Browsing Tag

Building products company

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 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…

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…

Late surge for ASX after tech battering

Volatility continued on the directionless ASX, with tech stocks copping a hiding but gold stocks and supermarkets rallied.The Australian sharemarket tread water in yet another choppy and directionless trading session, with tech stocks…

ASX smashes through all-time record

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…