In the wake of the New Zealand central bank raising official interest rates, the Australian share market lost its opening momentum on Wednesday and retreated for a second day. The market surrendered its gains after… Read More
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
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
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
It was bargain hunter’s paradise on Thursday as the Australian share market rebounded from a four-month low and posted its strongest trading day for 2021. With a clean bill of health, all eleven sectors finished… Read More
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
The Australian share market slid off the bullish tracks on Tuesday as Biotechnology giant CSL and the miners displayed a sizeable decline amid expectations that the U.S. Federal Reserve may soon start to reduce the… Read More
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
