ASX eases in mixed day of results
An early positive lead from record-breaking Wall Street gave way to local concerns as investor appetite waned in the banks.
Vanessa Desloires writes on Business, Real Estate, Markets, News. Based in our Melbourne newsroom, Vanessa is a trainee journalist.
An early positive lead from record-breaking Wall Street gave way to local concerns as investor appetite waned in the banks.
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Investors have been clambering to pick up resources stocks as they rally, but can it continue?
The Australian sharemarket struggled higher as investors digested the first big week of reporting season.
The ASX ended 0.6 per cent lower, as the banks and Telstra weighed.
Investors digested the busiest day of company reporting season so far, with bank stocks lifting the ASX.
The sharemarket rally has buoyed investors in a tough environment for returns, but strategists see few catalysts to drive the market forward from here.
The ASX lifted on Monday as strong US jobs figures sparked a wave of buying, led by bank stocks
The ASX is poised to lift on Monday after strong US payroll data pushed Wall Street to a new record.
The strong payroll figures in the US brings closer the prospect of a rate increase, taking some pressure off the RBA.
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