asx:amp

Here we go again, ASX flat as lockdown begins, Costa Group tanks, AMP sued The ASX200 (ASX: XJO) added just 2.4 points on Thursday after the Victorian Government sent the entire state into another lockdown. The news is expected to hit the economy to the tune of $1 billion but the market remains immune, with the IT sector once…

Notwithstanding the political and superannuation industry talk of an infrastructure-led economic recovery in Australia, and elsewhere, the listed infrastructure sector has been looking decidedly unloved of late. And much of the sector’s underperformance against the broader market this year has not been justified in terms of company earnings. Guiseppe Corona, the London-based head of global…

ASX 200 ekes out a gain, tech profit taking continues, Trump bans WeChat Global markets continued their negative trend on Friday, the ASX 200 (ASX:XJO) falling 0.3%, but managing to finish the week up a solitary 5 points; outperforming most global markets. It was a similar story in the US, with both the Nasdaq and…

Turnaround: markets look past recession to the future, AMP in hot demand, another positive lead ahead The ASX 200 (ASX:XJO) staged a remarkable recovery, adding 1.8% even as we received confirmation that the economy had contracted by 7% in the June quarter. The rally was broad-based with industrials and materials improving on the back of…

Company reporting season is in its final stretch with roughly two-thirds of the ASX 200 having reported and another +40 companies still to go. Whilst expectations were for a painful season filled with earnings misses, guidance downgrades and massive share price losses, it has been anything but that. Rather this season has pleasantly surprised on…

The ASX 200 (ASX:XJO) overcame a weak lead from overseas markets to finish 0.3% higher, behind another rally in Wesfarmers Ltd (ASX:WES), up 1.5%.

The ASX 200 (ASX:XJO) overcame a weak lead from overseas markets to finish 0.3% higher, behind another rally in Wesfarmers Ltd (ASX:WES), up 1.5%.