Author name: Jonathan Tacadena

Jonathan, with over 22 years of experience as an investment advisor, began in Futures in 2001, transitioned to Foreign Exchange, and has focused on Equities for over 15 years. He specializes in using derivatives like options to safeguard share portfolios and create additional income.

Closing Bell

Closing Bell 15th October: Hub 24 rallies after highest quarterly inflows. XJO sets new record highs

A rally in mining stocks and banks helped the Australian sharemarket hit a new record high on Tuesday. The benchmark S&P/ASX 200 Index rose 0.9% to 8331.7 points in the afternoon, surpassing its previous peak of 8285.7 points set last month. Investor sentiment was boosted by a strong session on Wall Street, where the S&P 500 hit another record, driven by a surge in tech stocks, particularly chipmakers.

Closing Bell

Closing Bell 10th October: Arcadium Lithium surges after RIO takeover. ASX rises, nears record levels

Australian shares were set to close at a new record high, following gains on Wall Street, with miners and energy stocks leading the rise amid expectations of further policy easing in the U.S. and China.

The S&P/ASX 200 climbed 0.4% or 28.8 points to 8216.2, approaching its September 30 peak of 8269.8. Iron ore prices rose 1.5% in Singapore, lifting materials stocks, while anticipation of fresh Chinese stimulus supported sentiment.

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Closing Bell

Closing Bell 16th August: Domain jumps on earnings results. ASX rally continues

The Australian sharemarket extended its gains for the sixth consecutive session, driven by broad-based optimism as investors increased their bets on potential interest rate cuts by central banks later this year. Wall Street’s overnight rally, spurred by stronger-than-expected US retail sales data, added to the positive sentiment. The S&P/ASX 200 climbed 1.3% to 7966 points, with the materials sector rebounding 2.1%.

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