Yesterday
ASX falls; Afterpay, Zip lead tech losses
The Australian sharemarket has ended the session lower; Fed chair Powell offers no answers to bond sell-off; OPEC+ will extend its production cuts through April; WA has launched a royal commission into Crown Resorts. Follow the latest here.
- Updated
- Vesna Poljak, Tom Richardson, Sarah Turner, Richard Henderson and William McInnes
This Month
Healthcare leads shares 0.8pc lower; banks lift
The ASX closed 0.8pc lower, with tech and healthcare falling. Xero plans to buy Planday for $284.5 million, Synlait dives 9pc on a profit warning and Cleanaway pursues Suez Australia in $2b deal. Gold lower, banks lift. US futures point lower.
- Vesna Poljak, Sarah Turner, Tom Richardson, William McInnes and Richard Henderson
ASX climbs on GDP beat; resources higher
GDP grows more than 3 per cent in consecutive quarters for the first time on record, driven by household spending. Mike Sneesby is the new Nine Entertainment boss; Rio chairman Simon Thompson will exit the board in 2022. Follow the latest here.
- Updated
- Tom Richardson, Vesna Poljak, Richard Henderson, William McInnes and Sarah Turner
ASX closes lower; GDP forecasts revised higher
Australian stocks fall; Afterpay shares drop; Mesoblast completes $138m private placement; the RBA says it’s prepared to make further adjustments to its bond purchases in response to market conditions, if necessary. Follow the latest updates here.
- Updated
- Richard Henderson, Vesna Poljak, Tom Richardson, Sarah Turner and William McInnes
ASX advances 1.7pc; Senex completes Cooper Basin sale
The Australian sharemarket has closed higher; Aussie bond yields tumble; Fortescue, Aurizon trade ex-dividend; home loans soar in January; inventories, company profits fall short of expectations in Q4; RBA to buy $4b of bonds, yields tumble.
- Updated
- Vesna Poljak, Tom Richardson, Sarah Turner and William McInnes
February
ASX tumbles 2.4pc; Afterpay, Nuix headline tech crash
Afterpay upsizes offering to $1.5b, AMP adds 7.5pc on Ares JV deal, Orica drops 18pc as CEO exits and Kogan sinks 10.4pc. US 10-years give back some gains to 1.49pc and local dollar retreats to buy US78.3c. Follow the latest here.
- Updated
- Tom Richardson, Vesna Poljak, William McInnes and Tim Boyd
ASX closes higher; BHP Group soars to record high
The Australian sharemarket closed higher on Thursday; RBNZ remit changed to consider housing; A2 Milk profit tumbles daigou channels hit; PEXA float on the table; Afterpay co-CEOs to sell down up to 450,000 shares each. Follow the latest here.
- Updated
- Vesna Poljak, Tom Richardson, Sarah Turner, William McInnes and Tim Boyd
ASX hits three week low; tech stocks tumble
The Australian sharemarket has closed at its lowest level since February 4; WiseTech upgrades EBITDA guidance; Nine Entertainment profit soars despite revenue decline; Scentre Group reports $3.8b loss; Viva Energy scraps final dividend; wage growth remains steady at 1.4pc; RBNZ keeps rates on hold. Follow the latest here.
- Updated
- Vesna Poljak, Tom Richardson, Sarah Turner, William McInnes and Tim Boyd
ASX lifts on energy; bitcoin tanks 9pc
The Australian sharemarket has closed higher; Ian Narev to succeed Andrew Bassat as the SEEK boss; Select Harvets puts consumer business, processing facility up for sale; Platinum declares lowest interim dividend in 8 years. Follow the latest here.
- Updated
- Tom Richardson, Vesna Poljak, William McInnes, Sarah Turner and Tim Boyd
ASX ends lower; JPMorgan says dividend supercycle could be beginning
The Australian sharemarket closed lower after fluctuating through the session; Macquarie FY21 profit to rise as much as 10pc; BOQ to acquire ME Bank, raising $1.35b; Australian 10-year bond yield rises above 1.5pc; Costa soars after swinging to full year profit; QBE rises amid broker upgrades.
