favourites like healthcare, tech and…
The ASX 200 fell 45 points, or 0.5%, to close at 8,779 on Tuesday, snapping two sessions of gains as weakness in non-energy minerals, transport, and producer manufacturing weighed.Sentiment turned cautious after the Reserve Bank of Australia's June meeting minutes flagged inflation still well above…
CANBERA (dpa-AFX) - Asian stock markets are trading mostly lower on Tuesday, despite the broadly positive cues from Wall Street overnight, amid renewed uncertainty about the geopolitical situation in the Middle East after Iran reportedly said it will not meet the US team in Qatar for the peace talk…
Australian shares were little changed, hovering near 8,823 in early Tuesday trade and pausing after two sessions of gains, as investors awaited the central bank’s June meeting minutes later today for clues on the policy outlook.Traders also turned to June PMI in China, with the data expected to she…
It's not often you see a slow-moving and defensive sector like staples rally almost 20% in just seven weeks. Over the same period, the S&P/ASX 200 has gained just 2%.This pivot has brought heavyweights Woolworths to its highest since December 2021 and Coles to fresh all-time highs.Now such outperfo…
Australian shares traded flat on the last day of the financial year on Tuesday, with banks offsetting losses in mining stocks hurt by weaker gold and copper prices, while investors kept an eye out for minutes from the central bank's June policy meeting.The S&P/ASX 200 index ASX:XJO was flat at 8,82…
Australian shares were likely to open flat on Tuesday, as caution lingered on uncertainty around the U.S.-Iran talks, while gold stocks were poised to drop due to lower bullion prices.The local share price index futures (YAPcm1) traded flat at a 1.6-point premium to the underlying S&P/ASX 200 index…
Australian stocks could be set to edge higher at the open, adding to their week-opening gains ahead of the release of minutes from the central bank's most recent rate-setting meeting. ASX futures are up by less than 0.1% ahead of Tuesday's session, suggesting that the S&P/ASX 200 will build on Mond…
By Anjali SinghAustralian equities closed higher on Monday, underpinned by financials and technology stocks, as the United States and Iran moved to halt attacks, offering temporary relief but leaving investors wary of a fragile truce.The S&P/ASX 200 index ASX:XJO ended 0.7% higher at 8,823.40 poin…
Australia’s ASX 200 rose 59 points, or 0.7%, to end at 8,823 on Monday, building strength from the prior session amid a sharp rise in U.S. stock futures as Washington and Tehran reportedly agreed to halt hostilities and resume peace talks.Sentiment was also lifted by strong growth in China’s indust…
CANBERA (dpa-AFX) - Asian stock markets are trading mostly lower on Monday, following the broadly negative cues from Wall Street on Friday, as traders remain cautious after renewed hostilities in the Middle East over the weekend. However, the U.S. and Iran have now agreed to halt military strikes a…
Australian shares rose on Monday, led by index heavyweight miners on the back of higher gold and iron ore prices, while news of Iran and the U.S. agreeing to halt recent hostilities and renew talks supported appetite for risk assets.The S&P/ASX 200 index ASX:XJO climbed 0.6% to 8,817.78 by 0013 GMT…
Australian equities added 18 points or 0.2% to 8,778 in Monday morning trade, extending prior-session gains as U.S. futures strengthened after Washington and Tehran agreed to halt hostilities ahead of peace talks this week over the Strait of Hormuz and other issues to end the war.In China, Australi…
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 poised to open higher on Monday, with mining stocks expected to gain on stronger underlying prices, though rising oil prices following tit-for-tat U.S. and Iranian strikes could limit broader market gains.The local share price index futures (YAPcm1) rose 0.2%, a 9.8-point pre…
