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ASX

ASX shrugs off Wall Street bloodbath

The ASX surprised on the upside despite heavy losses on US markets overnight, with the highest oil prices in eight years boosting energy stocks.The Australian sharemarket shrugged off a Wall Street bloodbath to post decent gains, with…

Tech wrecks ASX two-day winning streak

The tech sector dragged the ASX lower after Facebook’s owner delivered a disappointing result after Wall Street closed, but Nufarm was a stellar performer locally.The Australian sharemarket slid lower after the tech sector was hammered by…

ASX on two-day winning streak

The ASX rose for the second straight day, with the resources sector the big winners, including one stock that rocketed almost 40 per cent.The Australian sharemarket rose for the second straight day, with the resources sector driving the…

ASX jumps higher after RBA rates call

The central bank sent the ASX higher after not budging from its historic low cash rate, while a $3bn cash splash on shareholders buoyed Boral.The Australian sharemarket climbed higher after the Reserve Bank of Australia kept the cash rate…

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…

ASX rallies after technical correction

The ASX jumped sharply after plunging to a 10-month low in the prior session, the first day in the green all week.Volatility continued to reign on the Australian sharemarket, which jumped sharply after plunging to a 10-month low in the…

ASX plunges to 10-month low

The ASX tumbled firmly into the red but energy stocks were winners as the prospect of armed conflict between Russia and Ukraine fuelled supply concerns.The Australian sharemarket sank to its lowest levels in 10 months, with most sectors in…

ASX plummets in ‘bloody day’

A bigger than expected inflation spike and geopolitical tensions wreaked havoc on the ASX, with the benchmark index slipping below 7000 points for the first time since May last year.The Australian sharemarket took a spectacular dive, with…

ASX nosedives to cap off ‘bloody week’

The ASX tumbled spectacularly after an ‘ugly late swoon’ on Wall Street, with few stocks spared from the sea of red.The Australian sharemarket suffered an eye-watering tumble on the back of Wall Street weakness and mounting interest rate…

Gold dazzles as ASX inches higher

The ASX crept into the green as energy producers Woodside and Santos booked record numbers, while gold miners shone brightly.The Australian sharemarket inched higher despite a negative US lead, with gold miners the star performers, while…