Sharemarket
Energy stocks drive markets close to record high as trading resumes in 2024
The Australian sharemarket starts the New Year on a positive note, shrugging off a negative lead from Wall Street last week.
- by Millie Muroi
Latest
Updated
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
Updated
Aussie dollar
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
Opinion
‘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
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
Once was adored: What went wrong with Adore Beauty
Adore Beauty entered the ASX in late 2020 with a market capitalisation of $650 million, enticing more women to invest for the first time. Now the gloss has worn off.
- by Sarah Danckert
Opinion
Federal Reserve
Join the dots: The war on inflation may have been won
Champagne corks were popping on Wall Street after the US Federal Reserve gave the clearest signal yet that it believes that it has laid the foundation for several rate cuts next year.
- by Stephen Bartholomeusz
Opinion
World markets
The two big bets that have sent markets surging
Everything from shares to Bitcoin is booming as investors get increasingly confident about what the future holds. But things don’t always go to plan.
- by Stephen Bartholomeusz
Opinion
Opinion
Merry Christmas, shareholders, Santa has arrived early
Investors see there is now more risk in being out of the market, meaning share market FOMO is in the ascendancy.
- by Elizabeth Knight
Updated
World markets
ASX closes higher after inflation surprise
The Australian sharemarket has reacted positively to new data showing inflation had cooled more than expected in October, sparking hopes the Reserve Bank would hold off on a rate rise next month.Â
- by Sumeyya Ilanbey
Updated
World markets
ASX hits a high note as US inflation data boosts markets
The Australian sharemarket advanced on the back of interest rate sensitive stocks after an encouraging report on US inflation sent waves of relief through Wall Street.
- by Millie Muroi and Sumeyya Ilanbey