ASX 200 to fall as Omicron threatens economic recovery

Highlights The ASX 200 pared early losses and rose 0.15% by mid-session. Eight of 11 sectors traded in the red, barring energy, financial, and utilities. The Reserve Bank of New Zealand raised interest rate for the second month in a row by 0.2...

Highlights The ASX 200 was trading 0.3% down at 7,386 in opening trade. Seven out of the 11 sectors were trading lower with the Energy index leading the pack, gaining 1.1%. Pinnacle Investment Management Group successfully raised AU$105 millio...

Benchmark US indices closed mixed on Tuesday, November 23, as technology stocks declined, and bond yields rose a day after Biden re-nominated Gerome Powell as Fed chair. The S&P 500 climbed 0.17% to 4,690.70. The Dow Jones was up 0.55% to 35,813...

The Australian share market is expected to open flat on Wednesday, with local tech stocks likely to track losses on Wall Street. However, mining stocks might surge on account of climbing iron ore prices. According to the latest SPI futures, the ASX...

On 23rd November 2021, the broader market in Australia was supported by the buying witnessed in the basic materials as well as energy stocks. On the same day, ASX 20 rose by 1.23% and ASX 300 increased by 0.73%. Also, ASX 200 has encountered a rise o...

After opening positively in the early morning session, Australian shares continued to trade higher by afternoon, supported by gains in materials, financials and energy sector stocks. Market sentiment was lifted by gains in index heavyweights BHP ...

Highlights The ASX 200 opened higher on Tuesday, up 5.70 points to 7,358.80 despite US shares ending lower. The ASX 200 opened higher on Tuesday, up 5.70 points to 7,358.80 despite US shares ending lower. The ASX 200 opened higher on Tuesday, ...

Benchmark US indices closed mixed on Monday, November 22, as President Joe Biden nominated Jereme Powell as the Federal Reserve chairman for the second time. The S&P 500 declined 0.32% to 4,682.94. The Dow Jones was up 0.05% to 35,619.25. The NA...

Australian shares are expected to open higher on Tuesday, possibly buoyed by positive sentiment after the nomination of Federal Reserve Chair Jerome Powell for a second term. However, COVID-19 restrictions in Europe could pull down the benchmark. ...

On 22nd November 2021, the Australian market ended the trading session in red after significant selling was witnessed in the academic and educational services sector. On the same day, ASX 20 declined by 0.65% and ASX MIDCAP50 witnessed a fall of 0.45...