closing bell

Closing Bell

Closing Bell 24th June: ASX Rallies on Ceasefire Hopes; Greatland Gold and Virgin Australia Shine on Debut

ASX Rallies on Ceasefire Hopes; Greatland Gold and Virgin Australia Shine on Debut

The ASX surged on Tuesday as easing geopolitical tensions and strong IPO performances boosted investor confidence. The S&P/ASX 200 rose 1% to 8556.2 by 2pm AEST, with nine of 11 sectors in the green. A tentative ceasefire between Iran and Israel, announced by former US President Donald Trump, helped spark a broad-based rally.

Closing Bell

Closing Bell 18th June: ASX Wavers as Iron Ore Miners Slide; Oil Rises on Geopolitical Tensions

The ASX 200 fluctuated on Wednesday, inching up just one point to 8542.3 by 2pm AEST, as a sharp sell-off in materials offset gains in other sectors. Investors remained cautious amid escalating tensions in the Middle East, with oil prices surging to five-month highs after Donald Trump demanded Iran’s “unconditional surrender,” stoking fears of broader US involvement.

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