asx today

ASX flat despite iron ore falls, IRESS deal pulled, AMP’s new low The S&P/ASX200 fell 0.8% on Friday erasing the week’s gains and ultimately leaving the index down three points for the week. After being the hottest sector for most of the year, the materials and mining companies continue to drag the market lower. On Friday it was all about iron ore with…

ASX falls, AGL hits record low, IRESS deal slowed, Pilbara hits record The S&P/ASX200 (ASX: XJO) dropped another 0.3% on Wednesday as the rally in the energy sector reverse, dropping 2.2%. The key driver was an announcement that OPEC+ expects the oil market to balance earlier than expected. Every major company fell with Santos (ASX: STO) and BHP (ASX: BHP) both falling 3.5%….

ASX finishes higher, miners continue to run, Sydney Airport deal increased The ASX200 (ASX: XJO) overcame another negative lead to finish 0.3% higher with both energy and materials central to the positive result. The energy sector was 1.2% higher as the likes of Woodside Petroleum (ASX: WPL) and Santos (ASX: STO) gained on the back of approximately 1 million barrels of supply being…

Buyers emerge, base commodities rally, blue chips weaken Dip buyers emerged on Friday after the week’s significant sell off with the S&P/ASX200 (ASX: XJO) finishing 0.5% higher. Almost every sector was higher barring healthcare which fell 0.7% after outperforming on Thursday, but by far the highlight was another rally in base commodity companies. Everything from aluminium to…

ASX shocker, flight to quality, smaller companies sold off The ASX200 (ASX: XJO) suffered its worst day in months falling 1.9% with 95% of the largest 200 companies share price’s dropping. Every sector was lower and significantly so, with the major selling pressure hitting the popular smaller companies, technology, and consumer sectors. The tech sector fell 3.2% on the back…

ASX weaker, Macquarie stands out, gas merger to go green The ASX200 (ASX: XJO) fell 0.2% on Wednesday continuing the negative week with materials continuing to push the market lower, down 1%. Real estate was also hit with the likes of Goodman Group (ASX: GMG) down 2.1% on higher bond rates. The highlight was the financial sector which finished 10.6% higher as Macquarie (ASX:…

Reporting season sends ASX lower, Appen, A2M tank, Woolworth’s surprise buyback The ASX200 (ASX: XJO) pushed lower on Thursday as the reporting season losers outweighed the winners. All eyes were on the consumer sectors with staples falling 0.8% and discretionary adding 0.3% as Woolworth’s (ASX: WOW) delivered a strong result. Two midcaps popular with brokers and DIY investors alike…

Tech powers record week, iron ore price tumbles, records everywhere The ASX 200 (ASX: XJO) overcame another 8% fall in the iron ore price to deliver a 0.4% gain on Friday, ultimately taking the weekly increase to 2%. Afterpay Ltd (ASX: APT) capped off an incredible week with another 5.5% gain, but it was all about News Corporation (ASX: NWS) which jumped…

Another record, another lockdown, Nick Scali, Pinnacle dominates The ASX 200 (ASX: XJO) managed to eke out another consecutive record finish, despite adding just 8 points and finishing 0.1% higher. It continues a positive start to the month, driven by seven of the eleven key sectors finishing higher. This comes despite Victoria entering its sixth lockdown, another seven day…

ASX hits 7,500, Wesfarmers’ record high, mining continues to bounce The ASX 200 (ASX: XJO) continued its strong recent run with the mining sector once again taking the mantle back from technology, jumping 1.2% behind another record from BHP Group Ltd (ASX: BHP) which jumped 2.1%. This marks another record high with the benchmark closing above 7,500 points for…