Podcasts by The COB from ausbiz

the COB: tepid trades 💤 from 2023-02-20T06:26:58

Our Top 3 Videos

Digging deep to discover value

Listen

the COB: the red wave 🔻 from 2023-02-17T05:44

Our Top 3 Videos

Listen

the COB: bears back in the cage 🐻 from 2023-02-16T06:21:25

Our Top 3 Videos

Listen

the COB: copped a beating 🩹 from 2023-02-15T06:52:12

Our Top 3 Videos

Listen

the COB: we are all actors 🎬 from 2023-02-14T06:17:03

Our Top 3 Videos

Listen

the COB: down like a lead balloon 🎈 from 2023-02-13T06:09:37

Our Top 3 Videos

Listen

BHP digs into gains ⛏️ from 2022-04-21T07:02:11

It was another soggy resources day, balanced out by upbeat financials adding over 1%. BHP’s quarterly production miss and soggy guidance sparked a 3% selloff. In contrast, Challenger (up 8%) and...

A healthy dose of M&A 🏥 from 2022-04-20T07:00:02

A decent lead from Wall Street made for an upbeat open, but this time it wasn’t about resource stocks. Materials closed down 1.5%, not helped by Rio’s production hiccups and shaky forward guidan...

Thin volumes, fresh highs 🍃 from 2022-04-19T06:50:39

The major miners kicked off a solid start to the holiday-shortened week, subsequently joined by energy and gold names. The big hitters Rio and BHP both closed higher, with a weaker Australian do...

Markets hop into Easter 🐰 from 2022-04-14T06:48

It was quite the upbeat session despite investors having a firm eye on the upcoming four day long weekend. Materials, energy and gold led the gains throughout the day, while financials took a br...

Quiet before the central banks storm ⛈️ from 2022-04-13T07:22:02

After a less than stellar overnight lead, local investors turned to energy, materials and small caps. Top of the ladder all day was EML Payments on chatter of a private equity bid, but Paladin a...

Aussie equites take pole position 🏎️ from 2022-04-12T07:05:39

It was a case of choose your poison as to why the market closed lower today: a poor US lead, surging bond yields, commodity price drops. There was a range of company news, not all good. Pendal r...

Bonds 🕴️ 10-year bonds from 2022-04-11T07:17:08

An early rally fizzled, undermined by deteriorating sentiment across the region, especially in China. The threat posed by prolonged lockdowns in Asia’s largest economy are only just starting to ...

The good, the great & the ugly 🤠 from 2022-04-07T07:27:54

All sectors except real estate, consumer staples and utilities finished lower. Information Technology was hammered, following the weak Nasdaq lead. It skidded 3.4%, outpacing declines of more th...

Soggy session dampens gains ☔ from 2022-04-06T07:04:02

The local market finished hump day on the soggy side, following a less than ideal lead from Wall Street. The ASX closed down 0.5%, but things could have been worse as the market was down nearly ...

Musk moves markets 👨‍💻 from 2022-04-05T06:56:07

It was a bottom left-top right kind of day, within a whisker of a fresh record high by lunchtime. Mineral Resources share price leapt as it plans to increase lithium production at two of its min...

Sun shines on Bridge St 🌞 from 2022-04-04T07:08:41

The local market had a positive start to the week, but volumes were thin. Whether the inverted US yield curve foretells a recession is still topic du jour. It was an M&A start to this Monday...

Market fools its way to a win 🤪 from 2022-04-01T05:28:21

The local market sagged in early trade, with resources the only green on screen. Some broker reports gave the oil sector the nod, and so Santos and Woodside closed higher. Allkem jumped on the b...

End of quarter tumble 🤕 from 2022-03-31T06:17:30

The local market was buoyant all day, with a jump in the iron ore price pushing the resource sector to a new record high. Blue chips Rio, Fortescue and BHP all closed up between 2-4.5%. After th...

Budget, barbells and beast mode 🏋️ from 2022-03-30T06:26:37

We’d like to say the Budget spurred today’s “seventh heaven” winning streak, but the yield curve is more likely responsible for key market moves. The tech sector again responded to lower longer-...

Budget day boost 📈 from 2022-03-29T06:10:49

Posting a six-day winning streak puts the ASX back to mid-January levels ahead of tonight’s federal budget. Inverted yield curves juiced up tech names, the sector closing up 3%. Block went like ...

Lights, camera, market action 🎬 from 2022-03-28T06:12:14

It was a good start to the week, with banks and resources - houses and holes - keeping the market buoyant. In contrast, a surge in bond yields ate into tech stocks. Lithium and food-related stoc...

Back to basic (materials) 🧱 from 2022-03-25T05:15:52

It's been a tussle all week long between the value plays (banks and miners) and the tech stocks. Today, it was a day for the materials with that sector up more than 1.4%. Healthcare and IT were ...

foot on the gas 🏎️ from 2022-03-24T07:24

Markets are like watching a windscreen wiper, where resources and tech vie for biggest gainer position on alternate days. Today, it was resources up and tech down.

Utilities and energy nam...

Tech tailwinds 💨 from 2022-03-23T05:46:52

It was a powerhouse for the contrarian trade with the froth blown off the resources sector and the goldies, while tech caught a tailwind. A late contender for the top of the ladder was Uniti, cl...

Five out of five for energy ✋ from 2022-03-22T05:55:12

Australia's dominance in the resources space in these volatile times saw the local market open up strongly. Energy and commodities more broadly were bid up at the open, with financials joining t...

Just another meandering Monday ↘️ from 2022-03-21T06:02:03

The market opened well and traded in a sea of green, but as the oil price rose and US futures fell (and no prime rate cut from China) the red started to creep back in across the screens. Tech le...

starting strong, finishing stronger 💪 from 2022-03-18T05:03:52

Another day and another choppy trading session, continuing what was a largely upbeat, but volatile week. Today, resources and energy were on investors’ shopping list. Strange bedfellows Blo...

St Patrick's Day luck o' the tech ☘️ from 2022-03-17T05:51:16

No nasty surprises from the Fed signalled a green light to buy up … the BNPL space apparently, led by giant leaps in Block and Zip. The top sectors were industrials followed by tech. There wasn'...

the COB: beware the equity hangover 🍺 from 2022-03-16T06:05:54

Yet another step down in commodity prices didn’t deter our local bourse, as it opened higher and maintained decent gains throughout the day. Every sector added to the upbeat trading session, a g...

Talking the talk 💬 from 2022-03-15T06:25:59

Commodities took another step down overnight, so the local market opened lower and stayed in a very tight trading range all session. Diplomacy talks were interpreted as a signal to sell resource...

Making hay while the sun shines 👨‍🌾 from 2022-03-14T06:09:33

Defying the dire weekend news from Ukraine, a sea of green greeted investors outside of the resources space. Financials opened higher and stayed there. CBA once again made its way above $10...

Food fails to feed the fizzer 🥪 from 2022-03-11T05:46:02

A hawkish ECB, combined with soaring US inflation and failed diplomatic talks sent many investors straight to the exit today. The handful of stocks that closed in the green were skewed towards c...

Markets tick despite oil slick 🛢️ from 2022-03-10T05:59:19

Chatter of expanding oil supply and diplomacy in the Russia-Ukraine conflict talks triggered a selloff in commodities across the board. Materials, gold and energy were the laggards in an otherwi...

In the NIC of time ⌛ from 2022-03-09T06:30:35

Local investors were flung into a soaring oil market this morning, after the US formally banned Russian oil imports. Energy and gold stocks provided stablisation again, while tech's four-da...

Market loses energy ⚡ from 2022-03-08T05:48:29

The local market fell alongside the rain today, with the ASX/S&P200 closed 58 points lower, or -0.8% The top of the ASX200 ladder was St Barbara, closing 9% higher. While the gold price nudg...

It's a crude reality 😵 from 2022-03-07T06:02:02

All roads led back to the commodities space today as Brent crude topped US$130 a barrel and never looked back. The crude surge took every other commodity along with it - from wheat to iron ore t...

Many colours make a market 🏳️‍🌈 from 2022-03-04T06:31:47

After a risk-defying four-day winning streak, the threat of a turbulent weekend scared investors into taking some cash off the table. Paladin saw the biggest loss, closing down more than 15...

Out of the frying pan into the fire 🔥 from 2022-03-03T06:03:28

The local market appears Teflon-coated, powering to a fifth consecutive gain on continued buying in materials and energy names. The S&P/ASX 200 lifted 0.5%, closing at 7151 points. Rumours C...

Energy powers dim market 🔌 from 2022-03-02T05:59:12

An escalation of tensions sparked a weak opening, but the heavy skew of the local market towards energy and materials proved too tempting, given the strength in commodity prices. Iron ore heavy-...

Hear no evil 🙉 from 2022-03-01T05:57:41

The local share market continues to shake off fears of an escalating conflict in Ukraine and the policy dilemma it poses central banks in the face of rising inflation. The ASX200 finished the da...

Defying the odds 📈 from 2022-02-28T06:21:40

A surge in commodity prices across the spectrum and some end-of-month window dressing helped the local market to a remarkably positive finish, despite war in Ukraine and US futures tanking. BHP,...

the COB: too low for zero 🚩 from 2022-02-25T05:38:03

A strong US finish gave local investors confidence to wander back into the market. Yesterday’s unloved tech was a buy, especially Block after a profit beat, closing 33% higher and resting comfor...

Global markets smashed as Russia attacks from 2022-02-24T06:35:02

Market nerves turned into outright contagion after Russian President Putin attacked Ukraine mid-afternoon Sydney time. The S&P/ASX200 reacted and fell 215 points or -3%; the biggest one-day ...

WOW we're in the green 😲 from 2022-02-23T06:12:57

Geopolitical nerves were soothed, so it was - apparently - time to buy the dip. As such, the S&P/ASX200 added 44 points or 0.6% to close in the green. Rio Tinto reported after the close, pos...

Risk off 🚫results on ✔️ from 2022-02-22T06:13:56

Jitters over the escalating Russia-Ukraine conflict saw risk snapped off the table. The broader index opened lower and stayed there until the end with the S&P/ASX slicing off 72 points ...

No way M&A 🙅 from 2022-02-21T06:12:22

Early risk-off trading gave way to optimism after news of “non-invasion talks” between the Russian and US Presidents hit the wires. The market was down nearly 50 points at one stage, so it was a...

Flat fizzer Friday 😑 from 2022-02-18T04:51:33

Geopolitical jitters kept the market under pressure today, but lifted gold stocks as the commodity price hit $US1900oz. Magellan was the biggest mover on the S&P/ASX200, closing up almo...

COVID (finally) butchers Bunnings 🌭 from 2022-02-17T06:14:23

It was another positive session as a slew of top shelf companies delivered earnings, sparking sharp share price reactions. Heading into the close however, most of the day's gains were wiped out ...

Sunny reports ☀️ raining dividends 🌧️ from 2022-02-16T06:24:59

It was risk on to the close of the session, with the local market closing on the highs of the day up 78 points or +1.1%. Shareholders were in for a treat with it raining dividends today, wi...

Quality holds in custard market 🍮 from 2022-02-15T06:16:55

In a sea of geopolitical doom, upbeat company reports acted as a shining light. Strong reports from Sims and Seek, as well as a record dividend from BHP, saw those three companies hit the t...

Bonds, blue chips and border tensions 🅱️ from 2022-02-14T06:08:54

Geopolitical risks are back in the spotlight, sending investors back to blue chips and the bond market. However, as oil marches towards $100bbl the next obvious play was energy, with WPL an...

Inflation heat 🔥cools investors 🥶 from 2022-02-11T06:12:56

The nasty US inflation print shook up the markets as expected, although it wasn’t just growth stocks that felt the heat. The rush to blue chips was evident, with small and mid caps shrinking by ...

On a knife-edge 🔪 from 2022-02-10T05:20:14

It was a largely upbeat local session ahead of tonight’s US inflation event risk. Whether it surprises or disappoints will set the tone for tomorrow’s trading session. Blue chips were the invest...

CBA 1st place of big 4 🥇 from 2022-02-09T06:15:07

An upbeat slew of company reports pushed the local market higher over the course of the day. Only energy and iron ore majors didn’t feel the love. After a rough few weeks Aussie tech led the way...

Travelling into the green 🌎 from 2022-02-08T06:06:40

Another deluge of largely well-received company updates, plus another bump in travel stocks equated to a decent trading session. Some short squeezing likely helped Webjet and Flight Centre ...

Great grain gains 🌾 from 2022-02-07T06:09:41

Company news dropped like hailstones well before the open. Graincorp was the only game in town until the Prime Minister threw open the borders to vaccinated travellers and travel stocks clamoure...

Sideway Friday 🙃 from 2022-02-04T06:14:04

It was a wild day on top of a wild week, where midday losses quietly turned into a green close. As oil surged through $90bbl this week the energy sector was today’s sector leader, adding 0.7%. A...

Tech tech boom 💣 from 2022-02-03T06:05:49

The local bourse opened in the wake of the after-market 20+% tumbles in Paypal and Meta, and so local tech found itself under the bus. ZIP closed down over 9%, WiseTech shedding nearly 8%, ...

Bear in the big unaffordable house 🐻 from 2022-02-02T06:34:16

The local market opened higher and stayed there, and while most sectors were in the green nothing really shot the lights out. Energy and materials led the way higher; a broker upgrade was behind...

Hawks' wings clipped 🦅 from 2022-02-01T06:04:21

Early market trade was all about tech (again) with Block and Appen dominating the top of the ladder for the duration of the session, following the Nasdaq's lead and posting gains for the third s...

The gloves are off 🧤 from 2022-01-31T06:16:37

Glancing at the open and close, it looked like a nothing trading day in aggregate. Lurking under the hood was the rebound of Aussie tech, looking at you BNPL. After zero love in recent weeks tec...

Friday bounce back 🏀 from 2022-01-28T06:05:14

The local sharemarket ended the shortened and volatile trading week on a strong note, more than erasing yesterday's steep losses. The S&P/ASX200 ended up close to 2.2% higher, but failed to ...

