Tag: ASX
Australia’s Financial Market Review 2024: Winners and Losers
The past year in the Australian financial market was marked by a mixed performance, with certain sectors emerging as winners while others struggled to maintain[more...]
ASX Plummets 1% as Inflation Surges
The Australian Stock Exchange (ASX) took a hit as consumer price data for May sparked concerns over rising inflation. The S&P/ASX 200 plunged by 1%[more...]
Mexican Fast-Food Chain Guzman y Gomez Soars in ASX Debut
Investors and employees at Mexican fast-food chain Guzman y Gomez celebrated as the company made its debut on the Australian Securities Exchange (ASX), reaching a[more...]
ASX Nears Record High Amid Rally in Mining and Energy Stocks
The Australian sharemarket moved within 33 points of its record closing high on Monday, driven by a rally in mining and energy stocks. The benchmark[more...]
Australia’s Unemployment Rate Rises to 4.1% in April: What It Means for the Economy
Australia’s headline unemployment rate increased to 4.1% in April, up by 0.2 percentage points from the previous month. The rise resulted in 30,300 more people[more...]
Anglo Americans rejects BHP takeover bid, ASX closes lower
The board of Anglo American has once again rebuffed an improved takeover bid from BHP, resulting in the ASX 200 closing lower. BHP made an[more...]
Australian Market Update: ASX Rises After RBA Meeting
The Australian Securities Exchange (ASX) is showing resilience as it rises following the Reserve Bank of Australia's (RBA) latest interest rate decision. Wall Street's recent[more...]
Real Estate Stocks Lift ASX as Interest Rate Cut Hopes Rise
The Australian sharemarket has enjoyed a boost as real estate investment trusts and energy companies propelled the market following a promising lead from Wall Street.[more...]
ASX Gains as US Traders Stay Optimistic on Interest Rates; Apple Earnings Beat Expectations
The Australian share market is set to gain ground as US traders continue to hold onto optimism regarding potential interest rate cuts by the Federal[more...]
ASX Plummets as US Inflation Fears Mount
The Australian sharemarket took a beating on Wednesday as mounting concerns over US inflation and interest rates led to a sharp sell-off following a negative[more...]
