afternoon trade

The price of Australia’s biggest export continues to plummet and it’s only going to get worse, experts say, as demand shrinks and supply expands.The iron ore price continues to collapse as concerns over weaker demand from China mount,…

The ASX closed in the red for the second straight day, with BHP trading ex-dividend knocking about 30 points off the index.The Australian sharemarket was dragged lower by corporate giants trading ex-dividend, not helped by a sharp plunge in…

The ASX closed flat to finish the week, with Bunnings owner Wesfarmers losing ground despite a blockbuster full-year result.The Australian sharemarket has barely budged to finish the week, with Bunnings owner Wesfarmers losing ground…

The ASX closed barely changed but would have ended in the green without BHP’s share price slump.The Australian sharemarket closed marginally lower as investors digested a torrent of company earnings results and the mega-merger between BHP…

The ASX has once again set new records, with the benchmark index cracking 7600 points and CBA breaching $1.09 for the first time.The Australian sharemarket keeps surging to fresh record highs despite ongoing east coast Covid-19 lockdowns…

The astonishing rally on the ASX continues, with the local market achieving its fourth record close in the past five sessions.The Australian sharemarket has rallied to its fourth record closing high in the past five trading sessions, with…

Tens of billions of dollars’ worth of takeover action sent the ASX flying to new record highs – yet again.The Australian sharemarket rocketed to yet another record high on the back of tens of billions of dollars’ worth of epic takeover…