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Fresh record high for ASX after broad Friday rally

ASX hits new record, ING shocks analysts, Tabcorp offer formalised  The ASX200 (ASX: XJO) hit another record high on Friday, finishing the day 1.2% higher and taking the weekly gain to 2.1%. The records fell as the banking and materials sectors combined to deliver gains. Commonwealth Bank of Australia (ASX: CBA) gained 1.6% on Friday and both BHP Group Ltd (ASX: BHP)…

The Inside Investor | 30th May 2021 | More
ASX gains 0.4% as inflation data undershoots

Markets rally on weak inflation data, Link deal pulled, JB Hi-Fi CEO stepping down  The ASX200 (ASX:XJO) managed to deliver another 0.4% gain with the materials sector the only detractor falling 1.0%. The fall came despite the iron ore price hitting a record of US$193, marking a long recovery from the US$50 lows of 2015. JB HiFi (ASX:JBH) was among…

The Inside Investor | 28th Apr 2021 | More
Market update – Federal Reserve loosens inflation reins

It was a mixed day for the market, the ASX 200 (ASX:XJO) finished 0.2% higher despite trading up as much as 0.8% during the day.

Drew Meredith | 27th Aug 2020 | More