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department store chain

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 in the green despite NAB drag

The ASX started the week on a positive note, with health and consumer discretionary stocks among the winners.The Australian sharemarket started the week on a positive note, with health and consumer discretionary stocks among the winners.The…

ASX rallies again despite oil price hit

The ‘resilient’ ASX bounced higher after Wall Street hit fresh record highs, providing a positive lead, but energy stocks got whacked.The Australian sharemarket edged higher in a volatile trading session despite the impact of lower oil…

Myer bosses feel shareholder hostility

Myer bosses have been faced with angry investors not confident in the retail giant’s board and still expecting a takeover bid by hostile shareholder Solomon Lew.Myer’s major shareholder Solomon Lew appears to have rallied investors against…

Second straight day ASX breaks records

The Aussie market’s stellar run continues, racking up its second successive day of fresh all-time highs despite resources sector weakness.The Australian sharemarket broke records for the second straight day despite resources stocks weighing…