Our AU Market overview What happened The market ticked up 0.28%, buoyed by financials and industrials. Commonwealth Bank and Westpac shone, thanks to their defensive allure. Industrials like Brambles added sparkle, but earnings season kept things spicy with some misses. Despite global jitters, local factors held sway. Why it matters for investors With financials and […]
Our AU Market overview What happened The market took a hit, slipping 0.41% as investors grappled with weaker global sentiment and mixed corporate results. A broad sell off in major U.S. indices overnight added to the pressure while resource stocks like Rio Tinto underperformed due to softer commodity prices and weaker Chinese demand. Why it […]
Our AU Market overview What happened Local shares were flat, up just 0.06% as investors grappled with valuation concerns and mixed earnings. The market’s recent rally hit a speed bump, with resource stocks losing their shine amid softer commodity prices and global growth jitters. Select companies like Aussie Broadband and NIB Holdings bucked the trend […]
Our AU Market overview What happened The market slipped 0.57% after hitting record highs earlier, as global equity weakness and U.S. Federal Reserve caution spooked investors. Major banks saw mixed results, while healthcare lagged with CSL down 3.35%. Energy stocks shone, buoyed by rising oil prices. Why it matters for investors This dip highlights the […]
Our AU Market overview What happened The market ticked up by 1.13%, buoyed by robust earnings from industrials like Downer EDI, which hit a 52-week high. However IPH took a tumble dropping nearly 20% despite solid results as investors questioned growth sustainability. Global gains and stable commodities added a positive vibe. Why it matters for […]
Our AU Market overview What happened The market ticked up by 0.25%, showing resilience amid mixed earnings reports and global influences. Financials rebounded, counteracting a sharp drop in energy stocks, notably Yancoal’s 11.4% plunge. Consumer sentiment rose boosting discretionary stocks while expectations of future rate cuts added a positive twist. Why it matters for investors […]
Our AU Market overview What happened The market dipped 0.70%, weighed down by lacklustre earnings and company specific troubles. CSL led the charge south, plummeting 16.9% after announcing workforce cuts. Despite some tech and lending stocks showing resilience, they couldn’t buoy the overall market mood. Why it matters for investors This highlights the market’s sensitivity […]
Our AU Market overview What happened The market nudged higher, climbing 0.23% as investors cheered strong corporate earnings and positive economic signals. Lendlease, GPT Group and Aurizon Holdings led the charge, buoyed by upbeat financial results and strategic moves. Ampol’s surprising half year performance added to the optimism. Why it matters for investors This uptick […]
Our AU Market overview What happened The market reached new highs, climbing 0.73% as investors cheered a rate cut and falling unemployment. Standout earnings from healthcare and M&A activity, like Ampol’s acquisition, drove gains. However, Commonwealth Bank’s modest growth showed some sectors face high expectations. Why it matters for investors With supportive economic signals and […]
Our AU Market overview What happened The market climbed to fresh highs, advancing over 0.5% as robust domestic data and strong corporate earnings bolstered confidence. The unemployment rate fell to 4.2%, with record high female participation and solid job growth while Pro Medicus surged over 6% on a 39% profit jump. Why it matters for […]
Our AU Market overview What happened The market edged up by 0.41%, reaching a record high of 8,880. This boost was largely driven by the RBA’s decision to cut rates by 25 basis points to 3.60% as easing inflation and a push to spur household spending took centre stage. The central bank flagged that while […]
Our AU Market overview What happened The ASX 200 climbed 0.43%, reaching new heights as optimism around an expected RBA rate cut tomorrow boosted sentiment. Gains were driven by resource giants and a surge in lithium stocks, while tech lagged due to weaker earnings reports. Why it matters for investors With the RBA expected to […]