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Australian sharemarket

ASX ends week on sour note

Almost every sector dragged the ASX firmly into the red, with tech a major weight, eclipsing the Nasdaq’s big tumble overnight.The Australian sharemarket sank firmly into the red following a Wall Street tumble, with the local tech sector by…

Strong resources sector propels ASX

Ongoing strength in commodity prices amid tight supply and sustained demand boosted resources stocks, propelling the ASX higher.The Australian sharemarket was in the green for the second straight day after a positive lead from Wall Street…

ASX breaks two-day losing streak

‘Soothing’ comments by the US Federal Reserve chair boosted Wall Street and flowed on to the ASX, helped by higher commodity prices.The Australian sharemarket broke a two-day losing streak after a positive lead from Wall Street and stronger…

Volatility warning as ASX sinks lower

Critical US inflation data could spur on more sharemarket volatility as the ASX slides into the red for the second straight day, with supermarkets the worst performers.The Australian sharemarket slid into the red ahead of critical US…

Top picks for shares this year revealed

The top shares to get rich quick in 2022 have been revealed - and it’s great news for Aussies.A rebirthed and well-known toy store chain, a plus-sized women’s clothing group and a gold explorer are among this year’s top stock buying tips.…

Energy stocks help trim ASX losses

A potential Russian invasion of Ukraine will likely propel the energy sector even higher, experts say, as it helps the ASX limit losses.The Australian sharemarket closed slightly lower after a weak lead from Wall Street, with most sectors…

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 sinks into a sea of red

The ASX closed firmly lower with losses across the board, but supermarkets saw action and Helloworld rocketed on a Corporate Travel deal.The Australian sharemarket fell as global markets awaited the outcome of the final US Federal Reserve…

ASX treads water ahead of US meeting

The ASX was flat, as caution fell over global markets in the lead up to the last US Federal Reserve meeting for the year, but Woolies was smashed.The Australian sharemarket finished barely changed after an initial dip on the back of…