Our AU Market overview What happened The market slipped 0.28%, with tech and financial stocks weighing heavily. Despite this, the materials sector shone, climbing 1.36% thanks to mining stocks riding high on strong commodity prices. Consumer discretionary names like Wesfarmers and JB Hi Fi hit multi year highs, showcasing resilience amid the broader dip. Why […]
Our AU Market overview What happened The ASX 200 took a breather, slipping 0.14% after hitting record highs earlier in the week. A sharp drop in ASX’s shares due to an unexpected A$35 million cost increase weighed heavily. Investors shifted focus from banks to mining and healthcare stocks amid interest rate concerns and resilient earnings […]
Our AU Market overview What happened The ASX 200 climbed 0.84% to a new record high today driven by strong gains in banks like CBA and Westpac, as well as mining giant BHP and healthcare leader CSL, all of which posted solid advances. Investor optimism was further boosted by growing expectations of interest rate cuts […]
Our AU Market overview What happened The ASX 200 ended flat (+0.02%) as investors digested global trade tensions and a weaker-than-expected US jobs report. Defensive names like Woolworths and Wesfarmers held the line, while miners slipped on softening commodity prices. Locally, earnings season kicked off with traders looking to corporate results for insight into cost […]
Our AU Market overview What happened The ASX 200 ended flat (+0.02%) as investors digested global trade tensions and a weaker-than-expected US jobs report. Defensive names like Woolworths and Wesfarmers held the line, while miners slipped on softening commodity prices. Locally, earnings season kicked off with traders looking to corporate results for insight into cost […]
Our AU Market overview What happened The ASX 200 fell 0.92% as investors reacted to a weak lead from U.S. markets, where major indices declined amid month end repositioning and ongoing tariff concerns. Lower oil prices, with Brent crude down nearly 1% to US$72.55 a barrel, weighed on local energy shares, while uncertainty around trade […]
Our AU Market overview What happened The ASX 200 rose 0.60% today as investors responded positively to softer than expected Australian inflation data. The June quarter CPI rose just 0.7% and annual inflation eased to 2.1%, boosting confidence that interest rates will be cut next month . Gains were led by major banks such as […]
Our AU Market overview What happened The ASX 200 rose 0.60% today as investors responded positively to softer than expected Australian inflation data. The June quarter CPI rose just 0.7% and annual inflation eased to 2.1%, boosting confidence that interest rates will be cut next month . Gains were led by major banks such as […]
Our AU Market overview What happened The ASX 200 edged up 0.08% as investors balanced early losses with cautious optimism ahead of tomorrow’s key Australian inflation data, which could influence future Reserve Bank policy. Gains in select resource and technology stocks helped offset weakness in financials and real estate. Global sentiment remained mixed after modest […]
Our AU Market overview What happened The ASX 200 rose 0.36% today as optimism from a new U.S. EU trade agreement and expectations of an extended U.S. China tariff truce boosted investor confidence, offsetting recent weakness in local banks and falling oil prices. Gains in large caps like Newmont Corporation, Commonwealth Bank of Australia and […]
Our AU Market overview What happened The ASX 200 fell 0.49% today as cautious comments from the Reserve Bank of Australia’s governor led investors to pare back expectations for interest rate cuts this year, weighing on major banks and financials. Weakness in heavyweight mining stocks like BHP also dragged the index lower, while mixed U.S. […]
Our AU Market overview What happened The ASX 200 slipped 0.32% today as early gains faded, with investors responding to a more cautious tone from the Reserve Bank. Governor Michele Bullock noted that trimmed mean inflation is declining, but not as quickly as expected, signalling that any rate cuts are likely to be gradual. Financials […]