Stock Market

ASX 200 to fall as Omicron threatens economic recovery

  • November 29, 2021 08:53 AM AEDT
  • Ashish
 ASX 200 to fall as Omicron threatens economic recovery

Highlights Australian shares are expected to fall at the open on Monday amid threats to economic recover from Omicron. According to the latest SPI futures, the ASX 200 is expected to open 104 points or 1.4% lower. Brent crude settled down to U...

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ASX up 0.2% on financial, energy boost; RBNZ lifts cash rate again

ASX up 0.2% on financial, energy boost; RBNZ lifts cash rate again

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...

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Tech stocks drag ASX 200 in red at open; Pinnacle Investment sinks 9%

Tech stocks drag ASX 200 in red at open; Pinnacle Investment sinks 9%

  • November 24, 2021 12:35 PM AEDT
  • Aayush

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...

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US markets close mixed as tech stocks take a hit, bond yields rise

US markets close mixed as tech stocks take a hit, bond yields rise

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...

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ASX 200 to open flat; Harvey Norman, Ramsay Health Care to hold AGMs today

ASX 200 to open flat; Harvey Norman, Ramsay Health Care to hold AGMs today

  • November 24, 2021 09:07 AM AEDT
  • Ashish

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...

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Basic Materials and Energy Stocks Supported Market

Basic Materials and Energy Stocks Supported Market

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...

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Mining, energy stocks lift ASX to 0.6% gain; Fortescue, BHP, Rio lead

Mining, energy stocks lift ASX to 0.6% gain; Fortescue, BHP, Rio lead

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 ...

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Australian shares open higher; BHP, Woodside top gainers

Australian shares open higher; BHP, Woodside top gainers

  • November 23, 2021 11:37 AM AEDT
  • Ashish

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, ...

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US stocks close mixed as Biden renominates Powell as Fed chair

US stocks close mixed as Biden renominates Powell as Fed chair

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...

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ASX 200 to rise after Wall Street advances on Powell’s nomination

ASX 200 to rise after Wall Street advances on Powell’s nomination

  • November 23, 2021 08:58 AM AEDT
  • Ashish

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. ...

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Academic and Educational Services Sector Weighed Over Australian Market

Academic and Educational Services Sector Weighed Over Australian Market

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...

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