The Australian sharemarket reversed earlier gains in the afternoon session as US futures turned lower, signaling potential weakness in the Wall Street rebound. The S&P/ASX 200 Index fluctuated before closing 0.1% higher at 7,865.1, while the All Ordinaries rose 0.2%. Gains in utilities helped offset losses in other sectors.
JTrader Daily: Best set ups for Tuesday 18th March 2025!
AAR, MND, SVL, TPW, USL
The Australian sharemarket started the week on a strong note, buoyed by risk-on sentiment following China’s pledge to boost consumption and a rally on Wall Street. By early afternoon, the S&P/ASX 200 rose 0.6% to 7835.3, with the All Ordinaries up a similar margin. Eight of the 11 sectors advanced, led by energy stocks.
JTrader Daily: Best set ups for Monday 17th March 2025!
ALQ, MPL, SGM, TAH, VNT
The S&P/ASX 200 climbed 0.4% to 7,780.8 on Friday afternoon, breaking a three-day losing streak as major miners drove gains amid rising gold and iron ore prices. The All Ordinaries also rose 0.5%, with seven of 11 sectors finishing higher.
JTrader Daily: Best set ups for Friday 14th March 2025!
ETM, NVX, RXL, SYR, VEA
The Australian sharemarket reversed early gains on Thursday afternoon as investor sentiment weakened amid uncertainty over US President Donald Trump’s tariff policies and their impact on inflation and economic growth.
Helia Group Limited (HLI) is an Australia-based Lenders Mortgage Insurance (LMI) provider. The Company’s LMI proposition protects lenders if a homeowner defaults on a home loan and the lender is unable to recover the outstanding loan amount from the sale of the secured property. Lenders purchase LMI for risk transfer and capital management purposes.
JTrader Daily: Best set ups for Thursday 13th March 2025!
AGL, EGR, MSB, NWS, VUL
The Australian sharemarket pared some losses on Tuesday afternoon but remained down nearly 1% as a sell-off in WiseTech weighed on the broader index, following a sharp decline on Wall Street.
JTrader Daily: Best set ups for Wednesday 12th March 2025!
CPV, KAR, NHC, WHC, WIA
Gorilla Gold Mines Ltd (GG8, formerly Labyrinth Resources Limited) is an Australian gold development company with key projects in Canada and Western Australia. Recent acquisitions include the Vivien Gold Project and a 49% stake in the Comet Vale Project.
