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Wall St jumps on Biden's Asia trade deal, Block, Wesfarmers, Technology One on watch: ASX to rise

24 May 2022 - US stocks rallied into the close, a much needed rebound after almost 8 weeks of declines as investors went bargain hunting. Biden’s proposed new Asia trade pact, comm…

Beijing reports record Covid cases, Tech falls, Could ASX give back gains? At noon, up 0.4%

23 May 2022 - Australian stocks extend their relief-rally, following Anthony Albanese sworn in as Australia’s 31st prime minister. Nationals voted in a new government that has earm…

ASX jumps 1.1% on Federal election fever, BHP & Novonix soars, defying inflation fears for now

20 May 2022 - The federal election may bolster the nation’s shares regardless of who wins, if history is a guide. The ASX 200 has risen in the three months following eight of the l…

Brambles soars on takeover talks, Macquarie falls: ASX up 0.5% at noon

16 May 2022 - The ASX has advanced this morning buoyed by a jump in Brambles (ASX:BXB) and tech shares. This comes after an optimistic finish on Wall Street, which saw a relief-ral…

Tech stocks lead Friday's rally: ASX down 1.8% over the week

13 May 2022 - The ASX closed lower for a fourth week despite a rally on Friday’s session thanks to information tech. Tech’s gains were much needed after yesterday’s 8.7% dive as in…

Tech bulls roar after savage fall, Block, BHP, Telstra pop: ASX jumps 1.5% at noon

13 May 2022 - Australian shares are on track to close the week lower for its fourth week despite a risk on mode lifted by information tech. A much welcomed reprieve after yesterday…

Healthcare leads, NAB drops on ex-div: ASX fights back, closes 0.2% higher

11 May 2022 - After a volatile session, the Australian sharemarket made a comeback in the afternoon and closed in positive territory despite a rough start to the day and week. This…

Tech drags, GrainCorp falls despite profit jump, Magellan names new CEO: ASX down 0.2% at noon

11 May 2022 - The ASX opened lower before easing back some losses at lunchtime despite tech, financials and energy stocks still weighing on the index. This comes after Wall Street …

Inflation spooks Wall St, Oil & iron ore $ slide, Pendal, Lendlease, Ramsay on watch: ASX to dive

10 May 2022 - Global benchmarks continue to tumble with several cross currents weighing on investor's minds. After China's President on Friday recommitted to the zero-Covid19 strat…

Magellan puts Guzman up for $140m sale, Westpac earnings beat, BHP falls: ASX tumbles 1.3% at noon

09 May 2022 - Long duration stocks are off the table today while defensive plays like CSL (ASX:CSL), Telstra (ASX:TLS) and energy stocks like Woodside Petroleum (ASX:WPL) are bucki…

ASX suffers worst day in 2.5 months on recession fears, panic-selling causes 3.2% tumble over week

06 May 2022 - Australian shares had an ugly day as investors sold off on fears that the pace of the interest rate hiking cycle would send the economy into a recession. Investors le…

Recession fears intensify as RBA upgrades inflation outlook: ASX sinks 2.4% to 2-month low at noon

06 May 2022 - Australian shares dived to its lowest level since 17 March in a broad-based rout led by information tech as recession fears intensified. Only a handful of stocks are …

Tech & energy rebound: ASX snaps 3-day losing streak, closes 0.8% higher

05 May 2022 - The ASX snapped its three-day loosing streak and rebounded to positive territory thanks to a boost in tech and resource stocks. The clarity from the Federal Reserve’s…

Tech & resources charge ahead: ASX rebounds, up 0.6% at noon

05 May 2022 - The ASX is rallying after three straight days of declines as technology and resources stocks charge ahead. The clarity from the Federal Reserve’s reassurance around a…

Tech leads ASX tumble, Travel stocks lift: Aus shares close 1.2% lower

02 May 2022 - The ASX had a rough session today ahead of the interest rate outcome tomorrow from the Reserve Bank of Australia. Meanwhile, a weak lead from Wall Street sent Aussie …

REX roars at Qantas on take-off, Tech rout, inflation rips ahead of RBA meet: ASX dives 1.6% at noon

02 May 2022 - Australian investors climb the wall of worries ahead of the interest rate outcome tomorrow from the Reserve Bank of Australia. This followed a negative lead from Wall…

ASX ends April with its best 2-day performance, closes 1.1% higher but with a weekly fall of 0.5%

29 Apr 2022 - The ASX had a buoyant session led by technology, communication services and consumer discretionary, while materials added the least in a broad-based rally. The Aussie…

Tech rallies, PointsBet jumps 9%, ResMed tumbles: ASX up 0.8% at noon

29 Apr 2022 - The ASX is on track to close higher after advancing in the early trade, following a strong lead from Wall Street. All sectors are in positive territory, led by the te…

Hot inflation spikes to 5.1%, boosting AUD, BHP rally offsets ASX plunge, down 0.8% at noon

27 Apr 2022 - Australian inflation came in hotter-than-expected, with trimmed mean well above RBA's 2% to 3% target band and firming bets the central bank will begin lift-off in Ma…

ASX drops 1.6% as miners & tech sink: Aus shares down 0.7% over the week

22 Apr 2022 - The ASX snapped its five-day winning streak after spending all of Friday's session in a sea of red, following Wall Street's weak lead after US Fed Chair Jerome Powell…

Materials & tech stocks tumble: ASX falls 1.7% at noon

22 Apr 2022 - The Australian sharemarket has tumbled this morning following a weak lead from Wall St after US stocks turned lower overnight on news that Fed Chair Jerome Powell con…

Tech glitches on Netflix difficulties, BHP, Betmakers, Zip Co, Ramsay, Sonic on watch: ASX to rise

21 Apr 2022 - Investors were mixed, piling into defensive stocks as they punished the share price of Netflix after its subscriber’s miss, pushing Wall St to close mixed. A deep div…

Ramsay lifts health care sector, Rio Tinto falls on "challenging" quarter: ASX closes 0.1% higher

20 Apr 2022 - The ASX eased its gains in the afternoon session despite a strong start. Today’s gains were buoyed by the health care space, which led the market to finish a touch hi…

Ramsay Health soars 25% on KKR takeover bid, Travel stocks rise: ASX up 0.4% at noon

20 Apr 2022 - The Aussie sharemarket has advanced this morning following Wall Street's lead. Across the sectors, health care is powering ahead, followed by consumer discretionary, …

Energy leads, Materials lift, Adbri weighs: ASX closes 0.3% higher

13 Apr 2022 - The ASX held its gains in the afternoon session and finished the day in positive territory. The energy sector led today’s gains, followed by materials, while real est…