Business
Markets
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Shares
ASX slips on last trading session of the year, but local bourse records strongest annual gains since 2021
The S&P/ASX200 closed 27.3 points, or 0.3 per cent lower, at 7590.8 on Friday, weighed down by all 11 sectors, which were trading in the red.
- by Sumeyya Ilanbey
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Updated
Sharemarket
Shares near all-time high as Australian dollar climbs
The Australian sharemarket is within 14 points of setting an all-time high after the local index rallied again on the back of rising iron prices.
- by Sumeyya Ilanbey
Opinion
Sharemarket
‘Fool’s game’: Why predictions about the sharemarket are usually wrong
It’s best to ignore forecasts for 2024 – when they’re right it’s only by accident.
- by Jeff Sommer
Updated
Shares
Santa Claus rally: Bumper start as markets near all-time highs
The Australian sharemarket set a new 100-day high on the first day of trade after the Christmas and Boxing Day break, following the lead of Wall Street, which is on the brink of a record.Â
- by Sumeyya Ilanbey
Fed chair Jerome Powell just received ‘the best present he could ask for’ – and it’s good news for rate cuts
While the Fed won’t rush into cutting rates, analysts say it’s likely now just a matter of time after the latest US inflation data.
- by Lucia Mutikani
The five ‘mega-forces’ to watch out for on the sharemarket in 2024
This time last year, economists were bracing for a recession, soaring interest rates and more fallout from the war in Ukraine. Their worst fears didn’t eventuate.
- by Sumeyya Ilanbey
Updated
World markets
ASX rally runs out of steam despite Wall Street rebound
The Australian sharemarket’s rally ran out of puff on the last trading day before Christmas and finished flat, despite early morning futures indicating the local bourse would rise in line with strong gains on Wall Street.Â
- by Sumeyya Ilanbey
Updated
World markets
ASX falls as Wall Street rally runs out of puff
The Australian sharemarket dropped on Thursday, weighed down by consumer discretionary companies and IT stocks, and a negative lead from Wall Street overnight.
- by Millie Muroi
Opinion
World markets
The danger that could send sharemarkets tumbling
Financial markets have a history of factoring in perfect outcomes and then being savagely disappointed when they don’t eventuate. They are at this point right now.
- by Stephen Bartholomeusz
Updated
World markets
Santa rally gathers steam as ASX nears record high
The Australian sharemarket has hit a 10-month high led by gains in all 11 sectors amid rising hopes that interest rates relief is coming.
- by Sumeyya Ilanbey
Updated
World markets
Christmas cheer as Australian shares hit 10-month high
The Australian sharemarket hit fresh highs on Tuesday after a strong night for crude oil, minutes from the Reserve Bank of Australia’s December meeting noting positive signs for inflation, and the Bank of Japan maintaining ultra-loose monetary settings.Â
- by Sumeyya Ilanbey