Market updates

Resource stocks rally pushes ASX 200 0.3% higher

May 17, 2022 05:28 PM AEST| By Sukriti

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

May 17, 2022 08:04 AM AEST| By Ashish

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

May 16, 2022 05:23 PM AEST| By Sukriti

Highlights ASX 200 closed up, gaining 17.90 points or 0.25% to 7,093.00. China’s decision to lock down major cities amid worries about Covid-19 resurgence could strain supply chains; Russia’s invas.....

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

May 16, 2022 01:52 PM AEST| By Aayush

Highlights The ASX Small Ordinaries index continued its gains from Friday, rallying 1.5% to 3,051.1 by 12:30 PM AEST. CZL, IFM and GAL are three ASX penny stocks that are catching investors’ attention today. Investors must understand all.....

ASX 200 opens in green; Polynovo rockets over 14%

May 16, 2022 11:01 AM AEST| By Aayush

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.....

ASX 200 to open higher; Goodman Group’s Q3 earnings today

May 16, 2022 07:42 AM AEST| By Ashish

Highlights The Australian share market is likely to begin the week on a strong note. According to the latest SPI futures, the ASX 200 is expected to open 54 points or 0.8% higher on Monday. On Wall Street, the Dow Jones rose 1.5%, the...

US stocks edge higher on tech stock gains; HOOD, DUOL, OXY rally

May 14, 2022 07:29 AM AEST| By Rupam Roy

Wall Street's main indices rallied on Friday, May 13, ending the week on a positive note after investors shrugged off concerns about inflation and other negative market trends. The S&P 500 was up 2.39% to 4,023.89. The Dow Jones rose 1.47% to 32...

ASX 200 storms 1.9% higher in third-biggest daily gain of 2022

May 13, 2022 05:27 PM AEST| By Sukriti

Highlights ASX 200 stormed 1.9% higher to 7,075.1 in the third-biggest daily gain this year. Every sector closed in positive territory; tech sector led the rebound with a 7% rise. Fears of a global recession induced by aggressive central bank .....

ASX 200 opens positive, Link Administration, Blackmores lead gains

May 13, 2022 11:10 AM AEST| By Aayush

Highlights The benchmark ASX 200 index shot up 0.8% to 6,996.7 in the first 15 minutes of trade. US stocks ended on a mixed note on Thursday. The ASX healthcare sector is the leader so far, surging 0.9% in early trade. The Australian shar.....

ASX 200 to open flat; Dow Jones, S&P 500 close lower

May 13, 2022 07:48 AM AEST| By Ashish

Highlights The Australian share market is likely to open largely flat on Friday. According to the latest SPI futures, the ASX 200 is expected to open 9 points or 0.1% higher. On Wall Street, the Dow Jones was down 0.3%, the S&P 5...

Dow, S&P close lower on mixed economic data; APP, GME, AMC rally

May 13, 2022 07:05 AM AEST| By Rupam Roy

Dow Jones and S&P 500 fell, but tech-savvy Nasdaq crawled back up to close the session mixed on Thursday, May 12, after a vital economic gauge showed that demand for manufactured goods slowed in April. The S&P 500 was down 0.13% to 3,930.08....

ASX 200 plunges at open; oil price rally boosts energy stocks

May 12, 2022 11:20 AM AEST| By Aayush

Highlights The benchmark ASX 200 index was trading 0.47% to 7,031.8 in the first few minutes of trading. Wall Street's main indices closed lower in Wednesday’s volatile session, led by a sharp drop in the NASDAQ Composite. The energy sec.....

ASX 200 to fall on US inflation concerns; Xero, CBA results today

May 12, 2022 07:55 AM AEST| By Ashish

Highlights The Australian share market is expected to extend its losses to Thursday. According to the latest SPI futures, the ASX 200 is likely to open 54 points or 0.8% lower. The Dow Jones fell 1%, the S&P 500 dipped 1.65%, and...

US stocks slip after CPI data; COIN, Unity decline

May 12, 2022 07:15 AM AEST| By Rupam Roy

Wall Street's main indices drifted lower on Wednesday, May 11, after US inflation rose more than expected month-on-month for comfort, renewing fears about the Fed's aggressive rate hikes. The S&P 500 was down 1.65% to 3,935.18. The Dow Jones fel...

ASX 200 closes up 0.2% in volatile session

May 11, 2022 06:00 PM AEST| By Sukriti

Highlights In a volatile trading session, ASX 200 recovered from its morning dip to close higher for the first time this week, up 0.2% to 7064.7. Big miners rebounded strongly, health care and property sectors closed strongly higher. Investors...

ASX 200 to fall after Wall Street closes mixed; oil slips again

May 11, 2022 07:53 AM AEST| By Ashish

Highlights The Australian share market is expected to open lower on Wednesday. According to the latest SPI futures, the ASX 200 is likely to open 7 points or 0.1% lower. On Wall Street, the Dow Jones fell 0.26%, the S&P 500 rose...

US stocks close mixed ahead of inflation data; PLTN, UPST decline

May 11, 2022 07:04 AM AEST| By Rupam Roy

Wall Street's main indices end mixed on Tuesday, May 10, as Treasury yields and oil prices declined ahead of the Labor Department's latest consumer price index data (CPI). The 10-year Treasury notes hit a three-and-a-half-year high on Monday, forcin...