Market Updates

US markets slip on new covid variant fears

 US markets slip on new covid variant fears

Benchmark US indices wrapped up the week on a gloomy note Friday, November 26, after concerns over a new covid variant in South Africa triggered bearish sentiments. The S&P 500 fell 2.27% to 4,594.62. The Dow Jones fell 2.53% to 34,899.34. The N...

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US stocks close flat ahead of big retail earnings

US stocks close flat ahead of big retail earnings

Benchmark US indices closed flat on Monday, Nov 15, ahead of big retail earnings this week and a positive global economic outlook increasing the bullish influence on the market. The S&P 500 closed flat at 4,682.80. The Dow Jones fell 0.04% to 36...

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ASX 200 to fall; Pilbara, Mirvac to hold AGMs today

ASX 200 to fall; Pilbara, Mirvac to hold AGMs today

  • November 16, 2021 08:50 AM AEDT
  • Ashish

Australian shares are set to start Tuesday on a muted note as subdued commodity prices are likely to pull down resource-related stocks, while US stocks ended marginally lower. According to the latest SPI futures, the ASX 200 may open 32 points or ...

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Healthcare and Technology Sectors Supported Australian Market

Healthcare and Technology Sectors Supported Australian Market

On 15th November 2021, broader equity market in Australia ended in green after significant buying was witnessed in the healthcare as well as technology sectors. On the same day, ASX 20 and ASX MIDCAP50 rose by 0.29% and 0.67%, respectively. Also, ASX...

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ASX 200 edges higher after muted opening; NAB goes ex-dividend

ASX 200 edges higher after muted opening; NAB goes ex-dividend

  • November 15, 2021 01:03 PM AEDT
  • Aayush

After starting the week on a flat note, the ASX 200 gained momentum by Monday afternoon and was trading 0.29% or 21.9 points higher at 7464.9, while the ASX All Ordinaries index was up 0.44% or 34.4 point to 7,800.2. Both indices notched higher by ...

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ASX 200 to fall; Incitec’s profit rises in FY21

ASX 200 to fall; Incitec’s profit rises in FY21

  • November 15, 2021 09:26 AM AEDT
  • Ashish

Australian share market is expected to open lower on Monday, with local technology stocks likely following an upbeat session on Wall Street over the weekend. The growing inflation-related concerns may negatively impact broader sentiment. According...

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US stocks close week higher as rate fears ease

US stocks close week higher as rate fears ease

Benchmark US indices closed the week on a positive note on Friday, Nov 12, lifted by technology and basic materials stocks after the Federal Reserve said it will keep the interest rates low for now. The S&P 500 was up 0.72% to 4,642.85. The Dow ...

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Basic Materials and Energy Sectors Helped Market in Australia

Basic Materials and Energy Sectors Helped Market in Australia

On 12th November 2021, the stock market in Australia closed in green after some buying was witnessed in the basic materials as well as energy sectors. On the same day, ASX 20 rose by 0.89% and ASX MIDCAP50 increased by 1.11%. Also, ASX 200 witnessed ...

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ASX ends 0.8% higher; IGO, James Hardie, Champion Iron shine

ASX ends 0.8% higher; IGO, James Hardie, Champion Iron shine

Snapping a four-session losing streak, Australian shares closed higher in a broad-based rally on Friday. The rebound in commodity prices helped the equity market recover from the shock of a higher US inflation reading, which reignited fear of rate ...

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Mining stocks power ASX higher; BHP, Rio, Fortescue rise 

Mining stocks power ASX higher; BHP, Rio, Fortescue rise 

Australian shares were trading near the day’s high by mid-session on Friday, supported by broad-based buying across sectors. Market sentiment was also lifted by a rally in blue-chip miners such as BHP Group, Rio Tinto, Fortescue, and Minera...

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ASX 200 opens in green on mining boost; Rio Tinto, BHP shine

ASX 200 opens in green on mining boost; Rio Tinto, BHP shine

  • November 12, 2021 12:25 PM AEDT
  • Aayush

Highlights The ASX 200 was trading 0.6% to 7,420 higher in early trade, supported by mining stocks. The US dollar index surged to a 16-month high, a day after data revealed US hitting a 30-year high inflation. Nine out of the 11 sectors were t...

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