Love all 🎾 from 2022-01-27T05:57:39

Tennis anyone? Markets are like watching a tennis match - US stocks again pivoted in the last hour of trade, while our market popped higher at the open only to sink into a technical correction. ...

Red alert 🚨🚨🚨 from 2022-01-25T06:01:30

No sugarcoating today; it was blood in the streets, falling knives hitting the pavement, baby out with the bathwater, choose your poison. The S&P/ASX200 posted its most significant two-...

We're watching and waiting 👀 from 2022-01-24T06:09:01

Company updates were behind the extreme moves in the ASX today. Bottom of the ladder was Regis Resources, closing down over 14% thanks to lower production guidance. Top of the pops was Uniti, ad...

Crash, bang, close 💥 from 2022-01-21T05:54:49

Like a car crash, it was hard to look away from today’s stock market devastation. Friday afternoon dip buyers were MIA; why catch these falling knives? After a good run, investors deserted the m...

Aussie Aussie Aussie, gold gold gold 🏆 from 2022-01-20T05:53:56

It was a golden turnaround for the local market today, with the S&P/ASX200 ending in positive territory +0.14%. Gold miners took up five of the top five spots, led by Northern Star, Evolutio...

Call of M&A 🎮 from 2022-01-19T05:57:28

It was a weak lead overnight as US treasury yields hit 2-year highs and pressured big tech - even the high quality names - but in reality all the broader indices retreated. Aussie tech agai...

Going giddy for guidance 🤩 from 2022-01-18T06:03:10

Top of the pops was JB Hi-Fi with early metrics outpacing analyst estimates, the share price closing up 7%. The update from Data#3 was a beat compared with October guidance, and it closed up ove...

Beforepay's IPO aftermath 😬 from 2022-01-17T06:16:37

That was a decent session to start the trading week with the ASX ending +0.3%, at 7,417. Better than expected Chinese GDP data and a surprise PBOC rate cut helped improve sentiment through ...

the COB: no TGIF for BNPL from 2022-01-14T05:50:41

A weak lead overnight squashed any glimmers of green on the screen today. Textbook growth stocks were belted, and with the Nasdaq closing 2.5% lower the usual pavlovian response is to smash...

the COB: the Crown jewels 👑 from 2022-01-13T05:58:04

While US markets embraced 40-year highs in inflation, SPI futures were flat. But not to worry Aussie blue chip stocks were hoovered up, aka banks and miners. The big four banks opened higher and...

the COB: take a hike from 2022-01-12T05:53:58

Overnight markets shrugged off Chair Powell confirming that rate hikes were coming sooner rather than later, and following SPI futures the ASX added around 1% in early trade. However, conviction...

the COB: investors' chicken out from 2022-01-11T06:02:58

Another soggy lead from the US spurred cautious local trading, although with the Nasdaq clawing back losses our tech sector experienced selective buy the dip action. Financials had an awful day ...

the COB: quiet before the storm? ⛈️ from 2022-01-10T05:52:24

Our local bourse was down 0.4% by mid-morning and was a sea of red except for materials. While most losses were erased by the close after the sour Nasdaq lead, Aussie tech remained near the bott...

Comeback kid 🧒 from 2022-01-07T05:54:03

Our local market obeyed SPI futures and opened strongly, with banks and property leading a 1.6% pop by midday. Broad-based gains were maintained throughout the day, despite tonight’s marquee dat...

Battered and bruised 🤕 from 2022-01-06T06:11:26

Another Fed-led jump in bond yields overnight and this time the stock market fallout wasn’t just confined to tech. Our market opened weaker in line with SPI futures, and rather than an afternoon...

Quick off the mark 🏁 from 2022-01-05T06:07:25

We walked into the Dow Jones setting new highs, but in contrast there was a spooked Nasdaq, the latter due to a decent two-day climb in US bond yields. Our tech sector was a key underperformer, ...

ASX flexes strong gains 💪 from 2022-01-04T06:23:54

We're picking up where we left off - in amongst record highs. Today's performance for the ASX was the best for a first calendar day in decades. Every sector finished in the green with energy sto...

ausbiz is over and out 👋 from 2021-12-23T05:33:45

Overnight markets surged again, SPI was up 32 points, and after a brief morning lull, local investors concluded that a Santa rally of sorts was overdue. Most commodities firmed overnight - with ...

'Tis the season... for M&A 🤶 from 2021-12-22T05:56:30

Upbeat overnight markets concluded that Omicron was mild, and SPI futures pointed to a decent open, but local investors did not really catch the vibe. Oil was firm overnight, and the Energy comp...

All aboard the gravy train 🚂 from 2021-12-21T06:13:37

A rebound in still-negative US markets sparked a cautiously positive tone in the local market. Then some idle cash was put to work over the afternoon, the market closing higher, and most sectors...

Markets go frosty on Magellan ☃️ from 2021-12-20T05:56:37

Triple-witching options expiry in the US markets made for a poor handover today. Then in a short statement, Magellan told the market it was losing its biggest backer, sending the share price dow...

Regulate now, buy later 🛑 from 2021-12-17T05:47:22

Flat SPI futures were no help but the local market opened higher, with investors deciding that blue chips, energy and gold stocks were on the Christmas menu. The Nasdaq collapsed as US regulator...

The theory of thing 🦠 from 2021-12-16T06:14:03

The local market ignored the positive SPI lead and opened lower, and remained under pressure throughout the session. The Nasdaq surged on the as-expected FOMC news overnight, and after an a...

Spill in aisle 12 🍏 from 2021-12-14T06:00:19

The local bourse opened lower following the soggy lead from the US, but local investors weren’t as convinced of the negative Omicron news, and slowly bought over the afternoon to close all but u...

Monday M&A mania 💸 from 2021-12-13T05:56:51

Following the blistering-but-as-expected US inflation report, risk-on dominated the local session after US markets probed fresh record highs. The Energy complex was an early leader thanks t...

Flat Friday fizzer 😐 from 2021-12-10T05:24:16

It was a low conviction day within a data and event vacuum ahead of tonight’s key US inflation report. Analysts are looking for core inflation to reach 5% - its highest since 1982. The top of th...

Stacks of stocks 🥞 from 2021-12-09T06:21:32

It’s always disappointing when the market trades like a Friday and yet there is still one more day to go. The lacklustre lead overnight sparked less-than-stellar early trading, while some m...

The market hits a six 🏏 from 2021-12-08T06:03:20

Better news on the Omicron front boosted risk appetite, and the local market ran with it in spades. Tech had another blockbuster day, closing up 2.2% at the top of the leaderboard. Zip Co c...

Magellan lost in a sea of green 🌎 from 2021-12-07T06:00:20

As Omicron fears faded overnight - and combined with a dash of China policy stimulus - it was a green light to buyback yesterday’s battered tech/BNPL sector, as well as buy back into the usual r...

Collapse, crash & Pain from 2021-12-06T06:04:17

It was a wild weekend for market moves - and Bitcoin - but it was a relatively low conviction day outside of tech where it was an eventful session. Tech shares and BNPL were smashed. The tech se...

Winding up a whiplash week 😵 from 2021-12-03T05:29:38

In a mirror image of recent days, the market opened at the highs then erased all gains by early afternoon. Then in a familiar pattern this week, the afternoon session unearthed the buyers. The e...

They bought the dip 🎢 from 2021-12-02T06:14:18

In a repeat of yesterday, soggy morning trade gave way to a brighter afternoon after the market reached the low point at midday. The tech sector closed down 1% in the wake of a poor Na...

All cashed up and ready to spend 🎅 from 2021-12-01T05:58:23

A soggy start saw the market reach the low at midday, however, plenty of guests expect volatility to bring opportunities to add to high conviction companies, and the broader market was listening...

Headline headache ends the day 🤕 from 2021-11-30T06:07:58

Outright panic morphed into a cautiously positive tone, then in the dying seconds of trading, a Financial Times report questioning the efficacy of vaccines against Omicron saw Asian stocks plumm...

Are we past peak Omicron pessimism? from 2021-11-29T06:11:40

It was a nasty open, with Omicron nerves thumping stocks across the board. Then the markets digested early analysis that the virus may be highly transmissible but not necessarily deadly. Peak pe...

A veritable sea of red from 2021-11-26T05:58:50

With no lead from the feasting Americans it was always going to be another lacklustre session, but risk-off near-panic won out on the day. Initially, the headline act was the shellacking of Appe...

EML shoots, EML scores from 2021-11-25T05:49:29

As US market participants dream about turkey-laden dining tables instead of sitting at trading desks, today’s lacklustre session is highly likely to be repeated tomorrow. Only standout company news...

White goods no good? Harvey Norman plummets from 2021-11-24T05:48:52

The market improved through this Wednesday session, as the miners, energy names and the big banks lifted their games. But it just wasn't enough; after being up as much as 0.2%, ASX200 finished down...

Is '₿itcoin City' on the ₿ucket list? from 2021-11-23T06:15:07

Seasoned market-watchers have no trouble reconciling why a Fed Chair (re)nomination would trigger a collapse in tech stocks. The less-dovish Powell nomination pushed bond yields higher, and so grow...

COVID crashes travel stocks🛬 from 2021-11-22T06:04:43

Resurgent COVID 'winter wave' fears thumped travel stocks, with Qantas and Flight Centre slumping to two-month lows. Aussie energy producers - Santos, Woodside, Oil Search and Beach Energy - had a ...

Will Crown fold'em or hold'em from 2021-11-19T05:31:27

The Australian share market finished 0.7% down on the week, despite some shoots of green on the day, with the ASX 200 finishing up 0.17%. Today was all about Crown Resorts as the casino giant re...

Evolution rapidly evolving from 2021-11-18T06:10:29

It was a bit of a bumpy ride for the local bourse today, finally ending up 0.1%. The REITS and consumer staple sectors lent strength, with energy and financials the laggards. The Commonwealth ...

CBA's "considerable" carnage from 2021-11-17T05:55:33

Commonwealth Bank took a massive chunk out of the market this Wednesday, wiping off close to 52 index points, as it finished down xxx% below the $100 mark at $xxxx. It seems "considerably lower" ne...

The risk, reward and the pump from 2021-11-16T05:58:58

Things went from bad to worse today, with the local market finishing the Tuesday session -0.67% at 7420. Let's start with the sin bin, Mesoblast gave up much of yesterday's gains closing down +8.2%...

Paycheck to paycheck - the American Dream? from 2021-11-15T05:53:54

The local market put in a solid performance to start the week, ending the session +0.36%. The gains were broad based, but special mention goes to Mesoblast which rocketed higher as it was one of th...

War of the miners: Gold vs Bitcoin from 2021-11-12T05:26:45

The market finished the day up 0.83%, snapping a four day losing streak and nearly erasing the week to date losses in the process. First prize by sector goes to the materials space with gold s...

Fourth day's a loser from 2021-11-11T06:18:28

The local market extended its losing streak ending the day down 0.57%; not great but it would have been much worse without the miners. Fortescue ended the day 8% higher, it seems green (hydrogen) i...

Mineral & mining stocks anything but in the ground from 2021-11-10T05:56:22

The S&P/ASX200 closed lower on Wednesday, dropping 15 points or 0.2% to 7,419, the local index sliding to a five-day low after lunch, tracing iron ore futures and the broader commodities s...

NAB's statement has been declined from 2021-11-09T06:03:49

The S&P/ASX200 closed lower Tuesday, dropping 18 points or 0.2% to 7,434. Investors rotated out of the banking sector and piled into some of those new metal plays. The National Australia Bank (...

It's just another manic M&A Monday from 2021-11-08T06:02:55

The S&P/ASX200 closed down just five points Monday to 7,452, the index slipping on another M&A Monday as US futures weakened following a week of strong gains on Wall Street.

Te...

Meet you in the Metaverse after an out of this world week from 2021-11-05T05:56:55

The S&P/ASX200 closed up Friday, gaining 29 points or 0.4% to 7,457 and setting a new 20-day high.

of course that's peanuts to Wall Street, which once again traced a string of reco...

Dominos share price sliced as markets await US jobs from 2021-11-04T06:00:46

The S&P/ASX200 closed up Thursday, gaining 35 points or 0.5% to 7,428 as buyers arrived in afternoon trade, yielding broad gains across almost every sector outside energy and the iron ore ma...

CBA cottons on to crypto; Tyro takes a tumble from 2021-11-03T05:54:44

The S&P/ASX200 closed up Wednesday, gaining 68 points or 0.9% to 7,393, crossing above its 125-day moving average. It was a generous comeback, only the technology sector unable to share in t...

RBA scrapping prior guidance weighed on Tuesday's cup day session from 2021-11-02T06:09:36

The S&P/ASX200 is lower today, dropping 45 points or 0.6% to 7,326 and crossing below its 125-day moving average. The bottom-performing stocks in this index are Whitehaven Coal and IGO Limit...

Westpac drags the market as attention turns to the RBA from 2021-11-01T05:50:36

The S&P/ASX200 closed up Monday, gaining 47 points or 0.6% to 7,371.

Now.

How many times have you heard CSL described as the best company Australia has ever produced (and how man...

Banks dragging equities lower as eyes turn to RBA from 2021-10-29T05:39:18

The S&P/ASX200 closed lower Friday, dropping 107 points or 1.4% to 7,324 dragged lower by a late afternoon surge in bond yields, the index crossing below its 50-day moving average. The big b...

Rate hike fears setting in as shares tumble from 2021-10-28T05:59:10

The S&P/ASX200 closed lower Thursday, dropping 18 points or 0.25% to 7,430, falling away in late trade after setting a new 20-day high.

The chill wind of higher interest rates and ...

Volatile Wednesday influenced by Q3 inflation data from 2021-10-27T06:00:54

The S&P/ASX200 closed five points higher on a choppy Wednesday to 7,449, recovering to be 0.1% following a surprisingly sharp CPI read. 

Taking their lumps today, Codan Limit...

Crown Resort shares rally in flat as a pan day from 2021-10-26T06:12:43

The S&P/ASX200 closed up just two points on Tuesday to 7,443, flat as a pan for the session, having yielded up an early rally, with IT stocks outperforming, following the NASDAQ’s run o...

