sharemarket

The Australian share market is showing few signs of slowing down, delivering another positive day with a 0.6 per cent gain. Daily moves are being driven by a generally positive reporting season with the materials, up 1.7 per cent, the key winner alongside healthcare and consumer staples. Both energy and property retreated one per cent…

The local bourse opened the week on a positive note, gaining 0.5 per cent despite a more mixed day across the sectors. Energy and financials were the primary detractors falling 0.8 and 0.2, with reversals in Beach (ASX: BPT) and Bendigo Bank (ASX: BEN) which were down 11.1 and 8.4 per cent on weak updates….

The Australian market limped into the weekend, with the benchmark S&P/ASX200 index on Friday finishing down 38.5 points, or 0.54 per cent, to 7032.5, while the broader All Ordinaries lost 36.6 points, or 0.5 per cent, to 7288.8. The energy sector was the only shining light, up 2.3 per cent for its best day in almost…

Australian shares followed the US market higher on Thursday after the world’s largest economy reported easing inflationary pressures, helping to lower interest rate expectations. The benchmark S&P/ASX 200 gained 78.3 points, or 1.1 per cent, to close at 7,071 points, while the broader S&P/ASX All Ordinaries rose 86.7 points, or 1.2 per cent, to 7325.4 points. Most…

See what the brokers say about Australia’s largest bank and mining entity this reporting season.

Of the 200 companies that Morningstar analysts research on the ASX, 15 companies have made it onto the firm’s Best Stock Ideas for August.

The local market gave up early gains to finish broadly flat on Thursday after a strong week in the market.

With US quarterly reporting season nearly wrapped up, the trend is showing that earnings were better than expected this quarter.

The local market has managed to overcome another 50-basis point rate hike by the Reserve Bank of Australia to post a small gain for the day despite trading lower throughout. The primary beneficiaries were the consumer sectors, with both staples and retailers up 1.2 and 1.4 per cent, while energy and materials fell by 0.9…

The positive run continued with the S&P/ASX200 gaining 0.7 per cent on Monday, the first day of August following a strong finish to July. Investors have clearly been buoyed by suggestions that the RBA will need to pare back rate hikes well before the expected 4 per cent level is reached. The result was a…