The ASX advanced on Wednesday, driven by a risk-on rally in banks and miners. The S&P/ASX 200 rose 0.9% (68.8 points) to 8011.3 by 2pm, breaking above 8000 for the first time in two weeks. The All Ordinaries climbed 0.8%, with eight of 11 sectors in positive territory, led by financials.
The Australian sharemarket advanced on Tuesday afternoon, following a strong rally on Wall Street. By mid afternoon, the S&P/ASX 200 was up 0.6% or 48.9 points to 7985.8, marking a fourth consecutive day of gains. Technology led eight of 11 sectors higher.
The ASX traded sideways on Monday afternoon, with the S&P/ASX 200 Index briefly rising before dipping 3.3 points, or 0.04%, to 7927.9 mid afternoon. The All Ordinaries fell 7 points, with only three of the index’s 11 sectors in positive territory.
The Australian sharemarket is poised to record its strongest weekly gain of the year, with supermarket stocks lifting the ASX on Friday despite persistent global economic uncertainty.
By mid afternoon, the S&P/ASX 200 rose 0.5% or 36.9 points to 7955.8, with the All Ordinaries up 0.4%. Gains across seven of 11 sectors helped the market move higher.
The Australian sharemarket was poised for its strongest session in six weeks, driven by gains in banks, technology, and consumer stocks following a Wall Street rally. The S&P/ASX 200 climbed 1.2% to 7920.7, with the All Ordinaries also up 1.2%.
The ASX retreated on Wednesday, snapping a three-day rally as risk-off sentiment returned to global markets. The S&P/ASX 200 declined 0.2% to 7,846.6 points, mirroring Wall Street’s tech-led sell-off. The All Ordinaries also fell 0.2%, despite eight of eleven sectors trading higher.
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.
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.
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.
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.
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.
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.
