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ASX records worst session in more than a month

Market down as Brisbane locks down, AGL to split, USD rallies  The ASX200 (ASX:XJO) finished 0.9% lower after the Queensland Government announced a lockdown amid surging virus cases in Brisbane and surrounding areas. The retail sector was hit hard, falling 1.4%, as the likes of Flight Centre (ASX:FLT), -1.8% and Webjet (ASX:WEB), -2.0%, were hit with cancellations of Easter travel plans. The…

The Inside Investor | 30th Mar 2021 | More
With reporting season over, what next?

The February earnings season produced some of the best results in nearly a decade. The tough operating environment brought on by the pandemic is largely over and we are now at the beginning of an earnings recovery. The number of coronavirus cases reported from US nursing homes has fallen by more than 80%. The turnaround…

Ishan Dan | 3rd Mar 2021 | More
Market roundup – shopping centres, oil in favour

What drove markets in November? Markets delivered an early Christmas surprise with November’s market performance delivering one of the best months of the entire year. The ASX 200 Index posted a whopping +9.96% gain while the Small Ords rallied +10.20%. In the US, it was a similar story with the S&P 500 Index posting its…

Ishan Dan | 8th Dec 2020 | More
  • ASX shares to open mixed, here are the stocks to watch Wednesday

    The ASX 200 (ASX: XJO) experienced its best day in over seven weeks on Tuesday, rising by nearly 3% to end at 5,780 points. The Australian share market has now regained 31.2% from its March lows.

    Drew Meredith | 27th May 2020 | More