Tech tumbles; miners move; energy kills it from 2021-10-25T06:08:31

The S&P/ASX200 closed 26 points, or 0.3% ahead on Monday, after the index shook of a morning stutter to jump 0.7% to a 6 week high at lunch, with the materials and energy stocks leading the ...

We drop the mic on a monthly high; get prepped for a blockbuster week of US quarterlies from 2021-10-22T05:46:43

Hallelujah! Evergrande has avoided the dreaded default on its dollar-denominated bonds and everyone's happy. Back home and the S&P/ASX 200 closed the week up just 0.10 points Today...

Perpetual takes charge as the local market wanes from 2021-10-21T06:25:52

It was a flat Thursday on the share market. Sentiment was 'meh' - with energy a drag, despite the positive lead from Wall Street, where quarterly earnings continue to impress. Thermal coal ...

The Santa rally is near; local market closes at a one month high from 2021-10-20T06:12:08

The S&P/ASX200 closing up this Wednesday session, hitting the month's high water mark. AGM season dominating today... from Listen

Miners offset tech; markets watch for blockbuster US quarterlies from 2021-10-19T05:59:33

Markets were looking rosy this morning with big bumps across the board, but as the day wore on, so did market sentiment. The S&P/ASX 200 closed practically flat after all was said and d...

M&A the name of the game; China data lags from 2021-10-18T06:21:42

Markets ended in the green despite, China's Q3 GDP figure which came in worse than analysts' expectations, while Kiwi Q2 CPI overshot. Energy and metal-centric stocks rallied. It may have helped...

Travel stocks take flight as NSW opens; the market ends the week on a high as China data looms from 2021-10-15T05:51:31

If you had your bags packed, ready for quarantine-free travel in New South Wales, then I'm afraid you may need to unpack them again. PM Scott Morrison clarifying this rule will only apply for Au...

Tech smashes it; Netwealth wins the day; Redbubble burst from 2021-10-14T06:13:38

Clearly all of Australia's investing world woke up on the right side of the bed today. The S&P/ASX200 finished up 0.54% in today's trade. Bar financials and energy names, it was an...

Bubs drags A2 Milk kicking and screaming; inflation (stagflation?) the name of the game now. from 2021-10-13T06:24:36

The market hovered between small gains and small losses today. Newsflow was dominated by the Bank of Queensland's full year result, small cap earnings results and a new hydrogen plan which has r...

The S&P/ASX200 closed lower this Tuesday dropping 19 points from 2021-10-12T06:01:53

The S&P/ASX200 closed lower this Tuesday dropping 19 points. Bar technology and healthcare which saw steep selling and buying respectively, most sector moves were unconvincing. Ironical...

The ASX finishing down 0.28% this Monday while New South Wales residents were finally allowed out of their homes from 2021-10-11T05:57:53

New South Wales residents were finally allowed out of their homes but the markets were not as cheery. The ASX finishing down 0.28% in today's trade. Every sector falling on the day, bar ene...

After five straight weeks of losses, the X2C finished this glorious Friday up 0.8% from 2021-10-08T06:09:16

After five straight weeks of losses, the X2C finished this glorious Friday up 0.8%. It's green across the screen with every single sector recording at least a solid flat. Things are looking swee...

The S&P/ASX200 closed up this Thursday, climbing 50.20 points following a strong lead from Wall Street. from 2021-10-07T06:19:33

The S&P/ASX200 closed up this Thursday, climbing 50.20 points following a strong lead from Wall Street. All of the major Asian markets are also higher as of writing. Super Retail Group ...

The S&P/ASX200 closed lower Wednesday, dropping 42 points or 0.6% to 7,207 from 2021-10-06T06:06:09

The S&P/ASX200 closed lower Wednesday, dropping 42 points or 0.6% to 7,207. The major banks fell on 'macropru' and heavy travel losses offset gains across the oil and coal complex, Yancoal (...

The S&P/ASX200 closed lower Tuesday, dropping 30 points or 0.4% to 7,248 after weak overnight leads with the NASDAQ shedding more than 2% from 2021-10-05T06:07:43

The S&P/ASX200 closed lower Tuesday, dropping 30 points or 0.4% to 7,248 after weak overnight leads with the NASDAQ shedding more than 2%. Sealink Travel Group (SLK) missed out for second da...

The S&P/ASX200 closed up Monday, gaining 93 points or 1.3% to 7,279, boosted by travel, banks and energy from 2021-10-04T05:46:52

The S&P/ASX200 closed up Monday, gaining 93 points or 1.3% to 7,279, boosted by travel, banks and energy. Today's outstanding performers were Flight Centre (FLT) and IDP Education (IEL), up ...

The S&P/ASX200 closed sharply lower Friday, dropping 147 points or 2% to 7,186, crossing below its 125-day moving average from 2021-10-01T06:56:08

The S&P/ASX200 closed sharply lower Friday, dropping 147 points or 2% to 7,186, crossing below its 125-day moving average. Asian markets sank after another jumpy Wall Street sell-off, i...

The S&P/ASX200 closed up sharply Thursday, gaining 136 points or 1.9% to 7,332 from 2021-09-30T06:59:25

The S&P/ASX200 closed up sharply Thursday, gaining 136 points or 1.9% to 7,332. It was the market's best intraday performance in around six months, a day after setting a new 50-day low and d...

The S&P/ASX200 closed down on Wednesday, dropping 79 points or 1.1% and setting a new 50-day low. from 2021-09-29T06:54:58

The S&P/ASX200 closed down on Wednesday, dropping 79 points or 1.1% and setting a new 50-day low. The bottom performing stocks were Pinnacle Investment (PNI), shedding 9%, while Tyro Payment...

The S&P/ASX200 closed lower Tuesday, dropping 109 points or 1.5% to 7,276, mixed leads became broad based selling from 2021-09-28T06:55:40

The S&P/ASX200 closed lower Tuesday, dropping 109 points or 1.5% to 7,276, mixed leads became broad based selling. Virtually all sectors floundered, but for the energy names and a utility or...

The S&P/ASX200 closed higher on Monday, gaining 42 points or 0.6% to 7,384 from 2021-09-27T07:05:08

The S&P/ASX200 closed higher on Monday, gaining 42 points or 0.6% to 7,384. The gains follow mixed leads, rising oil prices, persistent fears over China's Evergrande debacle and a littl...

The S&P/ASX200 closed lower Friday, dropping 28 points or 0.4% to 7,343, with shares in China's Evergrande down some 11% in Hong Kong, adding further pressure on a subdued local market from 2021-09-24T07:02:01

The S&P/ASX200 closed lower Friday, dropping 28 points or 0.4% to 7,343, with shares in China's Evergrande down some 11% in Hong Kong, adding further pressure on a subdued local market....

The S&P/ASX200 closed up Thursday, gaining 73 points or one per cent to 7,370, the US Federal Reserve offered a measured description of the taper to come from 2021-09-23T07:13:17

The S&P/ASX200 closed up Thursday, gaining 73 points or one per cent to 7,370, the US Federal Reserve offered a measured description of the taper to come. Wall Street rallied as did Chi...

The S&P/ASX200 closed up Wednesday, gaining 23 points or 0.3% to 7,297, but not before first setting a new 50-day low as Wall Street weighed and Evergrande lingered from 2021-09-22T06:59:43

The S&P/ASX200 closed up Wednesday, gaining 23 points or 0.3% to 7,297, but not before first setting a new 50-day low as Wall Street weighed and Evergrande lingered. Those fears proved fleet...

The S&P/ASX200 closed higher Tuesday, gaining 26 points or 0.4% to 7,274 after crashing early to a new 50-day low from 2021-09-21T07:08:02

The S&P/ASX200 closed higher Tuesday, gaining 26 points or 0.4% to 7,274 after crashing early to a new 50-day low. The miners led the rebound, but yielded late in the day to the energy, cons...

The S&P/ASX200 closed sharply lower Monday, dropping 156 points or 2.1% to 7,248, setting a new 20-day low. from 2021-09-20T06:58:21

The S&P/ASX200 closed sharply lower Monday, dropping 156 points or 2.1% to 7,248, setting a new 20-day low. Iron ore, and I think the word here is rout - the rout continues - Champion Iron (...

The S&P/ASX200 closed lower Friday, dropping 57 points or 0.8% to 7,404 and crossing below its 50-day moving average from 2021-09-17T06:48:59

The S&P/ASX200 closed lower Friday, dropping 57 points or 0.8% to 7,404 and crossing below its 50-day moving average. The markets woke up to the new iron ore reality it seems, global spot pr...

The market went for a nice run today, finishing up 0.58% at the close of trade. from 2021-09-16T07:07:11

The market went for a nice run today, finishing up 0.58% at the close of trade. Almost every single sector finished in the green, with the energy MVP. Austal was up 2.67% as "that fella down und...

The S&P/ASX200 closed lower Wednesday, dropping 20 points or 0.3% to 7,417. from 2021-09-15T07:04:24

The S&P/ASX200 closed lower Wednesday, dropping 20 points or 0.3% to 7,417. Weak overnight leads and flat oil prices played out across the banking and energy sectors and materials were weigh...

The S&P/ASX200 closed up Tuesday, gaining 12 points or 0.2% to 7,437 after tailwinds drove the market higher on light trading volumes. from 2021-09-14T07:03:46

The S&P/ASX200 closed up Tuesday, gaining 12 points or 0.2% to 7,437 after tailwinds drove the market higher on light trading volumes. Wall Street ended mixed, the NASDAQ lower. Oil hit six-...

The S&P/ASX200 closed up Monday, gaining 19 points or 0.25% to 7,425 from 2021-09-13T06:56:27

The S&P/ASX200 closed up Monday, gaining 19 points or 0.25% to 7,425. Materials did well, particularly the new energy miners. A fine session for Pilbara Minerals (PLS) up 7.3% and Lynas (LYC...

The S&P/ASX200 closed up Friday, gaining 37 points or 0.5% to 7,407 from 2021-09-10T06:55:42

The S&P/ASX200 closed up Friday, gaining 37 points or 0.5% to 7,407. Let's wrap this one up: coal rose, iron ore and oil fell. Materials and energy led gains. The banks were a pass. Not Macq...

The S&P/ASX200 closed sharply lower Thursday, dropping 143 points or 1.9% to 7,370, as fears of a global pullback coalesced into some broad-based selling here at home from 2021-09-09T07:16:02

The S&P/ASX200 closed sharply lower Thursday, dropping 143 points or 1.9% to 7,370, as fears of a global pullback coalesced into some broad-based selling here at home. Almost $50 billio...

The S&P/ASX200 closed lower Wednesday, dropping 18 points or 0.2% to 7,512 from 2021-09-08T07:16:01

The S&P/ASX200 closed lower Wednesday, dropping 18 points or 0.2% to 7,512. Following a Labour day holiday rich with economic uncertainty, Wall Street closed mixed on timid trade, a mood tha...

The S&P/ASX200 ended a few points higher on Tuesday, but it's been many moons since I've seen two points as weak and meaningless and deflating as these ones.  from 2021-09-07T07:22:38

The S&P/ASX200 ended a few points higher on Tuesday, but it's been many moons since I've seen two points as weak and meaningless and deflating as these ones. The fact is this is an inde...

The S&P/ASX200 somehow closed up around five points on Monday ending a very unexpected day of trade. from 2021-09-06T07:10:16

The S&P/ASX200 somehow closed up around five points on Monday ending a very unexpected day of trade. The undeniable pluck shown by the little index that could, came in the face of surging CO...

The S&P/ASX200 closed up Friday, gaining 37 points or 0.5% to 7,523, on light volumes as traders await the headline US non-farm payroll numbers tonight from 2021-09-03T07:15:41

The S&P/ASX200 closed up Friday, gaining 37 points or 0.5% to 7,523, on light volumes as traders await the headline US non-farm payroll numbers tonight. The coal/lithium train did leave the ...

The S&P/ASX200 closed lower Thursday, dropping 41 points or 0.55% to 7,486 from 2021-09-02T07:04:30

The S&P/ASX200 closed lower Thursday, dropping 41 points or 0.55% to 7,486. Wall Street closed mixed overnight, with some of the big names in Aussie business going ex-dividend here at home. ...

The S&P/ASX200 closed lower Wednesday, dropping eight points or 0.1% to 7,527, some perky GDP numbers lifting the index from a first of September morning funk from 2021-09-01T07:06:49

The S&P/ASX200 closed lower Wednesday, dropping eight points or 0.1% to 7,527, some perky GDP numbers lifting the index from a first of September morning funk. Energy led the sectors, up 1.2...

The S&P/ASX200 closed up Tuesday, gaining 30 points or 0.4% to 7,535, the energy names rising on Hurricane Ida shutdowns, while tech and Industrial stocks drove the Tuesday gains from 2021-08-31T06:56:24

The S&P/ASX200 closed up Tuesday, gaining 30 points or 0.4% to 7,535, the energy names rising on Hurricane Ida shutdowns, while tech and Industrial stocks drove the Tuesday gains. It was the...

The S&P/ASX closed higher, Monday, gaining 22 points or 0.2% to 7,505 from 2021-08-30T07:05:34

The S&P/ASX closed higher, Monday, gaining 22 points or 0.2% to 7,505. The materials sector carried a choppy index over the line, Fortescue Metals' (FMG) up 6.7%, more than doublin...

The S&P/ASX200 closed down just three points Friday to 7,488, the local index clawing back some ground on light trade, ahead of Annette's 3am date with Fed Chair Jerome Powell at the virtual Jackson Hole central bankers hoedown tonight from 2021-08-27T06:57:23

The S&P/ASX200 closed down just three points Friday to 7,488, the local index clawing back some ground on light trade, ahead of Annette's 3am date with Fed Chair Jerome Powell at the virtual...

The S&P/ASX200 closed lower Thursday, dropping 41 points or 0.5% to 7,491, ending a hat-trick of gains and crossing back below its 20-day moving average. from 2021-08-26T07:05:13

The S&P/ASX200 closed lower Thursday, dropping 41 points or 0.5% to 7,491, ending a hat-trick of gains and crossing back below its 20-day moving average. Another massive day of reports, but ...

