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ASX drops 0.7% in second straight loss

Sell off continues despite budget, Qantas tanks on flight delays, CBA delivers  The ASX200 (ASX:XJO) fell 0.7%, the second straight negative session, pushed lower by utilities and energy companies, down 2.2% and 2.0% respectively. The Federal Budget which offers little in the way of future spending or policy direction was broadly in line with expectations, the deficit lower than…
The Inside Investor | 12th May 2021 | More
Battleground: REA Group vs. Domain

REA Group Limited (ASX: REA) and Domain Holdings Australia Ltd (ASX: DHG) absolutely dominate the Aussie property listing space. But how come one is much bigger than the other? Let’s take a look into why it’s a David and Goliath battle. REA share price DHG share price As you can see, both companies have experienced the same trend…
Raymond Jang | 3rd May 2021 | More
ASX 200 hits 7,000 points for the first time in 13 months

ASX breaches 7,000, record highs all around, Westpac hit with ASIC case The ASX200 (ASX:XJO) delivered another positive day, finishing 1.0% higher spurred on by an improving global economic outlook. Market sentiment is overcoming growing issues with the vaccine rollout and risk of mutations, with materials the biggest beneficiary jumping 1.8% behind BHP (ASX:BHP) and Rio Tinto (ASX:RIO) both of which…
The Inside Investor | 8th Apr 2021 | More
    • ASX down on Victorian outbreak

    ASX down on Victorian outbreak, Origin (ASX:ORG) and AGL Energy (ASX:AGL) downgrade, record trade surplus The ASX200 (ASX:XJO) broke its three day run, falling 0.9% due to a combination of weaker global markets and an unexpected outbreak from hotel quarantine in Victoria. Every sector finished lower, but property (-2.4%) utilities (-2.0%) and energy (-1.2%) were among the…
    The Inside Investor | 4th Feb 2021 | More
    ASX shares update; QBEs culture crisis, RBA looking dovish

    August gains lost in a day, QBEs culture crisis, RBA looking dovish, higher open ahead With reporting season complete, markets are once again turning to economic data and vaccine hopes. It wasn’t a great start to Spring, with the ASX 200 (ASX:XJO) falling 1.8% and giving back nearly all the gains achieved in August. The…
    Drew Meredith | 1st Sep 2020 | More