Closing Bell

Closing Bell

Closing Bell 23rd April: ASX rallies as markets hopeful on tariff relief

Australian equities rallied on Wednesday, tracking a strong rebound on Wall Street after US President Donald Trump signaled a potential rollback of tariffs on China from the current 145 per cent. The S&P/ASX 200 jumped 1.3% to 7920.9 by 2pm, while the All Ordinaries gained 1.4%. Energy led gains across all 11 sectors, as iron ore and crude prices climbed on easing trade tensions.

Closing Bell

Closing Bell 11th April: ASX falls to end week. Gold miners rise as Gold rallies to record highs

The Australian sharemarket fell sharply on Friday, extending its weekly losses amid renewed global risk aversion following a third US tariff hike on Chinese imports this week. The S&P/ASX 200 dropped 1.3% or 97.8 points to 7611.8 by 2:15pm, erasing much of Thursday’s five-year record rally. The benchmark is down 0.8% for the week and 4% since the start of April. The All Ordinaries lost 1.2%, with 10 of 11 sectors in negative territory, led by energy.

Closing Bell

Closing Bell 9th April: ASX resumes falls as tariff fears swell

The Australian sharemarket extended its sell-off on Wednesday, with the S&P/ASX 200 Index falling 146.6 points, or 2%, to 7363.4 by 2:30pm AEST. The decline follows renewed global trade tensions after the White House raised tariffs on Chinese imports to 104%, triggering fears of a broader economic slowdown. All 11 ASX sectors traded lower, with heavy losses in energy and mining stocks amid falling commodity prices.

Closing Bell

Closing Bell 4th April: ASX falls over 2%, enters correction territory

The ASX 200 is on track for its worst weekly decline since September 2022, plunging 3.5% as global markets reacted sharply to sweeping US tariff hikes that have heightened fears of a global recession. On Friday, the index fell 2.2% or 172.5 points to 7687.2, with ten of eleven sectors in the red. Energy stocks led losses, slumping over 7%, after OPEC+ unexpectedly announced plans to significantly increase oil supply in May, sending Brent crude below $US70 a barrel.

Scroll to Top