The S&P/ASX200 closed up 29 points or 0.4% on Wednesday hitting 7,532 and crossing above its 20-day moving average and is only 1.3% off of another record high from 2021-08-25T07:09:08

The S&P/ASX200 closed up 29 points or 0.4% on Wednesday hitting 7,532 and crossing above its 20-day moving average and is only 1.3% off of another record high. Stateside, the S&P 500 not...

The S&P/ASX200 closed up Tuesday, gaining 13 points or 0.17% to 7,503, as energy and materials made a solid comeback, oil and commodity prices kicking higher overnight. from 2021-08-24T07:03:31

The S&P/ASX200 closed up Tuesday, gaining 13 points or 0.17% to 7,503, as energy and materials made a solid comeback, oil and commodity prices kicking higher overnight. But the top performin...

The S&P/ASX200 closed up Monday, climbing 29 points or 0.4% to 7,490, and while the local market has lost 1.2% over last week's run of outs, it still sits just 1.9% below its record high. from 2021-08-23T07:11:15

The S&P/ASX200 closed up Monday, climbing 29 points or 0.4% to 7,490, and while the local market has lost 1.2% over last week's run of outs, it still sits just 1.9% below its record high. Gl...

The S&P/ASX200 closed down almost four points Friday to 7,461. That's five in a row on the dark side during a week of some pretty impressive earnings data from 2021-08-20T07:05:46

The S&P/ASX200 closed down almost four points Friday to 7,461. That's five in a row on the dark side during a week of some pretty impressive earnings data. The bottom performing company toda...

The S&P/ASX200 closed lower Thursday, dropping 38 points or 0.5% to 7,465, crossing below its 20-day moving average and the first run of four consecutive losses for this index since last year. from 2021-08-19T07:10:31

The S&P/ASX200 closed lower Thursday, dropping 38 points or 0.5% to 7,465, crossing below its 20-day moving average and the first run of four consecutive losses for this index since last yea...

The S&P/ASX200 closed lower Wednesday, dropping nine points or 0.1% to 7,502.  from 2021-08-18T07:08:41

The S&P/ASX200 closed lower Wednesday, dropping nine points or 0.1% to 7,502. The worst of a bad bunch - BHP and Sims Metals - down 7% and 5.8% respectively. Although it should be said ...

The S&P/ASX200 closed lower Tuesday, dropping 71.5 points or 0.94% to 7,511. The single worst session of trading in two months. from 2021-08-17T07:09:57

The S&P/ASX200 closed lower Tuesday, dropping 71.5 points or 0.94% to 7,511. The single worst session of trading in two months. After trade, BHP has delivered shareholders a monstrous final ...

The S&P/ASX200 closed sharply lower Monday, dropping 46.4 points or 0.6% to 7,582. from 2021-08-16T07:17:52

The S&P/ASX200 closed sharply lower Monday, dropping 46.4 points or 0.6% to 7,582. A four day winning streak for the local market came to an abrupt end today, with companies reporting drivin...

The S&P/ASX 200 climbed 0.54%, extending its gain over the week to 1.2%. Year-to-date, the benchmark has climbed 15.9% from 2021-08-13T07:08:22

Another day, another record high. That’s eight on the trot.. Let the good times roll! The S&P/ASX 200 climbed 0.54%, extending its gain over the week to 1.2%. Year-to-date, the benchmark has...

The market closed at another record high. That makes it seven days in a row. Relentless. The S&P/ASX 200 rose 0.05%, helped by a late flurry of buying. The Chi-X 200 eased 0.07% from 2021-08-12T07:06:04

The market closed at another record high. That makes it seven days in a row. Relentless. The S&P/ASX 200 rose 0.05%, helped by a late flurry of buying. The Chi-X 200 eased 0.07%. It was tele...

The local market closed at yet another record high, driven by strong gains in cyclical sectors. The S&P/ASX 200 climbed 0.3% to 7584.3. The Chi-X 200 added a smaller 0.2% from 2021-08-11T07:03:09

The local market closed at yet another record high, driven by strong gains in cyclical sectors. The S&P/ASX 200 climbed 0.3% to 7584.3. The Chi-X 200 added a smaller 0.2%. Financials were th...

The S&P/ASX 200 recovered from a wobble midway through the session to close at a fresh record high from 2021-08-10T07:01:26

The S&P/ASX 200 recovered from a wobble midway through the session to close at a fresh record high. Mirroring what was seen on Wall Street, the tech sector led the market higher, adding 1.6%...

The S&P/ASX 200 finished dead flat today, giving up earlier gains that saw the index briefly hit a fresh intraday record high from 2021-08-09T07:16:17

The S&P/ASX 200 finished dead flat today, giving up earlier gains that saw the index briefly hit a fresh intraday record high.

Banks and insurers were the big winners for the sessi...

The S&P/ASX200 closed up Friday, gaining 27 points or 0.36% to 7,538, gaining momentum into the close for a hat-trick of all time highs from 2021-08-06T06:54:58

The S&P/ASX200 closed up Friday, gaining 27 points or 0.36% to 7,538, gaining momentum into the close for a hat-trick of all-time highs. On the rotation front, iron ore prices crashed over 7...

The S&P/ASX200 closed up Thursday, gaining eight points or 0.1% to 7,511, the materials sector back on the downside cycle, offset by the banks, REITs, healthcare and consumer staples all settling higher from 2021-08-05T07:04:27

The S&P/ASX200 closed up Thursday, gaining eight points or 0.1% to 7,511, the materials sector back on the downside cycle, offset by the banks, REITs, healthcare and consumer staples all set...

The S&P/ASX200 posted a new record on Wednesday, gaining 29 points or 0.4% to 7,503 after hitting another intraday high before lunch from 2021-08-04T07:02:28

The S&P/ASX200 posted a new record on Wednesday, gaining 29 points or 0.4% to 7,503 after hitting another intraday high before lunch. Cyclicals took charge on a day where investors held off ...

The S&P/ASX200 closed down on Tuesday, dropping 17 points or 0.2% to 7,475 coming off the 52-week high of 'M&A Monday' although the IT sector is still basking in that Afterpay (11.4%) glow from 2021-08-03T06:47:37

The S&P/ASX200 closed down on Tuesday, dropping 17 points or 0.2% to 7,475 coming off the 52-week high of 'M&A Monday' although the IT sector is still basking in that Afterpay (11.4...

The S&P/ASX200 closed at a new record Monday, gaining 99 points or 1.34% to 7,491.4 from 2021-08-02T07:03:49

The S&P/ASX200 closed at a new record Monday, gaining 99 points or 1.34% to 7,491.4.M&A excitement drew a flood of buying after market darling, Afterpay, agreed to Square's 31% premium p...

The S&P/ASX200 closed lower Friday, dropping 25 points or 0.33% to 7,392 from 2021-07-30T07:06:58

The S&P/ASX200 closed lower Friday, dropping 25 points or 0.33% to 7,392. The tech sector shed 2.6%, and Nasdaq futures are down with Amazon and PayPal missing sales guidance. The iron ...

The S&P/ASX200 has closed up 0.5%, led by strong updates from the iron ore triumvirate from 2021-07-29T07:22:51

The S&P/ASX200 has closed up 0.5%, led by strong updates from the iron ore triumvirate. BHP's share price hitting new highs, Fortescue's bank account hitting new highs and Rio Ti...

The S&P/ASX200 closed lower Wednesday, dropping 52 points or 0.7% the NSW lockdowns casting a pall over the local bourse as much as the local barber from 2021-07-28T07:25:31

The S&P/ASX200 closed lower Wednesday, dropping 52 points or 0.7% the NSW lockdowns casting a pall over the local bourse as much as the local barber. Nickel Mines hit the hardest, shedding m...

The S&P/ASX200 hit more records on Tuesday, gaining 37 points or 0.50%. from 2021-07-27T07:07:50

The S&P/ASX200 hit more records on Tuesday, gaining 37 points or 0.50%. Another day, another record. Stateside investors are mega-pumped ahead of mega-names reporting expected mega-earn...

The S&P/ASX200 closed flat on Monday, down just the barest of smidgens after a loopy session that began with a record high in the morning and ended with fitting indecision from 2021-07-26T07:19:04

The S&P/ASX200 closed flat on Monday, down just the barest of smidgens after a loopy session that began with a record high in the morning and ended with fitting indecision. The S&P/...

The S&P/ASX200 ended higher Friday, gaining eight points or 0.1% to 7,394 and bumping up against a second consecutive record-high close from 2021-07-23T07:02:03

The S&P/ASX200 ended higher Friday, gaining eight points or 0.1% to 7,394 and bumping up against a second consecutive record-high close. Defensive and growth sectors took a stick to cyc...

The S&P/ASX200 closed at a new record high on Thursday, gaining 78 points or 1.1% to 7,386.4, inching past the previous peak set in June from 2021-07-22T07:22:06

The S&P/ASX200 closed at a new record high on Thursday, gaining 78 points or 1.1% to 7,386.4, inching past the previous peak set in June. Strong US earnings boosted all sectors into the gree...

The S&P/ASX200 closed higher Wednesday, gaining 56 points or 0.78%, as Wall Street rebounded and the local bourse followed. from 2021-07-21T07:19:09

The S&P/ASX200 closed higher Wednesday, gaining 56 points or 0.78%, as Wall Street rebounded and the local bourse followed. CIMIC Group climbed about 5% on a decent half year, Oil Search pro...

The S&P/ASX200 fell away on low volume trading Tuesday, dropping 34 points or 0.5% to a new 20 day low from 2021-07-20T07:07:50

The S&P/ASX200 fell away on low volume trading Tuesday, dropping 34 points or 0.5% to a new 20 day low. On the positive side, the market shrugged off an awful US lead, Delta-depression and a...

The S&P/ASX200 closed lower Monday, dropping 62 points or 0.85% as soft leads and hard lockdowns gave the index its biggest single day loss in over a month. from 2021-07-19T07:14:53

The S&P/ASX200 closed lower Monday, dropping 62 points or 0.85% as soft leads and hard lockdowns gave the index its biggest single-day loss in over a month. Healthcare stocks endured on a firmi...

The S&P/ASX200 closed up Friday, gaining 12 points or 0.17%. from 2021-07-16T07:03:01

The S&P/ASX200 closed up Friday, gaining 12 points or 0.17%. COVID weighed (delta strained) but in the end, BHP won. The great big miner hit an intraday record on the prospect of just r...

The S&P/ASX200 closed lower Thursday, dropping 19 points or 0.3%. from 2021-07-15T07:15:54

The S&P/ASX200 closed lower Thursday, dropping 19 points or 0.3%.A decade high for Aussie jobs data and a 1.4% rise among a resilient mining sector could not offset losses across Healthcare,...

The S&P/ASX200 closed higher Wednesday, gaining 22.6 points or 0.3% from 2021-07-14T07:11:43

The S&P/ASX200 closed higher Wednesday, gaining 22.6 points or 0.3%. The Buy Now Pay Later space hit by an apple-shaped surprise, Zip Co down 12% and Afterpay 9.7%. In the other lane, Spark ...

The S&P/ASX200 closed down just one point on Tuesday to 7,332, surrendering the early momentum of more Wall St records. from 2021-07-13T07:08:34

The S&P/ASX200 closed down just one point on Tuesday to 7,332, surrendering the early momentum of more Wall St records. Confidence took a hit today, indicators revealing a growing uncertaint...

The S&P/ASX200 closed up Monday on light volumes, gaining 60 points or 0.83% to 7,333. from 2021-07-12T07:11:53

The S&P/ASX200 closed up Monday on light volumes, gaining 60 points or 0.83% to 7,333. China's unexpectedly agro rate cut over the weekend gave a nip of nitro to global markets, eclipsing Gr...

The S&P/ASX200 on Friday shed 68 points or 0.9% to 7,273 from 2021-07-09T07:05:01

The S&P/ASX200 on Friday shed 68 points or 0.9% to 7,273. The formula: Delta cases rise, markets fall. Tech took a 2.8% trim, Zip Co and Afterpay both down over 5%. And while the market fe...

The S&P/ASX200 closed up Thursday, gaining 14.5 points or 0.2% to 7,341, but the market looked listless from 2021-07-08T07:19:31

The S&P/ASX200 closed up Thursday, gaining 14.5 points or 0.2% to 7,341, but the market looked listless. Energy weighed and the banks failed to launch. Still, tech continues it's mini-revival. ...

The S&P/ASX200 closed up Wednesday, gaining 65 points or 0.9% to 7,326.9 on softer volumes. from 2021-07-07T07:06:53

The S&P/ASX200 closed up Wednesday, gaining 65 points or 0.9% to 7,326.9 on softer volumes. Tech won. Oil lost. Challenger stole the show, up 9.3% after Athene and Apollo came knocking. Almo...

The S&P/ASX200 closed lower Tuesday, dropping 53.20 points or 0.73% to 7,261.80... from 2021-07-06T07:01:54

The S&P/ASX200 closed lower Tuesday, shedding 53 points or 0.73% to 7,261.8. The bourse slid into the red even before the RBA revealed a steady hand on the cash rate - unchanged and looking ...

The S&P/ASX200 has finished Monday just 6.4 points higher, leaving the benchmark virtually unchanged after five fabulously volatile days of trade... from 2021-07-05T07:07:02

The S&P/ASX200 has finished Monday just 6.4 points higher, leaving the benchmark virtually unchanged after five fabulously volatile days of trade. For now the pause button has been applied -...

The S&P/ASX200 closed up Friday, gaining 43 points or 0.6% to 7308.6. from 2021-07-02T06:52:13

The S&P/ASX200 closed up Friday, gaining 43 points or 0.6% to 7308.6. The market faded away into the afternoon following a strong stateside session ahead of a big US jobs read in a few hours...

The S&P/ASX200 ended lower Thursday, dropping -47.40 points or -0.65% to 7265.6 following a heavy rotation out of financials. from 2021-07-01T07:10:16

The S&P/ASX200 ended lower Thursday, dropping -47.40 points or -0.65% to 7265.6 following a heavy rotation out of financials. It's a two week low and all sectors copped it, with the exceptio...

