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Latest news: Financial Markets
Shares fall again, wiping out gains for the month
The ASX200 fell 0.5 per cent to a four-week low during trading, with the mining sector leading the decline as sentiment sours.
May 30, 2024
Inflation readout weighs heavily on Australian shares
The ASX200 finished down 1.3 per cent after official statistics revealed a slight uptick in annual inflation, reducing the odds of a rate cut in 2024.
May 29, 2024
Shares dip after weak retail trade figures
The ASX200 has finished 0.3 per cent down after the Bureau of Statistics reported that retail sales rose just 0.1 per cent in April.
May 28, 2024
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Australian shares rebound, snap four-day losing streak
The ASX200 finished 0.8 per cent higher, with every sector in the green except for utilities.
May 27, 2024
Aust shares drop again, snapping four-week win streak
The ASX200 has finished down 1.1 per cent and suffered similar losses for the week as expectations for US rate cuts were pushed back again.
May 24, 2024
Aust shares fall after hawkish Federal Reserve minutes
The ASX200 has dropped 0.5 per cent after US Federal Reserve minutes showed some officials were willing to raise interest rates.
May 23, 2024
Australian shares flat after NZ's hawkish surprise
After being up as much as 0.3 per cent, the ASX200 faded to finish basically unchanged after the Royal Bank of New Zealand said it considered rate hikes..
May 22, 2024
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Aussie shares slip in lead up to AI chipmaker earnings
The ASX200 finished down 0.2 per cent amid job layoffs by Telstra and underwhelming earnings reports from James Hardie and Sonic Healthcare.
May 21, 2024
Mining leads shares higher as copper and gold surge
The ASX200 has started the week in positive territory, with the mining sector posting strong gains after copper and gold both hit all-time highs.
May 20, 2024
Aust shares drop but chalk up another winning week
The ASX200 has fallen 0.9 per cent, giving up half of Thursday's gains, but still finished the week 0.8 per cent higher.
May 17, 2024
Inflation news, unemployment data prompt stock rise
The ASX has hit a six-week high with the energy sector the only loser in a day of gains across the ASX.
May 16, 2024
Big miners lead Australian shares higher after budget
Pathology chains have lost ground while major miners made gains following the federal budget, with the ASX200 overall finishing 0.4 per cent higher.
May 15, 2024
Australian shares dip ahead of US inflation data
The ASX200 has dipped 0.3 per cent as traders wait to see if US inflation has cooled.
May 14, 2024
Australian shares finish flat as federal budget looms
The ASX200 finished basically unchanged on the eve of the federal budget and ahead of a readout on US inflation later in the week.
May 13, 2024
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Australian shares cap off another week of gains
Gas companies and the big four banks all rose on the back of energy policy announcements and a hold in interest rates.
May 10, 2024
Retail, banking sell-off ends ASX 5-day winning streak
The ASX200 fell 1.1 per cent, with the consumer discretionary sector suffering its worst loss in 16 months on several trading updates.
May 09, 2024
Markets simmering as five-day rally peters out
The ASX200 closed marginally higher across most sectors as a medical tech company recorded eight per cent growth in one day.
May 08, 2024
RBA interest rate hold prompts stock upswing
The ASX200 finished up across the board after the Reserve Bank elected to hold fire on raising interest rates despite fears of lingering inflation.
May 07, 2024
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Aussie shares rise on renewed hope for rate cuts
The ASX200 has finished up 0.7 per cent with gains led by property sector after a weak US jobs report renewed hopes for an earlier rate cut.
May 06, 2024
Australian shares rise as risk appetite returns
The ASX200 closed the day 0.6 per cent higher, with all sectors gaining ground, to finish the week 0.7 per cent higher.
May 03, 2024
Aussie shares rise as US Fed says rate hikes unlikely
The ASX200 has finished 0.2 per cent higher as investors took a dovish view of the Federal Reserve chairman's comments on interest rates.
May 02, 2024
Aussie shares plunge ahead of Federal Reserve meeting
Stronger-than-expected US wage data has again pushed back expectations for when the Federal Reserve might begin trimming interest rates.
May 01, 2024
Australian shares gain as retail sales sink
The ASX200 has finished higher as a drop in retail sales in March reduced the odds the Reserve Bank might hike interest rates again.
Apr 30, 2024
Tech, real estate sectors lead Australian shares higher
The ASX200 has finished up 0.8 per cent, with every sector rising on the back of a tech-led rally on Wall Street.
Apr 29, 2024
Australian shares tumble as RBA rate rise back on table
The ASX200 has fallen 1.4 per cent as investors fear persistent inflation could convince the Reserve Bank to raise interest rates once more.
Apr 26, 2024
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Topics
Australia
Financial Markets
Market and Exchange
Retail
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