Bob Desmond from Claremont Global speaks to Peter White from The Inside Network for our IN60 series.
ASX claws back, energy hit, IT takeover rally spreads The ASX 200 (ASX: XJO) spent most of the day clawing back from early losses, ultimately finishing down just 0.2% despite a weak lead from the US market. The story was similar to yesterday with 8 of the 11 sectors down but technology continuing to drive performance, up…
Afterpay powers ASX to record, Santos takes out Oil Search, iron ore tanks The ASX 200 (ASX: XJO) powered to another record close on Monday, jumping 1.3% on what has been dubbed ‘the biggest day in Australian sharemarket history’; the IT sector added 6.5%. Whilst every sector finished the day higher, it wasn’t smooth sailing for materials,…
Steve Byrom from Potentum Partners shares insights with Giselle Roux from The Inside Network on ‘Should You Reduce an Allocation to Listed Equity to Invest in PE?’
Rough finish to a flat week, materials hit more records, NAB’s buyback The ASX 200 (ASX: XJO) finished 0.3% lower on Friday, ending the week down just 0.02%. Behind the stagnant market was a growing level of divergence between industry performances. Materials and mining continued to power ahead behind record results and all-time highs for Fortescue Metals Group…
Market rallies, trifecta of iron ore records, property hit by Victorian Government The ASX 200 (ASX: XJO) delivered another positive day, adding 0.5% as the trifecta of iron ore miners including Fortescue Metals Group Limited (ASX: FMG), Rio Tinto Limited (ASX: RIO), and BHP Group Ltd (ASX: BHP) all hit record highs. This sent the materials sector 1.5% higher, beaten only by the…
Markets drift lower, Rio’s dividend bonanza, inflation spikes The ASX 200 (ASX: XJO) weakened throughout the session, ultimately finishing 0.7% lower on Wednesday. Every sector fell apart from property, which added 0.9%, with the local tech sector once again the hardest hit, down 2.1% as Afterpay Ltd (ASX: APT) and Zip Co Ltd (ASX: Z1P) continue to face global competition. Both Vicinity…
‘How Mature Is Shorting In the Australian Market?’ Sean Fenton from SAGE Capital shares insights with Peter White from The Inside Network.
ASX nears fourteen-year record, confidence slipping, OZ Minerals, BlueScope smash expectations It was all about the mining sector on Tuesday, with the diggers and dealers finishing 1.6% higher and pushing the market up another 0.5%. Across the board, it was an even split between those sectors that gained and detracted with energy also rallying but IT…
ASX finishes flat, materials gain again, Lynas delivers records The ASX 200 (ASX: XJO) gave up another record opening, dropping 0.4% throughout the day to finish flat. Every sector finished lower barring materials and mining, which jumped 1% on the back of a strong update from miner Lynas Rare Earths Ltd (ASX: LYC). Energy dropped 1.4% and property trusts…
