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Lithium miner

ASX grinds higher after early dive

There was plenty of takeover action on the ASX, with an epic bidding war erupting between retail giants.The Australian sharemarket took a dive at open on the back of a negative lead from Wall Street, then clawed back losses to close…

Banks drag ASX lower in choppy session

Miners helped limit losses on the ASX, which was weighed down by the banks, including NAB despite a big profit surge.The Australian sharemarket finished a choppy session marginally lower, despite positive overseas sentiment, with Wall…

ASX piggybacks Wall Street higher

Record highs on US markets propelled the ASX firmly into the green, while fresh comments on interest rates have settled nerves.The Australian sharemarket was propelled higher by a positive lead from Wall Street, but managed to outperform…

ASX suffers worst day in four weeks

The ASX ‘completely ignored’ a positive lead from Wall Street and ground lower, enough to turn what was going to be a positive month into a negative.The Australian sharemarket fell deep into the red on the final trading session of the…

ASX ends week in positive territory

The ‘remarkably resilient’ ASX finished the week in the green, with non-essential retailing stocks lifting as figures showed a national online sales record.The Australian sharemarket snapped a two-day losing streak to end the week in…

Epic takeovers propel ASX to new record

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…