asx shares

Lockdown 3.0, ASX finishes 0.5% lower, Baby Bunting (ASX:BBN) riding COVID-19 boom The ASX200 (ASX:XJO) finished 0.6% lower on Friday, dragging the market to 0.5% for the week. The news of the day was the snap five-day lockdown in Victoria, which naturally sent the industrials sector to significant losses, Qantas (ASX:QAN) fell 4.8% and Webjet (ASX:WEB) 3.9%. Over the week, it…

Market falls flat, Telstra (ASX:TLS) affirms dividend, AMP (ASX:AMP) offer pulled The ASX200 (ASX:XJO) fell 0.1% on Thursday as reporting stepped up another level. The IT sector fell 2.1% giving up recent gains, whilst Woolworths (ASX:WOW) fell 0.9% sending the consumer staples sector lower as the rotation into more cyclical sectors continued. AMP (ASX:AMP) was a major detractor, falling 11.0%,…

ASX higher, Commonwealth Bank (ASX:CBA) dividend boost, Lend Lease (ASX:LLC) CEO leaves, Crown Ltd (ASX:CWN) has an uncertain future The ASX200 (ASX:XJO) finished 0.5% higher, with every sector but consumer discretionary adding to returns. IT was once again the standout with both Afterpay Ltd (ASX:APT) and Zip Co (ASX:Z1P) hitting all-time highs as BNPL valuations took another leap forward. Whilst reported…

Earnings season begins, Challenger (ASX:CGF) reverses recent gains, Crown Ltd (ASX:CWN) locked out The ASX200 fell 0.9% as reality sets in after what had been an incredibly strong few weeks. Every sector finished lower lead by yield plays in property and utilities, off 2.1% and 1.4% respectively. All eyes will be on Crown Ltd (ASX:CWN) once it recommences trading after…

All Ords hit pre-pandemic high, ASX200 up 0.6%, Vocus (ASX:VOC) in play again The ASX200 (ASX:XJO) finished the week the same way it finished, adding 0.6% on Monday supported by a broad-based rally covering most sectors. Materials and discretionary retailers were the biggest beneficiaries of the risk-on mood, with BHP (ASX:BHP) and Wesfarmers Ltd (ASX:WES) finishing 2.4% and 1.0% higher respectively….

ASX heads higher, UK regulator reviews BNPL sector, Jeff Bezos standing down as Amazon (NYSE:AMZN) CEO The ASX200 (ASX:XJO) delivered a third straight day of gains, finishing 0.9% higher, with the rally broad-based but driven mainly by the banking and property sector which were 1.5% and 2.6% higher respectively. The oil price also hit a 12-month high…

ASX rallies on the back of QE pump priming, healthcare falls, Tabcorp (ASX:TAH) confirms bid The ASX200 (ASX:XJO) continued its strong start to the week, finishing 1.5% higher after news that the Reserve Bank of Australia would be keeping rates on hold. Every sector barring healthcare finished higher, with IT once again leading the way with low rates used…

Swings and roundabouts, ASX to open lower, Kogan (ASX:KGN) smashed to finish the week The ASX200 (ASX:XJO) finished January 0.3% higher, the third straight positive month, despite swinging from a 1.2% gain to a 0.6% loss on Friday. Over the week it was the materials and energy sectors, down 7.0% and 10.6% respectively, which placed the greatest…

Markets go risk off for a day, trading mayhem continues, Fortescue Metals (ASX:FMG) record production The ASX200 (ASX:XJO) dropped at the open after a negative lead from the US, ultimately finishing down 1.9% for the day; the worst in several months. 90% of companies fell, with Unibail-Rodamco-Westfield (ASX:URW) a rare outperforming jumping 14.5%. The growth favourites were among the…

ASX200 0.4% higher, quiet day of news, Fortescue (ASX:FMG), Zip Co (ASX:Z1P) among the strongest The ASX200 (ASX:XJO) finished 0.4% higher on very light volume with most participants clearly opting for a long weekend. The consumer and IT sectors continued to outperform behind the likes of Zip Co (ASX:Z1P) and Kogan (ASX:KGN), which finished 2.6% and 3.8% higher respectively. Despite the…