ASX roars to fresh 11-month high

Buy-now-pay-later company Zip Co and the fashion retailer behind Katies were big winners as the ASX hit an 11-month high. The Australian sharemarket roared to a fresh 11-month high on the back of employment figures labelled “spectacular” and “stunning” by economists, a swath of impressive...

ASX surges to 11-month high

The ASX keeps surging, reaching an 11-month high, while last year’s roaring success story Afterpay has hit a fresh record. The Australian sharemarket closed at an 11-month high on Wednesday, with the company that was last year’s roaring success story climbing to a new price...

ASX flat as Afterpay hits record

The ASX finished flat after two straight days of gains as shares in buy now pay later market darling Afterpay climbed to a fresh record. The Australian sharemarket finished flat after two straight days of gains, with buy-now-pay-later market darling Afterpay among the winners along...

Healthcare stocks among ASX winners

Tech and healthcare stocks bounced back impressively after being the worst performers this week, while banks also helped drive the ASX higher. The Australian sharemarket gained ground for the second straight day, with healthcare, technology and bank stocks among the winners. The S&P/ASX200 finished 0.43...

ASX rebounds from midday fall

The Australian share market has finished the day slightly up after a shaky trading day which was fuelled by stimulus prospects in the US. Australia’s share market endured a choppy session on Wednesday but finished the day in positive territory despite speculation over further US...

Tech, miners, healthcare weigh on ASX

Tech, mining and healthcare stocks dragged the Australian sharemarket lower but it would have been worse without gains by the big banks. The Australian sharemarket finished lower, driven by losses among tech, mining and healthcare stocks. The S&P/ASX200 was 0.27 per cent weaker at 6679.1...

Tech, gold stocks drag ASX lower

The Australian sharemarket started the week dragged lower by tech and gold stocks, but higher oil prices boosted the energy sector. The Australian sharemarket started the week in the red, with tech stocks and gold miners among the losers, but energy producers were buoyed by...

ASX overlooks US turmoil

Financial markets have overlooked the turmoil unfolding in the US, finishing the first week of the New Year in positive territory. Local stocks ended Friday’s trading day in positive territory following gains in US markets which are being spurred on by investors welcoming the prospect...

Shares soar in democratic blue wave win

The Australian sharemarket has ended the day stronger, riding the Democratic win in the Georgia election runoffs. Australian shares made strong gains on Thursday, riding the blue wave felt on Wall Street following wins by Democrats in the Senate election runoffs in the US state...

ASX recovers from earlier woes

The local sharemarket has recovered from an early sell-off sparked by Senate election jitters in the US. Australian stocks made a late market recovery on Tuesday, ending broadly flat after shaking off the volatility sparked by US election runoffs and a new coronavirus lockdown in...