The sharemarket's seemingly relentless rise towards the elusive 6000-point threshold suffered a setback on Wednesday, as heavy selling in the big banks and major miners handed the ASX its worst session in six weeks.
An afternoon rally driven by bargain-hunting in the big banks following ANZ's poor earnings result helped almost erase early losses, as the RBA holds rates.
Fluctuating interest in the big banks explained an up-and-down session on the ASX, but in the end investors shook off a shaky start to push firmly higher.
Shares manage to reverse early losses to nudge higher on Friday, ending the week firmly up and within sight of 6000 points.
Shares overcome early wobbles to climb a bit closer to the elusive 6000-point mark amid a flood of corporate news, as buying in the banks offsets a cautious mood.
Investors jump into shares buoyed by record highs and climbing confidence on Wall St, with banks leading the charge as ABS data shows inflation edging higher.
ASX starts the week on the front foot after France's first round of presidential polling produces a market-friendly result, which helped push the euro to a five-month high.
Shares end a tough week on a high note as miners roar back to life, while Coca-Cola Amatil slumps on a shock profit warning.
Shares snap a three-session losing streak, thanks in large part to gains in the banks and as investors continued to jump into telcos.
Investors snap up beaten-up iron ore miners and telco stocks, but it's not enough to offset selling in the big banks and energy names.
Geopolitical tensions and further falls in iron ore sparked broad and solid selling on the sharemarket, while TPG is smashed as telcos stumble.
Steep losses in mining stocks following a collapse in the iron ore price weigh on the ASX, while the Aussie dollar is boosted by jobs numbers.
Shares end marginally higher, as gains in the big banks offset a dive in Telstra shares, amid an overall cautious mood.
Shares extend yesterday's rally, led up by the big banks and energy stocks, while BHP gives back some of yesterday's outsized jump.
The ASX tops 5900 points in broad-based gains led by BHP Billiton after a US hedge fund urges a restructure, while the Aussie dollar continues to fall.
Initial strong gains evaporated following US military strikes on a Syrian airbase, before an afternoon recovery left the ASX flat for the day and the week.
Selling in sharemarket bluechips consigns ASX to a day in the red after the US Federal Reserve last night spooked global markets, while CSL shrugs off the sour mood to hit all-time highs.
Shares overcome a midday slump to close with solid gains, led by miners and energy stocks, but banks end mostly lower.
A slightly more downbeat tone from the RBA pushes the Aussie dollar firmly below US76¢, as selling in the big banks drags the sharemarket lower.
Shares manage a mid-afternoon rally that erases earlier losses despite the weight of selling in the miners, while Healthscope drops on news of a new CEO.
A last-minute slump isn't enough to prevent the ASX from notching up its best weekly gains in four months, with banks driving most of the gains.
Shares notch up their third straight day of gains, with the ASX 200 coming just short of 5900 points as investors continue to buy into bluechips like miners and banks.
The ASX extended yesterday's rally, hitting a fresh two-year high as banks continue to rally, while the mystery buyer behind a stake purchase in Myer is revealed.
The ASX hits a fresh 2017 closing high thanks to a surprisingly strong performance of the big banks.
ASX recovers from early losses as investors snap up banks, but miners remain under pressure after commodity prices fell, as a mystery buyer snaps up 80 million Myer shares.
Shares post healthy gains to pare the week's losses, led up by CSL and the big banks, while Downer slumps following its capital raising.
Shares claw back some of yesterday's heavy losses after Wall St steadied overnight as miners shrug off another sharp fall in iron ore, although banks remain weak .
In a big shake-up after months of gains, shares record their worst day since the US election amid growing doubts that Trump will deliver on his pro-growth policies.
Some recovery in the banks helps almost reverse early losses on the ASX, as TPG pops on a strong earnings update and Blackmores and Bellamy's jump on a Chinese rule change.
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