Closing Bell 6th September: Australia’s GDP Surges Beating Forecasts
Australian shares declined amid strong GDP growth. Energy stocks benefited from high oil prices, while coal miners gained from NSW royalty hikes.
Closing Bell 5th September: RBA Holds Steady, CEO Alan Joyce’s Early Exit Shakes Up the Airline Industry
Australian stocks dip, led by energy and materials. RBA holds rates, China’s service sector slows, and Qantas rises with CEO Joyce’s early departure. Market remains volatile.
Closing Bell 4th September – Materials and Energy keep index afloat
The ASX closed higher in low volume trade with focus turning to a Reserve Bank of Australia meeting on Tuesday and a US holiday tonight
Weekend Edition: 1st September 2023
Amidst global market fluctuations, the ASX showcased resilience with standout performances from Cochlear and CSL, while economic data hinted at Australia’s evolving financial landscape.
Closing Bell 1st September: Albanese’s Green Dilemma and FMG’s Leadership Changes
Amid Albanese’s coal mine approvals, Fortescue faces leadership shifts with Debelle’s exit, highlighting a day of significant economic and environmental decisions in Australia.
Closing Bell 31th August: Harvey Norman Bucks the Trend with a Share Boost Amidst Profit Slump
ASX rises with July’s cooling inflation, US Treasury yields dip due to job metrics, while Bitcoin surges after a favorable US court ETF ruling.
Closing Bell 30th August: ASX Rises Amidst July’s Cooling Inflation, Australian Dollar Takes a Dip
ASX rises with July’s cooling inflation, US Treasury yields dip due to job metrics, while Bitcoin surges after a favorable US court ETF ruling.
Closing Bell 29th August: Barley Back in Business, Australia Resumes Exports to China Post-Tariff Era
China’s stock rebound from reduced stamp duty was short-lived due to real estate concerns. European gas prices surged after Chevron’s strike announcement, while Australia resumes barley exports to China after tariff removal.
Closing Bell 28th August: China’s Stock Surge, Evergrande’s Plunge, and Australian Retail Sales Beat
Today’s economic landscape is marked by China’s stock market revival, Evergrande’s dramatic fall, and an unexpected rise in Australian retail sales, signaling dynamic global shifts.
Closing Bell 25th August: Mixed Fortunes on ASX Wesfarmers Rises, Tech and Mining Giants Stumble
ASX dipped 1.2% following Wall Street, with tech stocks hardest hit. Wesfarmers thrived, Pilbara Minerals dropped, and major banks and miners faced declines.
Weekend Edition: 25th August 2023
Amidst global market fluctuations, the ASX showcased resilience with standout performances from Cochlear and CSL, while economic data hinted at Australia’s evolving financial landscape.
AU Earning Calendar: 28th August – 1st September
Anticipating next week’s ASX company earnings release. Key insights, market reactions, and expert analysis. Stay informed on the latest financial updates and trends.