Market updates

ASX closes with 0.2% gain following RBA’s monetary policy decision

April 05, 2022 06:00 PM AEST| By Sukriti

Highlights Today, ASX 200 gained 14.20 points or 0.19% to close at 7,527.90 and set a new 50-day high. The Reserve Bank of Australia (RBA) held interest rates steady at a record low 0.1% and dropped hints of a further i.....

ASX 200 opens higher; Allkem, Ampol lead gains

April 05, 2022 10:59 AM AEST| By Aayush

Highlights The benchmark ASX 200 index was trading 0.16% or 12.1 points up at 7,525.8 in the first 20 minutes of opening. Elon Musk picks up 9.2% stake in social media giant Twitter. The energy sector is the top performer so far, leading with .....

ASX 200 to rise ahead of RBA meeting

April 05, 2022 08:02 AM AEST| By Ashish

Highlights The Australian share market is expected to rise on Tuesday. According to the latest SPI futures, the ASX 200 is likely to open 47 points or 0.6% higher. On Wall Street, the Dow Jones rose 0.3%, the S&P 500 was up 0.8%,...

Wall Street closes higher, lifted by tech stocks: TWTR, TSLA, FB rise

April 05, 2022 07:06 AM AEST| By Team Kalkine Media

Wall Street’s main indices closed higher on Monday, April 4, riding on the back of technology and growth stocks and an upsurge in Twitter (TWTR) after shares Tesla chief Elon Musk revealed a 9.2% stake in the social media company. The S&P...

ASX 200 opens in green powered by mining stocks; Iluka, Liontown lead gains

April 04, 2022 11:17 AM AEST| By Aayush

Highlights The benchmark ASX 200 rose 0.51% to 7,531.9 in the first 15 minutes of trading. US Government bond yields continued their momentum on the upside on Friday on the back of yield inversion. Nine out of the 11 sectors were trading in th.....

ASX 200 to rise ahead of this week’s RBA meet; iron ore prices up

April 04, 2022 07:54 AM AEST| By Ashish

Highlights The Australian share market is expected to start the week on a positive note. According to the latest SPI futures, the ASX 200 is likely to open 19 points or 0.25% higher. On Wall Street, the Dow Jones rose 0.4%, the S&...

Wall Street closes higher on jobs report, yields rise; PLD, AMT gain

April 02, 2022 08:41 AM AEDT| By Sanjeeb Baruah

Wall Street’s main indices closed higher on Friday, April 1, lifted by utility and material stocks after new economic data showed US unemployment rate fell close to the pre-pandemic level. The S&P 500 rose 0.34% to 4545.86. The Dow Jones g...

Despite third week of gains, ASX 200 closes 0.1% lower

April 01, 2022 06:28 PM AEDT| By Sukriti

Highlights ASX 200 closed 0.1% lower and ended the week 1.2% stronger to post the third consecutive week of increases. While tech and consumer discretionary sectors came under pressure, materials was the best performing sector today. The ongoi.....

ASX 200 opens in red; Eagers Automotive, Polynovo lead losses

April 01, 2022 11:57 AM AEDT| By Aayush

Highlights The benchmark ASX 200 index was trading 0.35% or 26.5 points lower at 7,494.8 in the first 15 minutes of trading. Looking at the sectoral view, bears seem to have an upper hand today. US stocks also slumped to close March 2022 with .....

US stocks slip on mixed global cues; AMZN, HD fall sharply

April 01, 2022 06:29 AM AEDT| By Sanjeeb Baruah

Benchmark US indices closed lower on Thursday, March 31, dragged down by losses across stock segments as investors held back from risky bets amid supply uncertainties and higher inflation. The S&P 500 fell 1.57% to 4530.41. The Dow Jones decline...

Materials sector performing best, ASX 200 closes 0.2% lower

March 31, 2022 06:36 PM AEDT| By Sukriti

Highlights ASX 200 inched 0.2% lower after news that Australia would impose a 35% tariff on Russian imports. Despite the fall, ASX 200 ended March 2022 with a healthy gain of over 6%. Investors globally are tracking updates about the ongoing w.....

ASX 200 to rise; iron ore, oil prices jump; APE, HVN to go ex-dividend

March 31, 2022 08:52 AM AEDT| By Ashish

Highlights The Australian share market is expected to rise at open on Thursday. According to the latest SPI futures, the ASX 200 is expected to open 15 points or 0.2% higher. On Wall Street, the Dow Jones fell 0.19%, the S&P 500...

ASX 200 edges higher at opening tick; IT stocks lead rally

March 30, 2022 12:06 PM AEDT| By Aayush

Highlights The benchmark ASX 200 index surged 0.51% to 7,506.2 in the first 15 minutes of opening trade. US stocks rose on Tuesday, with the frontline indices Dow Jones and S&P 500 notching up their fourth straight session of gains. Nine o.....

US stocks close higher as oil drops; AAPL, MSFT, TSM gain

March 30, 2022 09:22 AM AEDT| By Sanjeeb Baruah

Benchmark US indices closed higher on Tuesday, March 29, boosted by gains in technology, consumer cyclical, and real estate stocks after mixed signals from the economy. The S&P 500 gained 1.23% to 4631.60. The Dow Jones rose 0.97% to 35294.19. T...

ASX 200 to rise; Bitcoin hits 2022 high of over US$48,000

March 29, 2022 08:57 AM AEDT| By Ashish

Highlights The Australian shares are expected to open higher on Tuesday. According to the latest SPI futures, the ASX 200 is likely to open 25 points or 0.35% higher. On Wall Street, the Dow Jones rose 0.27%, the S&P 500 was up 0...

US stocks close higher on gains from Tesla (TSLA); energy, financial stocks retreat

March 29, 2022 08:03 AM AEDT| By Rupam Roy

Benchmark US indices closed higher on Monday, March 28, as Tesla, Inc (TSLA) sharp gains nullified losses in the financial and energy stocks. The shares of TSLA surged 8.03% in intraday trading after the EV maker said that it would request investors'...