The S&P/ASX200 closed up Wednesday, gaining 11.8 points or 0.16% to 7313, closing out the financial year on a positive note. from 2021-06-30T07:08:24

The S&P/ASX200 closed up Wednesday, gaining 11.8 points or 0.16% to 7313, closing out the financial year on a positive note. The top performers: Iluka Resources (11.9%) and then thin air for...

A resilient S&P/ASX200 closed just six points lower on Tuesday to finish at 7301.2, after shedding almost one per cent earlier in the day. from 2021-06-29T07:04:22

A resilient S&P/ASX200 closed just six points lower on Tuesday to finish at 7301.2, after shedding almost one per cent earlier in the day. It's the second late recovery in a row as Covid-loc...

The S&P/ASX200 closed -0.7 points on Monday to 7307.3, as the country grappled with the new lockdown reality. from 2021-06-28T06:53

The S&P/ASX200 closed -0.7 points on Monday to 7307.3, as the country grappled with the new lockdown reality. Tech stocks and travel were hit hardest. Afterpay lost 7.5% while stock of the d...

The S&P/ASX200 closed up Friday, gaining 32.7 points or 0.45% to 7308... from 2021-06-25T06:59:02

The S&P/ASX200 closed up Friday, gaining 32.7 points or 0.45% to 7308. The smell of US infrastructure spend offsetting the lockdown shadow over Greater Sydney. Boral jumped (6.5%) to a more ...

The S&P/ASX200 closed lower Thursday, sliding 0.3% to 7275.3... from 2021-06-24T06:52:34

The S&P/ASX200 closed lower Thursday, sliding 0.3% to 7275.3. Woolworths had its biggest intraday fall (-10.7%) on what otherwise looked like a successful spin-off for Endeavour. The iron or...

The big banks and industrial plays weigh heavily on Wednesday trade... from 2021-06-23T06:58:39

Did you miss Small Caps. Big Ideas live? It's not too late to find out which companies ten of Australia's top ...

The S&P/ASX200 closed up Tuesday, gaining 1.5% to 7342.20... from 2021-06-22T07:06:09

The S&P/ASX200 closed up Tuesday, gaining 1.5% to 7342.20. A tough few days on the bourse has been closed out with the market's best session in about four months. Cyclicals led the charge, a...

Market see red on Monday... from 2021-06-21T07:14:02

It's a big day at ausbiz tomorrow, we're hosting our first full day investor event called Small Caps, Big Ideas...

Australian stocks drifted 0.13% higher to end the week, helped by a reversal in bond yields overnight. from 2021-06-18T06:45:02

Australian stocks drifted 0.13% higher to end the week, helped by a reversal in bond yields overnight. Most of the previous session’s losses were recovered thanks to big gains in information tec...

The local market pulled back from record highs today, dragged lower by weakness in commodities, gold, REITs, consumer staples and telcos. from 2021-06-17T07:02:24

The local market pulled back from record highs today, dragged lower by weakness in commodities, gold, REITs, consumer staples and telcos.

Banks were one of the few shining lights, helped i...

The S&P/ASX200 closed about 0.1% higher on Wednesday after breaking through to the other side of 7400 for the first time... from 2021-06-16T06:55:30

The S&P/ASX200 closed about 0.1% higher on Wednesday after breaking through to the other side of 7400 for the first time. Commonwealth Bank rose 1.3% for a record high of its own.

Pro ...

The big names pushed the local bourse to another record high today with the ASX 200 flirting with 7,400. It eventually closed up 0.92% at 7,379.50... from 2021-06-15T06:51:26

The big names pushed the local bourse to another record high today with the ASX 200 flirting with 7,400. It eventually closed up 0.92% at 7,379.50.

Tech followed Wall Street's strong overn...

Another record close for the ASX 200 of 7,312.3 - up 0.13%. Thin volumes ahead of the long weekend. from 2021-06-11T06:33:17

Another record close for the ASX 200 of 7,312.3 - up 0.13%. Thin volumes ahead of the long weekend. Yield sensitive sectors dropped following a drop in underlying bond yields on the view th...

A milestone for the ASX 200 - closing above 7,300 for the first time. REITs and tech were the day's winners with utilities also performing strongly. from 2021-06-10T07:10:18

A milestone for the ASX 200 - closing above 7,300 for the first time. REITs and tech were the day's winners with utilities also performing strongly. Energy and miners took a dip. All eyes are on...

The S&P/ASX200 closed lower Wednesday, shedding 0.3% to finish at 7270.20 after the index casually hit fresh record highs in morning trade. Tech stocks were troubling, with Altium Ltd (ALU) and Wistech Global (WTC) the most troubled - down 7.5% and 4% respectively... from 2021-06-09T06:59:41

The S&P/ASX200 closed lower Wednesday, shedding 0.3% to finish at 7270.20 after the index casually hit fresh record highs in morning trade. Tech stocks were troubling, with Altium Ltd (ALU) ...

Yet another all-time high for the ASX 200 today. The major index hit 7,315.6 before retreating to close at 7,292.6 - a rise of 0.15%. from 2021-06-08T06:53:34

Yet another all-time high for the ASX 200 today. The major index hit 7,315.6 before retreating to close at 7,292.6 - a rise of 0.15%. The ASX did manage to outperform regional markets, help...

An early session slide kept the ASX 200 in the red for most of the day with the index closing down 0.2% from 2021-06-07T07:05:12

An early session slide kept the ASX 200 in the red for most of the day with the index closing down 0.2%. Tech rebounded strongly, thanks to Altium's rejection of a $5 billion takeover offer from...

A relentless march to another record high for the ASX today despite thin volumes ahead of key US payrolls data tonight. from 2021-06-04T06:09:04

A relentless march to another record high for the ASX today despite thin volumes ahead of key US payrolls data tonight. It was the third consecutive weekly gain for the local market. Banks were,...

A record high for the ASX 200 today, closing up 0.6% at 7,260.1. Energy, tech, utilities and banks the big winners, helping the local bourse to outperform its regional counterparts. from 2021-06-03T07:03:54

A record high for the ASX 200 today, closing up 0.6% at 7,260.1. Energy, tech, utilities and banks the big winners, helping the local bourse to outperform its regional counterparts. Consume...

An all-time high for the S&P/ASX200 - the index gaining a healthy 1.05% with miners and energy coming to the party... from 2021-06-02T07:15:20

An all-time high for the S&P/ASX200 - the index gaining a healthy 1.05% with miners and energy coming to the party. The Most Valuable Players were Inghams (ING) and Santos (STO), both 6.5% h...

No lead in from Wall St this morning due to the Memorial Day holiday. Investors took this as an opportunity for some profit taking early in the session before something of an afternoon recovery. The ASX 200 still closed down 0.27%. from 2021-06-01T06:58:25

No lead in from Wall St this morning due to the Memorial Day holiday. Investors took this as an opportunity for some profit taking early in the session before something of an afternoon recovery....

An eighth day of gains in a row for the ASX with an intra-day record high to boot, but the market nevertheless found its way down to 7,161.60 - a dip of 0.25%. from 2021-05-31T07:00:16

An eighth day of gains in a row for the ASX with an intra-day record high to boot, but the market nevertheless found its way down to 7,161.60 - a dip of 0.25%. REITs were the only real gainers w...

A stellar day for the local bourse, with the ASX200 making record highs before closing up 1.2% at 7,179.5. from 2021-05-28T06:54:09

A stellar day for the local bourse, with the ASX200 making record highs before closing up 1.2% at 7,179.5. Miners, energy and industrials were the big winners with tech the only sector to f...

Markets continued to tread water today, waiting for the release of quarterly inflation figures from the US tomorrow evening. The ASX200 index closed up 0.03%. from 2021-05-27T07:03:01

Markets continued to tread water today, waiting for the release of quarterly inflation figures from the US tomorrow evening. The ASX200 index closed up 0.03%. After a strong run, the banks succu...

Another choppy day on the ASX, which saw the ASX 200 soar to 7,136 late morning before drifting back down to close at 7,092.5 - 0.3% down.Another choppy day on the ASX, which saw the ASX 200 soar to 7,136 late morning before drifting back down to close at 7,092.5 - 0.3% down. from 2021-05-26T07:04:45

Another choppy day on the ASX, which saw the ASX 200 soar to 7,136 late morning before drifting back down to close at 7,092.5 - 0.3% down. The tech names were the big winners (re-rotation anyone...

On Tuesday the S&P/ASX200 climbed 69.30 points or 1% to 7115.20, crossing above its 20-day moving average, but making a lot of people motion sick along the way from 2021-05-25T07:04:22

On Tuesday the S&P/ASX200 climbed 69.30 points or 1% to 7115.20, crossing above its 20-day moving average, but making a lot of people motion sick along the way. While Kogan did well - adding...

A choppy day on the local bourse as volatility made its presence felt, with investors bracing for higher inflation. The ASX 200 gained 0.22% to finish at 7,045.90. from 2021-05-24T07:02:01

A choppy day on the local bourse as volatility made its presence felt, with investors bracing for higher inflation. The ASX 200 gained 0.22% to finish at 7,045.90. Kogan bounced back 15% today a...

The S&P/ASX200 is up almost 11 points today to 7030. Boffins should call that a win, even though the index crossed 7050 at a trot in the morning before stuttering after lunch into the red it seems so suddenly fond of... from 2021-05-21T06:20:39

The S&P/ASX200 is up almost 11 points today or 0.15%. Boffins should call that a win, even though the index crossed 7050 at a trot in the morning before sliding into the red it seems so...

The S&P/ASX200 closed higher on Thursday, gaining 87.9 points or +1.27% to 7019.60... from 2021-05-20T07:01:34

The S&P/ASX200 closed higher on Thursday, gaining 87.9 points or +1.27% to 7019.60. Tech was back. Afterpay (APT) up 7.7% and Redbubble (RBL) killed it dead, up 6.5%. Materials weighed, the ...

The S&P/ASX200 hit its first real obstacle since early February, the benchmark index dropping 1.9 per cent, or 134 points, retracing an April ascent to be back under the revered 7,000 mark... from 2021-05-19T07:02:23

The S&P/ASX200 hit its first real obstacle since early February, the benchmark index dropping 1.9 per cent, or 134 points, retracing an April ascent to be back under the revered 7,000 m...

The ASX 200 shook off overnight declines in US markers to close up 0.60%. Energy, materials and financials were the day's winners, which more than offset modest declines in the REITs and industrials sectors. from 2021-05-18T07:10:10

The ASX 200 shook off overnight declines in US markers to close up 0.60%. Energy, materials and financials were the day's winners, which more than offset modest declines in the REITs a...

The local bourse began the day strongly but gradually whittled down its strong lead in from Wall St through mid morning. The ASX 200 ultimately closed down just 0.1%. from 2021-05-17T07:06:09

The local bourse began the day strongly but gradually whittled down its strong lead in from Wall St through mid morning. The ASX 200 ultimately closed down just 0.1%. Tech stocks were back ...

The major index bounced back today with a 0.6% jump to 7,014.20 after a strong lead in thanks to a lift in Wall St tech stocks. from 2021-05-14T06:28:40

The major index bounced back today with a 0.6% jump to 7,014.20 after a strong lead in thanks to a lift in Wall St tech stocks. Out-of-session futures are signalling that the momentum will conti...

The S&P/ASX200 closed well down, shedding -62.2 points or -0.88%... from 2021-05-13T07:13:55

The S&P/ASX200 closed well down, shedding -62.2 points or -0.88%. Thursday's Smack Fairy victims in order of descending wickedness: 1. Perenti Global (not enough workers) straightened o...

The S&P/ASX200 closed significantly lower Wednesday, shedding 52.1 points or -0.73% to 7044.90 after setting then forgetting its 52-week high of a few days earlier... from 2021-05-12T06:58:31

The S&P/ASX200 closed significantly lower Wednesday, shedding 52.1 points or -0.73% to 7044.90 after setting then forgetting its 52-week high of a few days earlier. Much of note, little of c...

High growth names were hosed today as inflationary concerns continue to ratchet higher. The ASX 200 index closed down 1.06%. from 2021-05-11T07:09:39

High growth names were hosed today as inflationary concerns continue to ratchet higher. The ASX 200 index closed down 1.06%. The steepest losses were in the IT sector, led by the buy-now-pa...

This arvo saw a shiny new S&P/ASX 200 record, the index lifting 92 points, or 1.3%, to 7172.8, trouncing the 7162.5 from February 20, last year... from 2021-05-10T07:01:43

This arvo saw a shiny new S&P/ASX 200 record, the index lifting 92 points, or 1.3%, to 7172.8, trouncing the 7162.5 from February 20, last year. Iron Ore wasn't the only commodity in th...

The S&P/ASX200 climbed 14 points on Friday, or 0.2% to 7075.70. Macquarie Bank stole the show on a slow news day, topping $3 billion in profit for the first time.... from 2021-05-07T06:40:21

The S&P/ASX200 climbed 14 points on Friday, or 0.2% to 7075.70. Macquarie Bank stole the show on a slow news day, topping $3 billion in profit for the first time.

The top three gainers...

The S&P/ASX200 closed lower Thursday, dropping 0.48% to 7061.7 after resetting its 52-week high just a day earlier... from 2021-05-06T07:02:47

The S&P/ASX200 closed lower Thursday, dropping 0.48% to 7061.7 after resetting its 52-week high just a day earlier. Spoiled for choice, the worst of the worst was a tight run thing between: ...

A cracking day for the local bourse with the ASX 200 closing at its highest point since February 2020. A bit of a dip late this afternoon but index still closed up 0.4% at 7,095.80. from 2021-05-05T07:05:27

A cracking day for the local bourse with the ASX 200 closing at its highest point since February 2020. A bit of a dip late this afternoon but index still closed up 0.4% at 7,095.80. All sectors ...

May the 4th be with you! The force was definitely with the ASX 200 today, which closed up 0.56% thanks to higher commodity and energy prices driving the price action... from 2021-05-04T07:06:43

May the 4th be with you! The force was definitely with the ASX 200 today, which closed up 0.56% thanks to higher commodity and energy prices driving the price action. Tech was the biggest loser ...

