Closing Bell 13th November: Elders Surges in Declining ASX Market Dominated by Energy and Banking Losses
Amidst a general ASX downturn driven by energy and bank stock losses, Elders stands out with a notable surge, defying broader market trends.
Closing Bell
Closing Bell 10th November: Fed Chairman Powell Hints at Further Rate Hikes, Markets React
In a shift from previous expectations, Fed Chairman Jerome Powell’s comments on potential rate hikes spooked Wall Street, leading to a drop in bond yields.
Closing Bell 9th November: ASX Rises Amid Tech Turbulence and Mining Moderation
ASX edges higher despite tech sector slump, with healthcare gains and mining giants’ resilience amidst global economic and interest rate concerns.
Closing Bell 8th November: ASX Rebounds Midday, Tech Rises as Miners Stumble Amidst Global Commodity Dip
ASX recovers with tech stocks rallying, despite mining giants’ fall due to weak Chinese data and a global decline in commodity prices.
Closing Bell 7th November: RBA Raises Cash Rate to 4.35% Amid Inflation Concerns
The Reserve Bank of Australia has increased the cash rate by 25 basis points, aiming to curb persistent inflation and stabilize economic growth.
Closing Bell 6th November: Investors rally behind ASX tech amidst economic optimism
ASX’s tech stocks are on a tear today, leading the charge as rate hike jitters take a back seat. Investors, it’s time to buckle up for a tech-tastic ride.
Closing Bell 3rd November: stocks rally tracking Wall St strength, easing Fed fears
Jerome Powell’s words echo across global markets, with ASX sectors reacting to potential future rate adjustments.
Closing Bell 2nd November: Uncertainty Looms Despite ASX Gains, as Future Rate Hikes Remain Possible
Jerome Powell’s words echo across global markets, with ASX sectors reacting to potential future rate adjustments.
Closing Bell 1st November: Miners Shine as Banks Soften and Investors Eye Federal Reserve’s Next Move
ASX sees a glimmer of recovery, echoing Wall Street’s optimism. Mining giants like Rio Tinto and Fortescue light up the market with notable gains. vestors hold their breath, awaiting insights from the Federal Reserve policy statement.
Closing Bell 31th October: Interest Rate Speculations and Global Events Steer ASX Movements
The RBA’s anticipated stance on interest rates remained a focal point for investors and market strategies.
Closing Bell 30th October: Banking and Energy Sectors Stumble as ASX Navigates Conflict Shadows
The ASX sees banking and energy sectors falter under the weight of global conflicts, while gold miners and tech stocks offer a refuge for investors.
Closing Bell 27th October: Contact Energy and Champion Iron Lead the Charge
Today’s market saw a surge of energy, with Contact Energy Ltd and Champion Iron Ltd powering through, boasting gains of 7.09% and 6.78%, respectively. Investors felt the warmth as these companies illuminated the path towards substantial market profits.