Markets Live: ASX's moody swings
Local shares are trading slightly lower, with banks offsetting the losses as markets keep an eye on the US Federal Reserve's interest rate decision next week.
Local shares are trading slightly lower, with banks offsetting the losses as markets keep an eye on the US Federal Reserve's interest rate decision next week.
The RBA sounds a bit more upbeat on the economy, enough to give the Aussie a push, while the ASX reverses early losses on news of movement in Washington.
Shares overcome a weak start to finish the session higher as investors jump into miners following the weekend's National People's Congress in China, while Navitas is smashed after an earnings downgrade.
Shares erase a fair chunk of yesterday's big gains, led down by the big miners after Wall St exuberance faded.
Shares record their best day in over three months as investors surf the wave of optimism that swept through the market overnight thanks to a renewed faith in the Trump trade, overwhelming the drag of some big names like Woolies and Lendlease trading ex-dividend.
The ASX continues to wallow as Telstra trades ex-divided, while an initial Trump-inspired jump in Wall St futures quickly fades.
Shares slide on the final day of reporting season amid caution ahead of Trump's big speech tomorrow, while WorleyParsons shares surge after a Dubai investor takes a stake.
Shares slide again despite big gains in QBE, Aristocrat and Lendlease after their profit reports, as waning enthusiasm for the Trump trade drags on big banks and miners.
Shares fall as investors tweak their expectations on the timing of US fiscal stimulus and after major metals prices dropped.
Shares claw back some early losses as investors take profits in the big miners, while the dollar takes a whack from soft business investment numbers.
Shares manage to end the day higher, mostly thanks to a stand-out performance from Woolies on a busy day of profit reports, while the Aussie inches up despite some disappointing economic data.
Shares slip lower for a second session as losses in the banks outweigh gains in iron ore miners after the commodity hit 2½-year highs, while Seek's profit update disappoints as reporting season rolls on.
Shares fall as investor mood turns sour on poor earnings updates from the likes of Brambles and WorleyParsons, while the big miners also drag.
A coordinated rally in big banks and miners helps the ASX record a second strong week of gains, despite some profit taking in Friday's session as reporting season reaches a crescendo.
Shares eke out a small gain despite Telstra suffering its worst session since August 2010 on a heavy day of earnings, while the Aussie dollar recovers its post-Trump losses.
Investors pile into heavyweights CBA, Wesfarmers and CSL after solid earnings updates, helping the ASX push through 5800 points and to its highest since May 2015.
The session started strong, catapulting the ASX 200 close to 5800 points, before investors started taking profits after the recent rally.
The big miners led the market higher, while company earnings provided plenty of momentum elsewhere.
Shares rise in broad-based gains after the US president promised 'phenomenal' tax cuts, while REA Group reports earnings.
A rally in AGL Energy and solid gains in real-estate stocks were enough to offset losses in miners.
Share gains accelerate in afternoon trade, led by the banks and a number of well-received earnings updates, while a fall in oil prices weighed in energy names.
Shares reverse sharp early losses to end the session slightly higher, led by a recovery in miners, as the RBA holds.
Shares lost their early momentum and reversed early gains as selling in miners offset buying in banks.
Shares drop, following a surprise rate hike in China and amid lingering global jitters over Trump's isolationist policies.
The Aussie dollar has convincingly cleared the US76c hurdle after the trade surplus shot up to its highest on record, but local stocks sag.
Local stocks edge higher, as miners and energy stocks profit from a weaker US dollar, but investors remain wary.
The ASX is once again in the red for 2017 as profit warnings rattle investors already spooked by Trump's isolationist stance.
Shares slump in broad-based losses led by a wipe-out in Aconex, amid growing worries over the Trump administration's policies.
Local shares rise, with gains in banks offsetting big slumps in gold miners, following Wall Street's record run that pushed the Dow above 20,000 points.
Shares rise, led by strong gains in the big miners, while the Aussie dollar takes a hit on softer than expected inflation data.
Save articles for later.
Subscribe for unlimited access to news. Login to save articles.
Return to the homepage by clicking on the site logo.