The ASX 200 faded mid morning to close up 0.06%. It was left to the banks to save the day with weakness opening in other parts of the market. from 2021-05-03T07:03:06

The ASX 200 faded mid morning to close up 0.06%. It was left to the banks to save the day with weakness opening in other parts of the market. Westpac jumped more than 5% after announci...

The S&P/ASX200 fell 62 points or 0.88% on Friday coming well off its 52-week high, as investors cashed in their April chips for a crack at May. from 2021-04-30T06:43:24

The S&P/ASX200 fell 62 points or 0.88% on Friday coming well off its 52-week high, as investors cashed in their April chips for a crack at May. Still, t'was the best month since Novembe...

Declining bond yields and ongoing dovish remarks from the Fed helped the local market close at its highest level since the pandemic began. from 2021-04-29T06:58:32

Declining bond yields and ongoing dovish remarks from the Fed helped the local market close at its highest level since the pandemic began. The XJO closed up 0.25%. Gainers were led by IT, helpin...

The local market kicked higher this morning after a weaker than expected inflation figure. The major index finished up 0.44%, just below its pre-COVID high. from 2021-04-28T07:09:48

The local market kicked higher this morning after a weaker than expected inflation figure. The major index finished up 0.44%, just below its pre-COVID high. All sectors rose, led by REITs, ...

The S&P/ASX200 fell on Tuesday, dropping some 0.2% to 7033.80.Worst of a bad bunch: Nickel Mines down 12% and Mesoblast 8% respectively... from 2021-04-27T07:07:13

The S&P/ASX200 fell on Tuesday, dropping some 0.2% to 7033.80. Worst of a bad bunch: Nickel Mines down 12% and Mesoblast 8% respectively. After five days of forgettable trade the index is exact...

A directionless start to a busy week, headlined by the Federal Reserve meeting on Thursday morning and local inflation data on Wednesday. from 2021-04-26T07:16:36

A directionless start to a busy week, headlined by the Federal Reserve meeting on Thursday morning and local inflation data on Wednesday. The ASX 200 closed down 0.2%. Strength in commodity pric...

The local market has ended in positive territory after being positively terrible for most of the day... from 2021-04-23T06:56:02

The local market has ended in positive territory after being positively terrible for most of the day. The S&P/ASX 200 managed to dig a 0.2% hole in early trade, which it then spent...

The ASX bounced back today with positivity returning after a couple of days of declines. The major index closed up 0.8% thanks to gains from CSL, the banks and a frothy iron ore price. from 2021-04-22T07:10:33

The ASX bounced back today with positivity returning after a couple of days of declines. The major index closed up 0.8% thanks to gains from CSL, the banks and a frothy iron ore price. Ener...

Another red day for the local bourse as the ASX 200 index closed down 0.3%... from 2021-04-21T06:53:46

Another red day for the local bourse as the ASX 200 index closed down 0.3%. However, the closing numbers don't tell the whole story - at lunchtime, the index was down closer to 1%. Many analysts...

The ASX 200 ended its purple patch today with a drop of 0.7% - its worst day in three weeks - following an overnight sell-off on Wall St and reflecting sentiment around the region. from 2021-04-20T07:01:29

The ASX 200 ended its purple patch today with a drop of 0.7% - its worst day in three weeks - following an overnight sell-off on Wall St and reflecting sentiment around the region. Communication...

Another day, another 13-month high for the ASX 200, closing up 0.03% . A strong lead in from Wall St and buoyant commodity prices helped the local open in the green and stay that way throughout the session. from 2021-04-19T07:15:18

Another day, another 13-month high for the ASX 200, closing up 0.03% . A strong lead in from Wall St and buoyant commodity prices helped the local open in the green and stay that way throughout ...

The ASX 200 flirted with positive territory this morning before spending most of the day in the red. from 2021-04-16T06:56:43

The ASX 200 flirted with positive territory this morning before spending most of the day in the red. We come home with a wet sail this afternoon to close up just 0.07% and register yet another 1...

The ASX 200 headed south in early trade before building up a head of steam mid-morning and closing up 0.5% at a 13-month high of 7,058.60. from 2021-04-15T07:08:15

The ASX 200 headed south in early trade before building up a head of steam mid-morning and closing up 0.5% at a 13-month high of 7,058.60. The momentum continues despite a lack of themes for inv...

A day of easy riches and low hanging fruit. Where the tech sector ran free, while total outcasts like Webjet and Flight Centre watched forlornly on from 'forever lockdown.' from 2021-04-14T07:04:53

I'm no psychologist, but I'm pretty sure that psychologically, any S&P/ASX200 company that didn't manage to make some coin today must be pretty broken. A day of easy riches and low hanging fruit. W...

A lacklustre day on the local market with the ASX 200 closing flat - up just 0.042%. The one bright spot was the the tech sector, which lifted more than 2% after the buy-now-pay-later names popped. from 2021-04-13T06:58:10

A lacklustre day on the local market with the ASX 200 closing flat - up just 0.042%. The one bright spot was the the tech sector, which lifted more than 2% after the buy-now-pay-later names popp...

The local bourse brushed off record highs on Wall St on Friday night to close down 0.3% - clearly looking for more direction than the bond market can offer. from 2021-04-12T07:04:21

The local bourse brushed off record highs on Wall St on Friday night to close down 0.3% - clearly looking for more direction than the bond market can offer. The miners weighed with gold sto...

It's Friday and I don't mind calling these markets weak, soft and underwhelming. A damp squib performance from an S&P/ASX200 that didn't want to be there and gave up pretending. from 2021-04-09T06:54:41

It's Friday and I don't mind calling these markets weak, soft and underwhelming. A damp squib performance from an S&P/ASX200 that didn't want to be there and gave up pretending. Th...

The ASX 200 index cracked 7,000 for just the second time in history today, before pulling back this afternoon to close at 6,998.80 - up 1.02%. from 2021-04-08T06:58:35

The ASX 200 index cracked 7,000 for just the second time in history today, before pulling back this afternoon to close at 6,998.80 - up 1.02%. The miners, banks and communications names wer...

Dust off the L'il Nas CD its time to party like its February 2020, as the directionless funk we like to call the ASX 200 closes up 0.4%... from 2021-04-07T07:05:30

Dust off the L'il Nas CD its time to party like its February 2020, as the directionless funk we like to call the ASX 200 closes up 0.4% and - get this - makes its first fourth straight gain of 2...

A third consecutive day of gains for the ASX 200, with the major index closing up 0.8%. from 2021-04-06T07:03:23

A third consecutive day of gains for the ASX 200, with the major index closing up 0.8%. All sectors finished the day in the green except for the energy and utilities sectors. The tech sector sur...

After a strong lead in this morning thanks to Joe Biden's announcement of a US$2 trillion infrastructure package, it was a choppy day on the local market which saw a late afternoon rally in the financials get us up by 0.6%. from 2021-04-01T06:05:18

After a strong lead in this morning thanks to Joe Biden's announcement of a US$2 trillion infrastructure package, it was a choppy day on the local market which saw a late afternoon rally in...

A real green and gold day here on Aussie markets. Quarter end flows helped push the local index to a five-week high - closing up 0.78%... from 2021-03-31T05:55:33

A real green and gold day here on Aussie markets. Quarter end flows helped push the local index to a five-week high - closing up 0.78%. The local bourse outperformed regional markets with all se...

The local bourse closed down 0.9% as investors watched the horizon for a contagion effect of the Archegos Capital liquidation and US$20 billion losses for Credit Suisse and Nomura. from 2021-03-30T06:13:15

The local bourse closed down 0.9% as investors watched the horizon for a contagion effect of the Archegos Capital liquidation and US$20 billion losses for Credit Suisse and Nomura.

Metals ...

After a strong lead in from Wall St, the major index started the day in the green before a slide began mid-morning, that ultimately saw it close down 0.36%. from 2021-03-29T06:11:18

After a strong lead in from Wall St, the major index started the day in the green before a slide began mid-morning, that ultimately saw it close down 0.36%. Industrials and materials were the on...

The local market drifted higher ending a solid week for the local market - up around 1.8%. from 2021-03-26T05:15:50

The local market drifted higher ending a solid week for the local market - up around 1.8%. Most sectors finished in the green, led by strong performances in materials, communications and tech. W...

Like cheap cologne this was a trading day full of false promise, where even the ex-dividend stocks were performing well in the first hour or so.  from 2021-03-25T06:10:27

Like cheap cologne this was a trading day full of false promise, where even the ex-dividend stocks were performing well in the first hour or so. Then came the hits - like Westpac running ...

After some underperforming for much of the past week, the local market managed a solid rebound today... from 2021-03-24T05:58:48

After some underperforming for much of the past week, the local market managed a solid rebound today - bucking the trend around the region. The local index closed up 0.57%. A lower Aussie dollar...

Like many Sydneysiders struggling with the dour weather today, the local bourse looked like it should have stayed in bed, sliding to a 0.11% drop. from 2021-03-23T05:55:20

Like many Sydneysiders struggling with the dour weather today, the local bourse looked like it should have stayed in bed, sliding to a 0.11% drop. A lack of fresh catalysts and unease about the ...

Consumer discretionary and healthcare led the gains on a day of trade that continued the reflation theme but in a less rational, more abstract manner. from 2021-03-22T05:57:20

Consumer discretionary and healthcare led the gains on a day of trade that continued the reflation theme but in a less rational, more abstract manner. If the trading day were a price of art it'd...

Aussie stocks remained range bound today in a scenario that's been familiar through out the course of this year. The ASX 200 finished down 0.6%. from 2021-03-19T05:31:13

Aussie stocks remained range bound today in a scenario that's been familiar through out the course of this year. The ASX 200 finished down 0.6%.

A late slide on Wall St set the tone, spark...

After pushing higher in early trade the ASX when into reverse mid-morning, after a better-then-expected February unemployment rate (5.8%) with the prospect of higher interest rates, ending the day down 0.7%. from 2021-03-18T06:02:44

After pushing higher in early trade the ASX when into reverse mid-morning, after a better-then-expected February unemployment rate (5.8%) with the prospect of higher interest rates, ending the d...

A red St Patrick's day on the local market as risk-off sentiment took hold ahead of tomorrow morning's FOMC meeting... from 2021-03-17T05:38:58

A red St Patrick's day on the local market as risk-off sentiment took hold ahead of tomorrow morning's FOMC meeting. Never mind expectations that it'll be more of the same from the Fed which wil...

The ASX 200 came back to life today, with a 0.8% jump to a three-week high of 6827.1. Tech, REITs and healthcare sectors were all helped by a decline in long bond rates. from 2021-03-16T06:02:46

The ASX 200 came back to life today, with a 0.8% jump to a three-week high of 6827.1. Tech, REITs and healthcare sectors were all helped by a decline in long bond rates. The market hit its high ...

A flat finish for the local bourse with a gain of just 0.09%. Healthcare and real estate led the gains. from 2021-03-15T06:13:04

A flat finish for the local bourse with a gain of just 0.09%. Healthcare and real estate led the gains - curiously the latter, as a bond proxy, would typically dip when bond yields rise. Meanwhi...

Australian stocks ended a disappointing week on a positive note, helped by some dip buying in beaten-down tech stocks and record closes on Wall St for the Dow and S&P 500. from 2021-03-12T04:44:10

Australian stocks ended a disappointing week on a positive note, helped by some dip buying in beaten-down tech stocks and record closes on Wall St for the Dow and S&P 500. Material...

A disappointing session today in what has been a disappointing week. Despite other markets in the region rallying hard, the ASX 200 managed to closed flat. from 2021-03-11T06:07:08

A disappointing session today in what has been a disappointing week. Despite other markets in the region rallying hard, the ASX 200 managed to closed flat. Local tech stocks were hit hard once a...

After starting the day in the green, the ASX 200 slid into the red mid-morning as jitters took hold and Chinese inflation data was better than expected... from 2021-03-10T06:16:46

After starting the day in the green, the ASX 200 slid into the red mid-morning as jitters took hold and Chinese inflation data was better than expected. The materials sector came under pressure ...

The major index finished the day up 0.5% despite yet another afternoon dip, this time dragged down by the tech names, which have responded negatively to rising bond yields. from 2021-03-09T06:03:07

The major index finished the day up 0.5% despite yet another afternoon dip, this time dragged down by the tech names, which have responded negatively to rising bond yields. Intervention fro...

The local bourse surged at the open after a strong Friday night lead in from Wall St but trailed off this afternoon to close up 0.43%. from 2021-03-08T06:06:12

The local bourse surged at the open after a strong Friday night lead in from Wall St but trailed off this afternoon to close up 0.43%. Declines across Asian markets contributed to the afternoon ...

It was another forgettable performance from the local market, wallowing in negative territory throughout Friday’s session... from 2021-03-05T05:08:04

It was another forgettable performance from the local market, wallowing in negative territory throughout Friday’s session. It was a disappointing end to a week that started with so much promise,...

Early on there was cause for joy, oh yes, there were even brief bouts of optimism following a decent lead overnight for materials, but by the end of the session we were down to the tune of 1.1%. from 2021-03-04T06:10:31

Early on there was cause for joy, oh yes, there were even brief bouts of optimism following a decent lead overnight for materials, but by the end of the session we were down to the tune of 1.1%....

Local equities rebounded on Wednesday, helped by an improvement in risk appetite across the region and a stronger-than-expected Australian GDP report... from 2021-03-03T06:03:48

Local equities rebounded on Wednesday, helped by an improvement in risk appetite across the region and a stronger-than-expected Australian GDP report. After lagging yesterday, materials were the...

It was a case of what could have been for the local market today with a strong opening bounce fizzling into the close, a disappointing result following strong gains on Monday. from 2021-03-02T06:05:29

It was a case of what could have been for the local market today with a strong opening bounce fizzling into the close, a disappointing result following strong gains on Monday.

All sectors ...

Australian shares surged to start the trading week, recouping some of the steep losses seen on Friday... from 2021-03-01T06:05:39

Australian shares surged to start the trading week, recouping some of the steep losses seen on Friday. Large caps drove the move, outpacing more modest gains across the smaller end of the market...

