MARKET AT MIDDAY The ASX 200 is up 6 points to 7320 (+0.1%), starting the week on a positive note. The energy sector driving gains, with Woodside Energy (WDS) +1.7%, Santos (STO) +1.8%, and Beach Energy (BPT) +0.5% all up. The market keeping an eye on data indicating a contraction in Australian manufacturing and services activities in July, as well as awaiting second-quarter inflation data expected…
ASX finished down 8 points to 7306 (-0.1%) in a subdued day of trading ahead of CPI release on Wednesday, with forecasts of a further decline in inflation MoM. Energy the biggest gainer as Crude continues to gain, WDS and STO both gaining 2.3% and 2.2%. Banks continuing to ease off from last week, while…
These are out Weekly charts covering the Markets and Sectors – they give you a feel for the “Tide” and the undercurrents.
These tables show you what happened in the Market last week – it includes ETF performance as well.
Wall Street closed mixed overnight as the market digested the latest round of tech earnings and fresh signs of labour market resiliency.
Wall Street closed mixed overnight as the market digested the latest round of tech earnings and fresh signs of labour market resiliency. Dow Jones up 164 points (+0.47%), marking its ninth straight day of gains, its longest streak since 2017, supported by Johnson & Johnson, which jumped 6% on upbeat revenue and earnings. Dow at…
MARKET AT MIDDAY The ASX 200 is down 25 points to 7300 (-0.3%) driven by losses in the technology sector, mirroring movements in the US overnight. Wisetech (WTC) -2.7% and Seek (SEK) -2.9%.Coronado Global Resources (CRN) up 2.5% after maintaining its FY23 guidance and reporting production growth in the June quarter. Atlas Arteria (ALX) experienced a 1.1% drop despite reporting revenue growth in the June quarter due to…
US equities closed higher overnight, and the US dollar strengthened after a surprise cooling of UK inflation bolstered sentiment across global markets. The Dow rose 109 points (+0.31%), marking its eighth straight day of gains, its longest streak since September 2019. Dow at best up 282 points. S&P 500 up 0.24%, reaching levels not seen…
MARKET AT MIDDAY The ASX 200 is up 15 points to 7339 (+0.2%), losing early gains after unemployment data came in flat at 3.5%, raising the likelihood of another rate rise. The Aussie dollar gained on the news while bond yields climbed higher. BHP Group (BHP) +0.3%, Rio Tinto (RIO) +0.5%, and Fortescue Metals (FMG) +1.2% also advanced, boosted by BHP Group's record annual iron ore production. Mineral Resources (MIN) up 5.4% after agreeing to sell…
