Closing Bell 12th December: Chemist Warehouse to list on ASX
Chemist Warehouse with an $8.8 Billion reverse takeover of Sigma Healthcare
closing bell
Closing Bell 11th December: Bitcoin Plunges 7% Crypto Market Shaken as Major Token Nears $40,000
Bitcoin’s notorious volatility strikes again, plummeting towards $US40,000 in a major sell-off, sparking concerns in the broader crypto market.
Closing Bell 8th December: Woodside and Santos Merger Talks Potential $80 Billion Energy Giant on the Horizon
Santos and Woodside Energy confirm merger discussions, potentially creating an $80 billion energy powerhouse, sparking significant investor interest and market speculation.
Closing Bell 6th December: Market Rallies as GDP Growth Underwhelms, Rate Cut Hopes Ignite ASX Surge
Australia’s GDP grows just 0.2% in Q3, sparking market rally with ASX up 1.5% as traders bet on imminent RBA rate cut amid economic slowdown.”
Closing Bell 5th December: Hawkish or Dovish Pause?? RBA Cash Rates Held at 4.35%
RBA holds rates at 4.35% in year-end decision, aiming to balance inflation control with economic growth amid global uncertainties and domestic market trends.
Closing Bell 4th December: Bitcoin Breaks $40,000 Barrier Amid Fed Rate Hike Pause Speculation
Bitcoin surges past $40,000 as Fed’s Powell hints at possible pause in rate hikes, fueling optimism in crypto markets for upcoming US ETF approvals.
Closing Bell 1st December: Oil Sinks as Traders Disappointed with OPEC+ Cuts
Today’s market saw tech stocks dip amidst global economic shifts, with key sectors responding variably to mixed manufacturing data and OPEC+ production cuts.
Closing Bell 30th November: ASX Edges Up Amid Bank Gains and Origin Energy’s Takeover Rejection
The ASX slightly rose, driven by financial sector gains, while Origin Energy declined after rejecting a takeover bid. Oil prices increased before the OPEC+ meeting.
Closing Bell 29th November: Australia’s CPI Eases to 4.9%, Fueling Optimism in Market and Interest Rate Outlook
Australia’s CPI drops to 4.9% in October, lower than expected, sparking a rally in interest rate-sensitive stocks and stabilizing the Australian dollar.
Closing Bell 28th November: ASX Rebounds with Gold and Real Estate Gains
The ASX surged 0.7%, driven by real estate and gold sectors, despite a 0.2% drop in October’s retail sales reflecting consumer spending pressures.
Closing Bell 27th November: Mining Sector Faces Downward Trend Amid Market Volatility
The mining sector witnessed a notable decline today, with key players like Mineral Resources and IGO Ltd experiencing significant drops amid market uncertainties.
Closing Bell 24th November: Origin Energy in Focus Amid Takeover Bid
Australian shares gained, led by energy sector recovery and anticipation of the OPEC+ meeting. Origin Energy’s takeover bid remains a key market highlight.