Closing Bell 4th September: ASX Rallies; Domino’s Jumps on Chairman’s $5m Buy
The Australian sharemarket rebounded on Thursday, with the S&P/ASX 200 Index gaining 0.6 per cent, or 54.7 points, to 8793.5
The Australian sharemarket rebounded on Thursday, with the S&P/ASX 200 Index gaining 0.6 per cent, or 54.7 points, to 8793.5
Stocks recovered overnight as Alphabet led a rebound in tech following a favourable antitrust ruling and Treasury yields cooled their recent ascent as signs of a softer labour demand boosted rate-cut hopes.
The Australian sharemarket extended its losing streak on Wednesday, falling for a fourth consecutive session in its sharpest decline since April. At 2:05pm AEST, the S&P/ASX 200 was down 1.59 per cent, or 141.8 points, at 8758.8 – a two-week low – with all 11 sectors in negative territory.
Stocks fell overnight in a poor start to September as the tech wreck continued pressured by tariff uncertainty and a jump in bond yields.
The Australian sharemarket pared early losses to trade slightly lower on Tuesday, as strength in banks and miners helped balance declines from ex-dividend heavyweights. The S&P/ASX 200 Index slipped 0.1 per cent, or 7.8 points, to 8919.90 at midday AEST, with Wall Street closed for the US Labour Day holiday.
Greatland Resources (GGP:ASX) is positioned as Australia’s leading emerging gold-copper producer following its landmark acquisition of the Telfer mine and Havieron project in Western Australia. The company now owns Australia’s third largest gold/copper processing infrastructure, with total group resources of 10.2Moz gold and 387kt copper as of December 2024, underpinned by two major assets with multi-decade mine life potential
US stocks were closed overnight. There was little news apart from the precious metals rally
The Australian sharemarket slipped to a two-week low as investors rotated into gold on concerns over US Federal Reserve independence. At 2.15pm AEST, the S&P/ASX 200 Index was down 0.7 per cent, or 60.9 points, at 8912.2. Gold traded near US$3500 an ounce……
Global alpha poscast Ep7: Here comes September
Trim BHP, WHC, FMG, DFND over the coming week
Stock crawled to another record overnight, as investors weighed a surprise uptick in GDP and investor disappointment in Nvidia results.