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The benchmark S&P/ASX 200 index rose 86.5 points, or 1.3 per cent, on Tuesday to 6,806.4 points, while the broader All Ordinaries gauge added 81.4 points, or 1.2 per cent, to 7,030. Nine of the ASX’s 11 sectors gained ground, with real estate and healthcare the only ones to retreat. The mining sector was the…

It was a sea of red on the S&P/ASX200, with the market closing down 1.5 per cent on Friday, resulting in a 2.1 per cent loss for the week. A reversal in the energy sector, triggered by a resolution of potential railroad strikes sent the energy sector down 3 per cent, with Whitehaven Coal (ASX:WHC)…

The local market fared better than global shares on Wednesday, falling 2.6 per cent in comparison to the 5 per cent drop in the Nasdaq. There was red across the board, led by the property and retail sectors, with the likes of Charter Hall (ASX:CHC) and Wesfarmers (ASX:WES) dropping more than 4 per cent on…

Australian shares advanced for a third straight day on Monday, driven by the materials sub-index, which rode rising commodity prices to a 2.2 per cent gain. The S&P/ASX 200 benchmark advanced by 70.3 points, or 1 per cent, to 6964.5, while the broader All Ordinaries index closed up by a similar percentage, lifting 69.2 points…

The local market capped off the worst week in several months, falling another 0.3 per cent and taking the weekly loss to 3.9 per cent. On Friday it was the financial sector leading the way on hopes that the economy may remain strong, bounced 0.7 per cent, with the more defensive healthcare and real estate…

The S&P/ASX200 almost turned around a sharply weaker start to trading on the final day of August, falling just 0.2 per cent on Wednesday. In a reverse of recent days, the energy sector was the biggest detractor after the European Union warned of a potential intervention in energy markets and China faces another COVID-19 outbreak….

The local market managed to overcome another weak global lead, gaining 0.5 per cent on Tuesday, with the energy sector a key support. Gaining 1.4 per cent on the back of a strong inaugural report by Woodside Energy (ASX:WDS) the sector was second only to technology, which gained 1.8 per cent. Renewed conflict in Libya…

The local market followed an increasingly negative global lead, ultimately finishing 2 per cent lower. The sole driver was commentary from Federal Reserve Chair Jerome Powell from the Jackson Hole summit, which suggested aggressive central bank action was unlikely to slow any time soon. The result was just four companies posting increases on the day,…

After two solid falls to start the week, the Australian market put three straight rises together by the end of Friday, to get itself back into the green for the week – but only just. The benchmark S&P/ASX 200 eased 10.4 points, or 0.2 per cent, for the week, to end at 7,104.1. while the…

The Australian share market took a positive lead from US markets into Thursday and was also buoyed by Asia-Pacific news and earnings results. The benchmark S&P/ASX200 index gained 50 points, or 0.7 per cent, to 7048.1, while the broader All Ordinaries was up 49.6 points, also 0.7 per cent, to 7291.9. The gains followed news of…