Browsing Tag

afternoon trade

Travel stocks rocket on new border rules

The ASX eased slightly, but news double vaccinated travellers will be allowed into Australia on February 21 sent the sector soaring.The Australian sharemarket finished barely changed, with travel stocks surging after new border rules were…

ASX has worst January since 2008

The ASX closed barely changed on the final trading day of the month, but officially notched up its worst start to the calendar year in 14 years.The Australian sharemarket closed barely changed despite a positive lead from Wall Street, with…

Gold, iron ore, banks stocks lift ASX

The local tech sector followed Wall Street’s Nasdaq lower, but the resources sector and banks helped the ASX to a modest rise.The Australian sharemarket inched marginally higher after surrendering gains in afternoon trade, with tech stocks…

ASX rockets higher on four day run

Improved sentiment on global share markets and easing fears about the Omicron variant propelled the ASX firmly into the green.The Australian sharemarket took off like a rocket, recording its strongest result in four straight days of gains,…

Zip, Pointsbet soar as ASX firmly green

Travel, bank and tech stocks helped propel the ASX higher, recording its best day in nine weeks amid a bit of an executive exodus.Volatility once again prevailed on the Australian sharemarket, but it climbed firmly into the green, enjoying…

ASX falters after GDP figures

The ASX curiously slipped after better than expected GDP figures, but miners helped limit losses inflicted by stocks, including Coles and Woolworths.The Australian sharemarket slumped, after GDP figures showed east coast Delta lockdowns had…

ASX pulls back after choppy session

Energy stocks were the ‘most improved’ on the ASX for the second straight day after the oil price rose despite a significant announcement about strategic reserves.The Australian sharemarket closed lower after a choppy trading session, with…

ASX surges higher despite bank drag

News of a Singapore travel bubble helped stocks such as Qantas, but Westpac tanked after its full-year results failed to impress.The Australian sharemarket marched higher on the first trading day of the month, with travel stocks boosted by…

Tech stocks help propel ASX higher

The ASX climbed into the green and stayed there despite a last-minute sell-off, with only energy and telco sectors losing ground.The Australian sharemarket lifted across the board amid a slew of quarterly trading updates and after a…

ASX ends four-week losing streak

A development in the US gave the Aussie sharemarket a boost but experts warn it is just ‘kicking the can down the road’.The Australian sharemarket surged higher for the second straight day, with a development in the US providing a boost,…