Aust stocks gain after softer jobs report
The local share market has advanced after weaker-than-expected December labour market figures raised expectations of a rate hike pause by the Reserve Bank.
The local share market has advanced after weaker-than-expected December labour market figures raised expectations of a rate hike pause by the Reserve Bank.
The Australian share market has posted its best weekly performance since early November, rising on Friday after further signs inflation has peaked in the US.
The ASX200 index lost 5.45 per cent this year, although Australian investors can perhaps take heart that overseas losses were far worse.
The local bourse was up 0.5 per cent at midday, boosted in part by the banking sector after a robust trading update from Bendigo and Adelaide.
The local share market was up 0.2 per cent at midday, but three days of losses mean it is on track to close the week down 1.5 per cent.
The local share market has finished Friday 0.5 per cent higher, but three midweek days of losses made this its worst week since late October.
The local share market has climbed higher in afternoon trading after a listless morning, on hopes that China might relax its zero-COVID lockdowns.
The local share market has finished down 0.4 per cent, with commodity producers falling as rare protests erupted in China over harsh COVID-19 lockdowns.
The local share market finished Friday up 0.24 per cent, to again close at its best level since May 30 after four straight days of gains.
The local share market was down 0.4 per cent at midday, as commodity prices dipped as rare protests erupted in China over harsh COVID-19 lockdowns there.
The local share market has had its sixth consecutive day of subdued trading, with losses by the big miners balanced by gains for the big banks.
The ASX has enjoyed its second-best day of gains since 2020, rising 2.7 per cent, after consumer price figures suggested US inflation has finally peaked.
The big banks and lithium miners helped the ASX200 jump another 0.36 per cent on Tuesday, despite sharp losses by the energy sector and James Hardie Industries.
The big banks and lithium miners were leading the market at midday, helping the ASX shrug off a plunge by building products company James Hardie.
The local share market has climbed in afternoon trading to finish Friday up 0.5 per cent, with energy and mining sectors particularly strong.
The local share market was treading water at midday, but was still set to close the week around one per cent higher after strong gains earlier this week.
The local share market is struggling to stay in positive territory after third-quarter inflation came in higher than expected.
The local share market rose 1.54 per cent on talk the US might finally ease its rate tightening campaign later this year.
The local share market has finished down 0.8 per cent for the day and 1.2 per cent for the week, its seventh losing week out of the past nine.
Australian shares have finished up 1.75 per cent after a whipsaw session on Wall Street, which staged one of the biggest one-day reversals in its history.
The local share market has spent the day treading water, finishing little changed from where it began with gains for the banking sector and losses for miners.
The local share market has finished 3.75 per cent higher, its best single-day performance in more than two years.
The Australian share market has endured another major sell-off, with the energy and mining sectors suffering steep losses.
The Australian share market has endured another major sell-off, with the energy and mining sectors suffering steep losses.
Nearly every sector of the local share market has lost ground as the ASX dropped another 1.56 per cent to its lowest level since July 19.
The local share market has closed modestly higher despite weakness in the financial sector and losses by the big three iron ore giants
The Australian share market is once again little changed at midday ahead of a US Federal Reserve meeting and key Australian inflation data.
The local bourse has finished flat ahead of Australian inflation data and a pending hike in interest rates by the US Federal Reserve.
The local share market has gained 1.65 per cent to close at a three-week high, as several US companies beating earnings expectations lifted global sentiment.
Australian shares have risen 0.4 per cent, with gains by iron ore miners, and coalminers outweighing losses for the big banks and property trusts.
Australian shares have risen 0.3 per cent, with gains by energy and mining companies and losses for property trusts.