Markets Live: Wave of selling hits ASX
Shares have turned opening gains into steep and wide-spread losses, with miners a lone bright spot and as profits season throws up hits and misses.
Shares have turned opening gains into steep and wide-spread losses, with miners a lone bright spot and as profits season throws up hits and misses.
Broad-based gains are driving the ASX higher following more upbeat leads from Wall St and rising commodity prices.
A slump in the ASX's biggest stock weighs but the market has fought back from early lows, while Lend Lease jumps on an 'inadvertent' earnings release.
Shares slip as investors dump Suncorp and Rio following earnings reports, with the headline move in the ASX obscuring some sharp individual moves.
Losses in miners and the big banks lead the market lower, but global sentiment remains upbeat.
The ASX climbs as the official start of reporting season is marked with some big hits and misses, ahead of this afternoon's RBA rates decision.
After an erratic start, shares push higher ahead of a busy week for investors including the start of earnings season and an RBA meeting.
Shares unexpectedly tumbled to one of their worst days of the year amid broad selling ahead of next week's start of earnings season, sending the ASX lower over the week.
The dollar extends its relentless rally, rising above US80.5c, which isn't helping local shares today, despite a rally in miners.
Mining and energy stocks spearheaded some solid mid-week gains as commodities rallied, while a weak inflation print knocked the Aussie off its pedestal.
Shares stage a broad-based, solid recovery after two sessions in the red, while Coca-Cola shares are hit hard by more bad news.
Investors started the week in a sour mood, flocking to the relative safety of gold miners as energy names and the big banks lead a broad ASX sell-off.
The Aussie drops below US79c after the RBA's Guy Debelle warns about reading too much into 'neutral rate' discussion, while shares slide on US political worries.
Banks again lead the ASX higher, while solid but unspectacular jobs numbers briefly boost the Aussie dollar.
Shares in the big banks rocket higher as investors bet they won't need to raise capital to meet APRA's new requirements.
Losses on the ASX accelerate, pulling the index below 5700 points, while the Aussie rallies to a fresh two-year high.
Shares trade flat and the Aussie dollar trades close to two year highs, supported by better-than-expected Chinese economic data.
Shares trim early gains but remain on track for a solid weekly rise, while the Australian dollar is at four-month highs.
The Aussie dollar joins a rally in stocks, after dovish comments by Fed chair Janet Yellen lifted the Dow to a record.
Local shares fall with materials the only sector posting a gain, after a choppy session on Wall Street that was dominated by politics.
Miners such as BHP are a bright spot in a market stuck in a tight trading range ahead of key central bank events.
Wall Street's positive mood spilled over to the local sharemarket, though buying lost some momentum in afternoon trade.
Shares and bonds suffer a week in the red as investors fret over the potential withdrawal of central bank stimulus, with listed property the worst hit, while miners help prop up the ASX.
Shares are under a bit of pressure again, led by selling in the big banks and as miners lose some of their early momentum.
Shares lose some of yesterday's outsized gains as geopolitical risk raises its ugly head again, but miners prevent bigger losses.
Shares record their best day of the year as investors jump back into the market, while the Aussie slips as the RBA keeps rates on hold.
Shares fall into the red as gains in the big banks evaporate and investors remain cautious following Friday's selloff.
Shares lose more than $26 billion in value in a broad-based sell-off sparked by global jitters after central bankers flagged the tide is turning for easy money.
Shares have enjoyed a second session of strong gains as the surprise iron ore rally pushed miners higher and banks ran with an upbeat lead from US peers.
Shares push higher, led by gains in the miners after commodity prices rose overnight, despite Fed and ECB officials rattling global investors.
Save articles for later.
Subscribe for unlimited access to news. Login to save articles.
Return to the homepage by clicking on the site logo.