asx:bhp

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)…

Markets turn red, EML Payments dumped, China flags iron ore pressure The ASX200 (ASX:XJO) dropped the most in three months, finishing down 1.9% as a multitude of pressures hit the market. The materials and energy sectors both fell by around 3.0%, the former sold off after Chinese representatives flagged their intention to reduce the country’s reliance on…

ASX falls late, AGL (ASX:AGL) seeking battery approval, coal prices boosted by floods The ASX200 (ASX:XJO) fell into the close ending 0.1% lower, with the materials sector the biggest detractor falling 1.5%. The selling pressure came after one of the key Chinese smelting cities announced curbs on steelmaking operations as they seek to address environmental concerns. This sent…

Swings and roundabouts, ASX to open lower, Kogan (ASX:KGN) smashed to finish the week The ASX200 (ASX:XJO) finished January 0.3% higher, the third straight positive month, despite swinging from a 1.2% gain to a 0.6% loss on Friday. Over the week it was the materials and energy sectors, down 7.0% and 10.6% respectively, which placed the greatest…

ASX falls 0.8%, retail in the spotlight, China’s economic miracle, QBE gets slammed The ASX200 (ASX:XJO) started the week on a negative footing, falling 0.8%. The discretionary retail (0.2%) and IT (0.5%) sectors were the only highlights but weren’t sufficient to offset a fall in the materials sector (-1.9%). It was the normal culprits pushing the market…

Victorian lockdowns extended, markets remain calm, Labor Day holiday in the US, ASX to open higher The market responded positively to news that the majority of Victorians will remain under stringent lockdown measures well into November; the ASX 200 (ASX:XJO) finishing 0.3% higher. Transurban Group (ASX:TCL) was among the hardest hit from the announcement, with…

It’s back: US markets down over 4%, dividends the story of the day, a deal with the devil The ASX 200 (ASX:XJO) finished another 0.8% higher, with everything but the IT, materials and utilities sectors adding to the rally. As reporting season comes to an end, dividend payments are driving daily movements with BHP Group…

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.