Browsing Tag

Ryan Felsman

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 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…

Aussie cities where houses cost $1m plus

Residential property prices have had their biggest annual growth in decades, with the median value in three cities now surging past $1m.Australian residential property prices continue to surge, recording the highest annual rate of growth…

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…

RBA responds to interest rate moves

Commercial banks keep increasing fixed interest rates, with CBA the latest to do so, but the central bank insists it won’t move next year.The Reserve Bank of Australia insists economic conditions won‘t be ripe for an official interest rate…

Banks, energy, travel stocks weigh down ASX

Prospects of lockdowns in Europe hit energy and travel stocks hard, while banks remained out of favour, but miners helped limit the losses.The Australian sharemarket started the week on a bum note, with banks, energy and travel stocks…

ASX snaps two-day winning streak

Resources stocks dragged the ASX lower but a new entrant to the sector made a stunning debut, with its share price more than tripling.The Australian sharemarket snapped a two-day winning streak as lower commodities prices hit resources…

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 treads water as miners, banks drag

A late sell-off stopped the ASX from notching up its fourth straight day in the green, but a whisky distiller and potash producer gained ground.The Australian sharemarket finished flat after a late sell-off, held back by weakness in…