The ASX 200 followed Wall St lower, with no real rhyme or reason, closing down 2.35%... from 2021-02-26T05:15:13

The ASX 200 followed Wall St lower, with no real rhyme or reason, closing down 2.35%. Tech stocks like Afterpay were hammered as well as other growth companies such as Kogan and Pointsbet. Gold ...

Green on the screen today as the major index recovered from yesterday's losses to close up 0.8%. from 2021-02-25T06:11:07

Green on the screen today as the major index recovered from yesterdays losses to close up 0.8%. The market opened strongly after a strong lead-in from Wall St, with investors encouraged by Fed C...

Tuesday's bounce proved to be fleeting with the ASX falling heavily in line with movements in regional markets and profit taking in cyclical sectors such as materials, energy and financials... from 2021-02-24T05:47:58

Tuesday's bounce proved to be fleeting with the ASX falling heavily in line with movements in regional markets and profit taking in cyclical sectors such as materials, energy and financials - al...

The ASX200 came home strongly this afternoon to finish up 0.9% thanks to some massive gains in the REITs, resources and energy sectors. from 2021-02-23T06:14:50

The ASX200 came home strongly this afternoon to finish up 0.9% thanks to some massive gains in the REITs, resources and energy sectors. Tech dropped more than 4%, following the drop on the ...

Australian equities had a relatively flat start to the week, although there was a lot of movement beneath the surface thanks to earnings results and some big moves in the Aussie dollar, bond yields, and Chinese commodity futures. from 2021-02-22T06:14:52

Australian equities had a relatively flat start to the week, although there was a lot of movement beneath the surface thanks to earnings results and some big moves in the Aussie dollar, bond yie...

vProfit taking was the name of the game today after a week of gains following a raft of healthy half-year results. from 2021-02-19T05:56:34

Profit taking was the name of the game today after a week of gains following a raft of healthy half-year results. The ASX 200 index finished down 1.34% with tech, REITs and consumer staples the ...

A choppy day for the local bourse, which saw the ASX 200 come home with a wet sail to finish up 0.01% from 2021-02-18T06:04:17

A choppy day for the local bourse, which saw the ASX 200 come home with a wet sail to finish up 0.01%. Healthcare led the gains thanks to the sector's biggest component stock, CSL, lifting 2.8% ...

After a mixed lead from Wall St the ASX briefly entered green territory this morning before profit taking pushed the market south... from 2021-02-17T06:08:28

After a mixed lead from Wall St the ASX briefly entered green territory this morning before profit taking pushed the market south. A long list of companies reported half-yearly results with...

A stellar day for the local bourse, with the ASX 200 closing up 0.7% to an 11-month high. Energy, materials and health led the gainers with tech, retailers and healthcare down. from 2021-02-16T06:14:05

A stellar day for the local bourse, with the ASX 200 closing up 0.7% to an 11-month high. Energy, materials and health led the gainers with tech, retailers and healthcare down. Big news out...

The local bourse began the week strongly - up 0.9% - rebounding after an out of cycle decline on Friday with no deterioration in other markets. from 2021-02-15T06:02:39

The local bourse began the week strongly - up 0.9% - rebounding after an out of cycle decline on Friday with no deterioration in other markets. Miners, tech and energy were the big gainers ...

After a lacklustre lead in from Wall St, the local market climbed briefly into positive territory before the announcement of a 5-day stage-4 lockdown in Melbourne spoiled the party. from 2021-02-12T06:19:58

After a lacklustre lead in from Wall St, the local market climbed briefly into positive territory before the announcement of a 5-day stage-4 lockdown in Melbourne spoiled the party. It was all d...

With Asian markets closed for the Lunar New Year holiday and a soft lead in from Wall St, the name of the game for the local market was consolidation of recent gains - the ASX 200 closing down 1%. from 2021-02-11T06:13:12

With Asian markets closed for the Lunar New Year holiday and a soft lead in from Wall St, the name of the game for the local market was consolidation of recent gains - the ASX 200 closing down 1...

Markets bounced back after rare bout of weakness on Tuesday boosted by solid gains in the tech, utilities and REITs sectors... from 2021-02-10T06:00

Markets bounced back after rare bout of weakness on Tuesday boosted by solid gains in the tech, utilities and REITs sectors. The ASX 200 closed up 0.52% at 6,856.90.

The BNPL names were a ...

After a strong start to February, profit taking set in on the local market today. from 2021-02-09T06:10:11

After a strong start to February, profit taking set in on the local market today. Early gains evaporated as the session progressed. Losses were led by utilities and REITs, hit by a continue...

Big day for cyclicals today with the major index up 0.6% to an 11-month high. Banks, energy miners, (BHP, RIO and FMG all up 2-3%) led the way. Tech also up 0.8%. from 2021-02-08T06:23:35

Big day for cyclicals today with the major index up 0.6% to an 11-month high. Banks, energy miners, (BHP, RIO and FMG all up 2-3%) led the way. Tech also up 0.8%. Zip Co closed up more than 13% ...

The ASX finished up with largest weekly gain this year, propelled by strong gains across most sectors. from 2021-02-05T05:16:09

The ASX finished up with largest weekly gain this year, propelled by strong gains across most sectors. Materials and metals and mining were the only sectors to close down. The major index w...

A dour day on the market with the major index closing down 0.9%. With so much good news now priced in, and after three days of gains, it was just a bit too hard for the market to kick higher again. from 2021-02-04T06:07:30

A dour day on the market with the major index closing down 0.9%. With so much good news now priced in, and after three days of gains, it was just a bit too hard for the market to kick highe...

The local market added to Monday and Tuesday's gains to close up 0.9% today, with positivity abounding as we head into reporting season. from 2021-02-03T06:08:14

The local market added to Monday and Tuesday's gains to close up 0.9% today, with positivity abounding as we head into reporting season. Financials, real estate and CSL led the gainers as invest...

Renewed stimulus hopes and a surprise extension of QE sparked another strong rally in the local market with the ASX 200 closing up 1.49%, adding to the sharp turnaround seen at the start of the week. from 2021-02-02T05:56:26

Renewed stimulus hopes and a surprise extension of QE sparked another strong rally in the local market with the ASX 200 closing up 1.49%, adding to the sharp turnaround seen at the start of the ...

The local bourse recovered from a morning dive into the red to close up 0.8% as news came out that short positions in GameStop had been substantially reduced and start-of-month flows kicked in. from 2021-02-01T06:09:59

The local bourse recovered from a morning dive into the red to close up 0.8% as news came out that short positions in GameStop had been substantially reduced and start-of-month flows kicked in. ...

The local market closed out the day down 0.6% to record its worst week since October. Financials and miners weighed while retail, healthcare and industrials finished in the green. from 2021-01-29T06:27:44

What a week it was. Was it Wall St taking on Main St or vice versa? Was it market manipulation? Whatever you want to call it, US regulators will need to take a good hard look at the events of th...

The local bourse followed the sell off on Wall St to record its worst day in almost four months. The ASX 200 closed down 1.9%. from 2021-01-28T06:20:21

The local bourse followed the sell off on Wall St to record its worst day in almost four months. The ASX 200 closed down 1.9%. In fact only one tenth of the Chi-X X2C 200 index finished in the g...

The 2021 outlook for retail stocks and will Elon Musk face action from the SEC? from 2021-01-27T06:05:45

You may have noticed a few changes to the ausbiz lineup for 2021. We've welcomed new presenters on air; Annette Beacher who brings 30+ years of experience in economics and macro strategy, and Ka...

Predictably volumes were down today ahead of Tuesday's Australia Day holiday. Despite this, the ASX200 edged higher, up 0.26% reflecting a broadly positive session across Asia as financial markets weigh up the risks of ongoing bullishness... from 2021-01-25T05:50:24

Predictably volumes were down today ahead of Tuesday's Australia Day holiday. Despite this, the ASX200 edged higher, up 0.26% reflecting a broadly positive session across Asia as financial ...

After two days of 11-month highs, the ASX200 took a break today, closing down 0.43%... from 2021-01-22T05:52:31

After two days of 11-month highs, the ASX200 took a break today, closing down 0.43%. The iron ore miners and banks led the losers and Afterpay dropped 5.5% on profit taking after hitting a ...

The local bourse followed a robust lead in from Wall St, which saw the NASDAQ and S&P500 crack record highs thanks to an 18% pop in Netflix stock and excitement around the Biden presidency. from 2021-01-21T06:04:04

The local bourse followed a robust lead in from Wall St, which saw the NASDAQ and S&P500 crack record highs thanks to an 18% pop in Netflix stock and excitement around the Biden presidency. ...

All eyes are on Washington as the ASX closes up 0.4% on a strong lead in from Wall St from 2021-01-20T05:58:07

With all eyes on Washington for the inauguration of the 46th President at 4am tomorrow morning AEDT, incoming Treasury Secretary, Janet Yellen, joined the party with comments about even more sti...

Broker upgrades, M&A activity and low volumes combined for a surprisingly strong Tuesday trading session. The major index closed up 1.19%. from 2021-01-19T05:58:06

Broker upgrades, M&A activity and low volumes combined for a surprisingly strong Tuesday trading session. The major index closed up 1.19%. Goldman Sachs and UBS upgraded the banks, while Rio...

A sluggish start to the week with pressure on the banks and miners. Given they represent around half the market, they dragged the ASX down 0.8%. from 2021-01-18T05:53:35

A sluggish start to the week with pressure on the banks and miners. Given they represent around half the market, they dragged the ASX down 0.8%. Medical imaging company Pro Medicus (PME) was up ...

A flat day for the ASX 200, closing up 0.0015% with the Afterpay juggernaut the story of the day - closing up 10% after broker upgrades and today's stimulus announcement from Joe Biden. from 2021-01-15T05:52:03

A flat day for the ASX 200, closing up 0.0015% with the Afterpay juggernaut the story of the day - closing up 10% after broker upgrades and today's stimulus announcement from Joe Biden. The hot ...

After a shaky start, the ASX 200 index came home strongly to close up 0.4% on positivity around Joe Biden's planned announcement tonight on the details of his economic stimulus package. from 2021-01-14T06:19:17

After a shaky start, the ASX 200 index came home strongly to close up 0.4% on positivity around Joe Biden's planned announcement tonight on his economic stimulus package. It was tech's day with ...

After a morning dip, the ASX 200 came home with a wet sail to close up 0.1% and break its three day losing streak.  from 2021-01-13T05:55:23

After a morning dip, the ASX 200 came home with a wet sail to close up 0.1% and break its three day losing streak. All in all a fairly uneventful day as the market looks for the next catalyst ...

A choppy day for the ASX with the major index closing flat after being up 0.5% around midday. from 2021-01-12T05:58:52

A choppy day for the ASX with the major index closing flat after being up 0.5% around midday. The banks led the gains (up around 1%) while tech, energy, healthcare and utilities were all down. T...

It was all downhill for the local bourse today despite a record night on Wall St on Friday. The ASX 200 dipped below 6,700 mid afternoon to close at 6,697.2. from 2021-01-11T06:12:42

It was all downhill for the local bourse today despite a record night on Wall St on Friday. The ASX 200 dipped below 6,700 mid afternoon to close at 6,697.2. Energy and utilities were the bright...

A solid week of gains for the Australian market; today's session closed on the day's high with the BNPL darlings leading the info tech sector higher from 2021-01-08T05:59:06

A solid week of gains for the Australian market; today's session closed on the day's high with the BNPL darlings leading the infotech sector higher. Utilities and property trusts came under...

What a day! The ASX 200 closed up 1.6%, pushing aside concerns that Democrat-controlled US Senate and chaos in Washington would be a negative for equities. from 2021-01-07T06:17:20

What a day! The ASX 200 closed up 1.6%, pushing aside concerns that Democrat-controlled US Senate and chaos in Washington would be a negative for equities. The benefits of stimulus cle...

Markets fretted at the prospect of a Democrat controlled Congress today which ushers the way for higher taxes and increased regulation. from 2021-01-06T06:07:20

Markets fretted at the prospect of a Democrat controlled Congress today which ushers the way for higher taxes and increased regulation. The XJO index closed down 1.1%. Yield sensitive secto...

A flat finish on the local bourse, with the major index closing down just 0.03%. from 2021-01-05T06:05:19

A flat finish on the local bourse, with the major index closing down just 0.03%. Materials led the way with iron ore miners back in favour. Consumer staples and tech were also up a touch while f...

It was a strong start to the New Year with the ASX up 1.4%. Materials (we're looking at you gold miners & Fortescue) and consumer-related companies led the charge from 2021-01-04T05:53:37

And hello 2021! It was a strong start to the New Year with the ASX up 1.4%. Materials (we're looking at you gold miners & Fortescue) and consumer-related companies led the charge. Commoditie...

The ASX brought a bit of Christmas cheer today, with the major index closing up 0.3%. Volume was predictably light in a shortened Christmas Eve session. from 2020-12-24T03:37:32

The ASX brought a bit of Christmas cheer today, with the major index closing up 0.3%. Volume was predictably light in a shortened Christmas Eve session. The local bourse was helped by an ov...

Markets rallied for no particular reason today with the ASX up 0.66%... from 2020-12-23T05:47:26

Markets rallied for no particular reason today with the ASX up 0.66%. The market drifted higher in thin trade boosted by gains across every sector except materials. REITs led the way with a 2% g...

Improved COVID numbers in Sydney but that positivity didn't translate to the ASX, with the major index down 1.05%... from 2020-12-22T05:49:36

Improved COVID numbers in Sydney but that positivity didn't translate to the ASX, with the major index down 1.05%. Maybe too much good news has already been priced in. REITs and healthcare ...

A flat day for the local bourse (down 0.1%) with negative sentiment around the COVID cluster on Sydney's northern beaches, Brexit negotiations breaking down and a more virulent strain of the virus emerging in the UK. from 2020-12-21T05:56:22

A flat day for the local bourse (down 0.1%) with negative sentiment around the COVID cluster on Sydney's northern beaches, Brexit negotiations breaking down and a more virulent strain of the vir...

The local market closed down 1.2% today despite a strong lead in from Wall St from 2020-12-18T05:54:17

The local market closed down 1.2% today despite a strong lead in from Wall St - which was full of positivity after Congress moved closer to a deal and agreement on Brexit also got closer, save f...

