ASX Afternoon Report

Bears storm the ASX

The Australian share market displayed a negative finish even the index finished off their lows after the Reserve Bank left official rates on hold, while tech stocks struggled after a sell-off on Wall Street on… Read More

ASX gains 1.3% as banks, travel stocks shine

The Australian share market displayed a positive start to the week, driven by Financials and travel stocks, despite global markets being overshadowed by the latest developments in China’s biggest developers, Evergrande. News sources reported Evergrande’s… Read More

ASX ends a choppy volatile week

Bargain hunters were nowhere to be seen on Friday as the Australian share market slumped for a fourth consecutive week as every sector slumped into the red. Financials, Consumer Discretionary, and Property shares had the… Read More

Bears continue to weigh on the ASX

The Australian share market bearish sentiment extends for a second consecutive day as broad-based selling weighed heavily on the index as concerns about sustained high U.S. inflation pushed U.S. bond yields higher. Wall Street took… Read More

Energy brightens up the ASX for the start of the week

The Australian share market started the week higher as investors shrugged off concerns by troubled China’s second-largest property developer, Evergrande, who could default on its US$305 billion of debt, which has overshadowed trade in recent… Read More