Stocks dropped overnight as investors digested weak retail sales data as well as the possibility that the US may join the escalating Israel-Iran conflict
The ASX 200 swung between gains and losses on Tuesday, dipping 10 points to 8538.4 by 2pm AEST, with seven of 11 sectors in decline. The market largely shrugged off Wall Street’s positive lead, as geopolitical tensions took centre stage.
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Having a high holding in gold has now run its course to an extent to we are recommending a switch of half of our Gold holding to Silver via the ETPMAG ETF (physical Silver)
Stocks kicked off the week on a strong note, as investors bet on a quicker resolution to the Israel-Iran conflict, while uranium ETF broke to 10 years highs
ASX edges higher as oil surges; Santos soars on takeover bid; Chinese retail jumps
Australian shares edged up on Monday, with energy stocks driving gains after a surge in oil prices and a $30 billion takeover bid for Santos. The S&P/ASX 200 rose 0.03% to 8549.7 points by 2:03pm AEST.
Anticipating next week’s company earnings and economic figures.
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Equity markets closed sharply lower overnight as escalating geopolitical tensions in the Middle East rattled investors and sent volatility soaring.
Stocks near record highs …as the world falls apart
Australian shares edged lower on Friday despite strength in energy and gold stocks, following Israeli air strikes on Iran that rattled investor sentiment. The S&P/ASX 200 fell 14.9 points, or 0.2%, to 8550.2 by 2pm AEST, with seven of 11 sectors in decline.
DFND gives investors exposure to a portfolio of listed global companies involved in the military or defence industries. DFND aims to provide investment returns before fees and other costs which track the performance of the Index.
The situation between Israel and Iran has escalated dramatically in the past 24 hours, marked by significant military, diplomatic, and nuclear developments that have raised fears of a broader regional conflict.
