ASX 200 closes 1.6% lower mirroring Wall Steet drubbing

Highlights ASX 200 closed 1.6% lower in a session marked by sharp declines for consumer-facing companies. The decline tailed a drop in US shares that wiped 4% from the S&P 500 index of blue chips, the worst day in approximately two years. ...

ASX 200 to fall on inflation concerns; Webjet full-year results today

Highlights The Australian share market is expected to open lower on Thursday. According to the latest SPI futures, the ASX 200 is likely to open 135 points or 1.9% lower. On Wall Street, the Dow Jones fell 3.6%, the S&P 500 dippe...

Dow suffers worst day as Wall Street retreats; TGT, LOW stocks plunge

Dow Jones suffered its worst single-day loss since 2020 as Wall Street’s main indices drifted lower on Wednesday, May 18, following weak quarterly earnings of companies like Target Corporation (TGT). The S&P 500 was down 4.04% to 3,923.68....

Miners, IT stocks push ASX 200 1% higher; CIA, PDN jump over 5%

Highlights The ASX 200 index closed 0.99% or 70.20 points higher at 7,182.70 points tracking following positive cues from US markets and wage price index data Materials and technology stocks stole the show registering impressive gains of 2.51% ...

US stocks rise after strong retail sales data; Citigroup, HD, UAL surge

Benchmark US indices edged higher on Tuesday, May 17, lifted by gains in technology, retail, and bank stocks after strong retail sales data eased investors' concerns over a slow economic growth. The S&P 500 rose 2.02% to 4,088.85. The Dow Jones ...

Resource stocks rally pushes ASX 200 0.3% higher

Highlights ASX 200 finished today’s session 0.3% higher at 7112.5 points, buoyed by a rally across resources stocks. Australian share market might remain volatile amidst rising recession risks and commodity price variations. Economic gro...

ASX 200 to rise despite weak Wall Street closing

Highlights The Australian share market is likely to inch higher despite a disappointing start to the week on Wall Street. According to the latest SPI futures, the ASX 200 is expected to open 24 points or 0.35% higher. On Wall Street,...

ASX 200 kick-starts week 0.25% higher, industrial stocks lead gains

Lately, investors have been concerned that the US central bank could cause a recession if it raises rates too high or too quickly. Now, they seem relatively reassured on the US interest rate outlook. Bets that the Federal Reserve will lift US inter...

CZL, IFM & GAL - Three ASX penny stocks that are up over 30% today

The Australian market started the week on a positive note, taking cues from a strong closing on Wall Street on Friday. Thanks to positive investor sentiment, the benchmark ASX 200 index is enjoying a 0.63% rally. Image Source: © 2022 Kalkin...

ASX 200 opens in green; Polynovo rockets over 14%

Highlights The ASX 200 index was trading 0.78% higher at 7,130.3 in the first 10 minutes of trading. Global equity markets ended higher on Friday with frontline indices on Wall Street rallying to end a volatile week. The industrial sector gain...