- Updated
- Vesna Poljak, Tom Richardson, Sarah Turner, William McInnes and Tim Boyd
Weekly gain eroded after 1.3pc market fall
The Australian sharemarket has ended the week lower weighed down by falls among the miners and CSL on Friday. Morgan Stanley hikes Afterpay price target to $170.
- Vesna Poljak, Sarah Turner, Tom Richardson, William McInnes and Luke Housego
ASX ends flat; BOQ to raise money for potential acquisition
The Australian sharemarket has ended the session flat; ANZ reports Q1 cash profit of $1.8b; Woodside achieves record production; CSL declares record dividend; Fortescue smashes dividend record; Brent crude above $US65 for first time since January 2020.
- Updated
- Vesna Poljak, Tom Richardson, Sarah Turner, William McInnes and Luke Housego
Rio Tinto springs US93¢ special dividend
The ASX 200 lost 32.1 points today. Rio Tinto has declared a final dividend of $US3.09 and special dividend on top. Russia’s Lukoil lobs an 11th-hour bid for FAR asking for the vote on Woodside’s offer to be rescheduled. Follow updates here.
- Updated
- Vesna Poljak, Sarah Turner, Tom Richardson, William McInnes and Luke Housego
ASX hits 11-month high; Fortescue falls as leaders exit
The Australian sharemarket closed at its highest level since February 2020; BHP Group rises after paying bumper dividend; JCap says Nearmap response avoided key issues; RBA outlines thinking behind extension of QE; Fortescue clears out leadership amid Iron Bridge cost blowout.
- Updated
- Vesna Poljak, Tom Richardson, Sarah Turner, William McInnes and Luke Housego
ASX rises; Japan’s Nikkei 225 tops 30,000pts for the first time since 1990
The ASX has closed 0.9 per cent higher with the materials sector leading the gains by market value. JB Hi-FI and Seven West Media among the shares to advance off the back of results updates.
- Vesna Poljak, Tom Richardson, Sarah Turner, William McInnes and Luke Housego
Lockdown sinks ASX; bitcoin hits record high
Investors took risk off the table ahead of the weekend, travel companies dropped on Melbourne’s lockdown, and Mirvac cuts its dividend 21.3pc.
- Tom Richardson, Vesna Poljak, Sarah Turner, William McInnes and Luke Housego
ASX ends lower; Nearmap falls 7.3pc after JCap report
The Australian sharemarket has closed slightly lower; Telstra revises full year guidance; Transurban swings to $419m loss; AMP tumbles as Ares scraps takeover; Magellan profit up 3pc to $202.3m; JCap alleges Nearmap’s US business is failing.
- Updated
- Vesna Poljak, Tom Richardson, Sarah Turner, William McInnes and Luke Housego
ASX rises; TechnologyOne defends rem report ahead of AGM vote
Buy now pay later delivered a strong session for the technology sector. CIMIC shares hammered following full year results release. Crown director Poynton separates from Packer’s Consolidated Press. Follow updates live here.
- Vesna Poljak, Robert Guy, Sarah Turner, William McInnes, Tom Richardson and Luke Housego
ASX slips; Computershare upgrades guidance
The Australian sharemarket has closed lower; Dexus says activity lifting as people return to work; Challenger punished after cutting dividend; Macquarie Bank CEO retires in board, management shake-up; Business confidence rises in January; future of Crown’s Sydney casino licence uncertain.
- Updated
- Vesna Poljak, Robert Guy, Tom Richardson, Sarah Turner, William McInnes and Luke Housego
ASX closes in on pre-Covid high; BHP, Rio drive market gains
The mining sector has led the ASX higher. Iron ore miners rise despite the commodity spot market pull back. JPMorgan sees upside in low expectations for AMP results. Follow updates live here.
- Updated
- Vesna Poljak, Robert Guy, Sarah Turner, William McInnes, Luke Housego and Tom Richardson