The Santa Claus rally rolls on with a 10-month high for the ASX200 today - up 1.2% to 6756.7. from 2020-12-17T06:12:22

The Santa Claus rally rolls on with a 10-month high for the ASX200 today - up 1.2% to 6756.7. A strong lead in from Wall St thanks to the US Congress edging closer to a $1.2 trillion stimul...

Hope springs eternal! At least that's what the market seemed to think today; boosted by Congress in the US last night inching closer to a deal on stimulus. from 2020-12-16T06:10:33

Hope springs eternal! At least that's what the market seemed to think today; boosted by Congress in the US last night inching closer to a deal on stimulus. The ASX 200 closed up 0.7%. Tech was a...

The local market limped to the close, falling away with the miners and energy names proving the biggest weight... from 2020-12-15T05:55:01

The local market limped to the close, falling away with the miners and energy names proving the biggest weight. Iron ore miners took a hit across the board with coal companies damaged by th...

The ASX200 closed in the green today on vaccine positivity and a further surge in iron ore but no real rhyme or reason otherwise. from 2020-12-14T06:06:41

Tech led the gainers (up 3% and Afterpay up 8.8% to $109.93!) while the banks, consumer discretionary (Wesfarmers up 2.7% to $50.94) and REITs also performed strongly. Healthcare, gold, material...

A second red finish in a row for the ASX 200 with healthcare, industrials and consumer discretionary weighing. from 2020-12-11T05:33:12

A second red finish in a row for the ASX 200 with healthcare, industrials and consumer discretionary weighing. The index closed down 0.61%.CSL was down more than 3% after its coronavirus vaccine...

A negative lead in from Wall St meant the local bourse didn't quite make its record 2020 stretch of eight consecutive winning sessions, with a 0.7% drop today. from 2020-12-10T06:07:46

Profit takers took the heat off the market with all sectors down. Tech led the falls and gold and communications also took a hit. The surging iron ore price continues to grease the rails fo...

Another day, another none-month high, for the ASX - the seventh consecutive day of gains (up 0.6%). from 2020-12-09T06:15:25

In fact, if the market is up again tomorrow it will be the longest winning streak of the year. The All Ords is already up 15.9% for the December quarter and we're not too far off the largest qua...

Everything old is new again, with investors piling back into tech, gold, healthcare, utlities and consumer staples. from 2020-12-08T06:18:11

These sector rotations, and rotations out of rotations, will surely be one of the defining characteristics of the market in 2020. The ASX 200 closed up 0.2% at a nine- month high, and the sixth ...

Iron ore struck March 2013 highs today, pushing the metals and mining sector up up 1.7% and helping the ASX 200 to a rise of 0.6%. from 2020-12-07T06:05:25

Rampant Chinese demand and restrictions on supply from Brazil mean prices for the red dirt still have a long way to run, according to the analysts we spoke to today. Consumer staples, energy and...

The local market made a 0.28% gain, with the broad-based Asian MSCI lifted above its November 25th high. from 2020-12-04T05:15:01

News overnight Pfizer would take longer than first expected to roll out its vaccine put a small dampener on markets, but not enough to send them into negative territory. The local market made a&...

A great day for the iron ore miners thanks to the red dirt hitting near seven-year highs on surging Chinese steel production... from 2020-12-03T05:53:05

A great day for the iron ore miners thanks to the red dirt hitting near seven-year highs on surging Chinese steel production. Fortescue was up 13% to $20.66. Are these valuations justified or is...

A better than expected GDP read lifted the ASX 200 marginally to flat close - up 0.03%... from 2020-12-02T06:07:46

A better than expected GDP read lifted the ASX 200 marginally to flat close - up 0.03%. The lift in GDP was largely due to an increase in spending on services - the largest sector of the Austral...

The local bourse recovered strongly after a mid-morning dip into the red to close up 1.08% from 2020-12-01T05:58:53

The local bourse recovered strongly after a mid-morning dip into the red to close up 1.08%. All sectors were up today, except energy, which was down thanks to OPEC+ dramas and the fall in the oi...

The local bourse opened strongly but slid lower throughout the day to close down 1.3%. Nevertheless, the gain of around 10% for November was the biggest monthly gain for the market since March 1988... from 2020-11-30T06:19:03

The local bourse opened strongly but slid lower throughout the day to close down 1.3%. Nevertheless, the gain of around 10% for November was the biggest monthly gain for the market since March 1...

A Thanksgiving dip for the ASX 200 with the index closing down 0.53%. from 2020-11-27T05:30:35

A Thanksgiving dip for the ASX 200 with the index closing down 0.53%. Real estate, gold and communications finished in the green while energy, utilities consumer staples weighed. Our Stock of th...

A 0.7% dip for the ASX 200 today with something of a re-rotation back into growth names... from 2020-11-26T06:05:49

Today's ASX Refinitiv Charity Foundation Trading Day closed with ausbiz's Chairman, David Koch, having the honour of ringing the closing bell. Well done to the ASX for donating today's fees rece...

Scutty reckons only a black swan can stop this market... from 2020-11-25T06:21:04

A solid day on the local bourse - following a strong lead in from the Dow as it surpassed the "sacred number" of 30,000, as a certain Donald Trump referred to it. The ASX 200 cracked nine-month ...

A bumper day for the local market with the ASX 200 pushing to a nine-month high to close up 1.3% at 6,644.1. from 2020-11-24T06:00:40

A bumper day for the local market with the ASX 200 pushing to a nine-month high to close up 1.3% at 6,644.1. The banks went on a tear, with the Big Four all up 2-3%. As our old mate Scutty remin...

A solid session after the local bourse mirrored the rise in futures this morning and them stalled around midday. We eventually closed up 0.3% at hit a nine month high of 6,561.6 from 2020-11-23T06:08:49

A solid session after the local bourse mirrored the rise in futures this morning and them stalled around midday. We eventually closed up 0.3% at hit a nine month high of 6,561.6, keeping the mar...

After posting gains for most of the day, the local bourse dipped this afternoon to close down 0.1%. The ASX 200 was still up over 2% for the week, the third consecutive weekly gain. from 2020-11-20T06:40

After posting gains for most of the day, the local bourse dipped this afternoon to close down 0.1%. The ASX 200 was still up over 2% for the week, the third consecutive weekly gain. Financials, ...

After spending most of the day in the red, the ASX 200 came home with a wet sail to close up 0.3%... from 2020-11-19T05:53:18

Futures expiry perhaps playing a small part in the rally. The banks led the way once again thanks to dividends returning, improving housing conditions and overall positivity about economic condi...

Solid volume going through as the 'Great Rotation' continued on the ASX today. The ASX 200 closed up 0.5%... from 2020-11-18T06:12:58

Everything coming up roses for the banks in terms of positive housing data, stamp duty being abolished in NSW and the RBA's Phil Lowe talking up the housing market as well. CBA up 2.7%, NAB up 2...

The ASX 200 was back with gusto today, spending most of the day above the 6,500 level but only closing up 0.21%... from 2020-11-17T06:04:56

The ASX 200 was back with gusto today, spending most of the day above the 6,500 level but only closing up 0.21%. It was off to a healthy start thanks to Moderna's announcement last night that it...

In the 24 minutes of trading we did have today, the ASX 200 was up over 1% after a strong lead in from Wall St, so let's call it a positive session. from 2020-11-16T06:03:14

A write off for the market today with a glitch at the ASX shutting down equities trading for the day at 10:24am. The exchange says the problem has been rectified and normal trading will resume a...

After a rollicking start to the week due to vaccine optimism, the ASX 200 finished with two negative sessions - today down 0.2%. from 2020-11-13T06:12:34

The gold sector jumped 4.5% on increased uncertainty in the US, while healthcare, tech and materials were also up. Real estate, consumer staples and energy were all down. Don't forget to check o...

The local bourse followed Wall St's lead today with something of a rotation out of the rotation. The ASX 200 closed down 0.5%. from 2020-11-12T05:55:04

The local bourse followed Wall St's lead today with something of a rotation out of the rotation. The ASX 200 closed down 0.5%. Tech and growth stocks were back in favour while the banks and mine...

A third consecutive day of solid gains for the local market with the ASX 200 index up 1.8% and a healthy 9% since the start of last week. from 2020-11-11T05:57:16

The rotation to cyclicals continues with the banks, in particular, in favour. CBA was out with its quarterly update and despite Q1 profit down 16%, loan deferrals were down so shares closed up 2...

The market responded resoundingly to last night's Pfizer vaccine announcement with a massive rotation out of growth stocks to the value names. from 2020-11-10T06:01:18

It really was a tale of two markets as energy, financials and industrials surged, while the sectors that sustained the market during the pandemic - gold, tech, consumer staples, consumer discret...

The local market obviously liked a Biden win and the prospect of a divided US Congress, with the ASX 200 up 1.8% today to an eight-month high of 6,298.8. from 2020-11-09T06:09:06

Trump's legal threats and last week's talk of a contested result being the worst-case scenario for the market were both disregarded by investors. Materials, communications and tech were the big ...

The ASX 200 closed up 0.82%, with consumer discretionary metals and mining leading the gainers. Utilities, tech and healthcare took a hit. from 2020-11-06T06:18:12

What a week. Markets relished US Election gridlock, with tax hikes and regulatory pressure on the tech giants off the table for now. This afternoon, Georgia and Pennsylvania could go either way ...

Great session for the local bourse as we continue to process what is looking increasingly like a very protracted US election outcome. from 2020-11-05T06:07:47

Election gridlock is being perceived as a positive by markets, with a delay in the implementation of the leftist policies of the Democrats around tax and tighter regulation on the tech giants. T...

What a day. The local market took a dip before bouncing back in the afternoon as Trump's chances improved. Talk about deja vu all over again! from 2020-11-04T06:16:05

The ASX 200 closed down 0.07% led by tech and industrials. Futures were also up which, depending on whether you think the election result will be contested or not, was due to the tech sector bre...

The ASX 200 climbed higher this afternoon, finishing up 1.9%, after the RBA announced a 15 basis point rate cut to a record low 0.1% and a $100 billion bond buying program. from 2020-11-03T06:12:49

The energy sector surged 5.3% due to a pop in crude prices and Beach Energy's (up 7.4%) purchase of Senex's Cooper Basin assets. Property (up 2.7%), gold (up 2.6%) and consumer discretionary (up...

After a mid-morning dip, the local market found its way back into positive territory to close up 0.4%. from 2020-11-02T06:18:51

AMP closed at a three-month high as the Ares valuation came in higher than originally thought, at $6.4 billion, while Westpac closed down 1% after its half-year result raised some concerns aroun...

vThe ASX 200 closed down 0.5% today to end the local bourse's worst week in almost six months. from 2020-10-30T06:49:26

A very choppy day in what looks like being the norm until the outcome of the US election is locked in. Energy and financials led the gainers this session, while tech, industrials and consumer di...

The ASX fell to a three-week low today as growing Covid numbers in the US and Europe drove risk-off sentiment. The ASX 200 index closed down 1.6% with all sectors in negative territory. from 2020-10-29T06:07

ANZ closed down 2.1% after releasing full-year results today. We spoke with CEO, Shayne Elliott, who said the bank had not lost a single dollar to Covid-19 and loan deferrals were dropping at ra...

The ASX 200 clawed its way up to a 0.1% gain with the Aussie market following the international trend to a reversion to lockdown market dynamics. from 2020-10-28T06:10:01

The ASX 200 clawed its way up to a 0.1% gain with the Aussie market following the international trend to a reversion to lockdown market dynamics. This despite our communities being wide ope...

It was all downhill for the ASX 200 today after it followed Wall St's 2% drop overnight. from 2020-10-27T05:09:04

It was all downhill for the ASX 200 today after it followed Wall St's 2% drop overnight. Tech, energy and consumer discretionary led the falls with gold also heavily sold. Here's an ausbiz ...

After a surge of enthusiasm pushed the ASX 200 through 6,200 this morning, it was all downhill from there, to finish at 0.2% down. from 2020-10-26T06:02:57

Buy-now-pay-later and e-commerce stocks all got a reality check today after the recent surges. A takeover offer from Coke Europe pushed Coca-Cola Amatil up more than 16%, with the local boa...

The ASX 200 bounced back from a mid day drop but still closed down 0.11% in what has been a strong month so far. from 2020-10-23T05:19:20

The ASX 200 bounced back from a mid day drop, but still closed down 0.11% in what has been a strong month so far. Perhaps surprising, given the amount of uncertainty out there and the fact that ...

The ASX 200 came back strongly from a morning dip to close down 0.3%. Not a bad effort considering the larger falls around the region, apart from the Hang Seng. from 2020-10-22T06:00:26

OZ Minerals hit a nine-year high today thanks to an impressive quarterly update, as well as the surging copper price. Meanwhile, Australia Post CEO, Christine Holgate, has been forced to stand a...

A flat day on the local bourse after a decent run of green sessions. The ASX 200 closed up a mere 0.12% with the Chi-X Top 200 up 0.09%. from 2020-10-21T06:00:03

The higher AUD (up around 0.5% during the session) may have played a role today, providing some headwinds for the offshore earners. Our Stock of the Day, Temple and Webster, was slammed today - ...

What started as a great week yesterday ended with a whimper today as the ASX finished down half a percent following an impasse on stimulus between U.S. lawmakers. from 2020-10-20T06:27:32

What started as a great week yesterday ended with a whimper today as the ASX finished down half a percent following an impasse on stimulus between U.S. lawmakers. Afterpay and Westpac struc...

Data pay play as nuclear voices grow louder from 2020-10-19T06:08:35

While China's third quarter GDP was a miss in terms of the major economic data point of the day, investors were more attuned to the Chinese consumer and news overnight that Pfizer had started pr...

Bit of softness today but a reasonable performance considering the rout in Europe last night. The ASX 200 closed down 0.5% led by the miners, banks and CSL. from 2020-10-16T05:32:44

Bit of softness today but a reasonable performance considering the rout in Europe last night. The ASX 200 closed down 0.5% led by the miners, banks and CSL. Rio Tinto's third-quarter production ...