Market Review Australian shares narrowly missed closing at a record high on Friday as traders awaited key US jobs data, which could provide clarity on the potential for further interest rate cuts by the Federal Reserve.$S&P/ASX 200 (.XJO.AU)$closed 9.3 points, or 0.11%, lower at 8,511.40 points in a volatile session. The index slipped 0.24% over the week, fallin...
With strong U.S. employment and economic data boosting the US dollar, and rising rate cut expectations for the RBA, the AUD/USD has been on a persistent downtrend since October, 2024. That decline deepened following the macroeconomic data released by both the U.S. and Australia last week. Last Friday, U.S. non-farm payrolls for December came in at a robust 256,000, well above market expectations, while the unemployment r...
Even though the Aussie copper producers got hit with some price target and earnings forecast cuts, Macquarie's got a silver lining in the clouds ☁️. They're saying this recent dip in stock prices is like a gift-wrapped sale sign 🎁 for smart buyers like us! Why? Because the big guys in the game are eyeing this pullback as a prime opportunity to stock up 🛍️. "No brakes on the copper M&A train 🚀, folks! The majors are still trading, and those acquisition premiums are pointing straight to long-term ...
Sandfire Resources Ltd Stock Forum
Top losers: $Yancoal Australia Ltd (YAL.AU)$, $New Hope Corp Ltd (NHC.AU)$ and $Whitehaven Coal Ltd (WHC.AU)$
Market summary
The $S&P/ASX 200 (.XJO.AU)$ declined by 0.5%, or 37.1 points, closing at 7749.1 on Thursday. Australia's sharemarket hit a seven-month low a...
Top losers: $Woodside Energy Group Ltd (WDS.AU)$, $AGL Energy Ltd (AGL.AU)$ and $Meridian Energy Ltd (MEZ.AU)$
Market summary
The $S&P/ASX 200 (.XJO.AU)$ declined by 0.6%, or 46.4 points, closing at 8094.70 on Thursday. The energy sector was a significant driver of the decline, pu...
Australian shares narrowly missed closing at a record high on Friday as traders awaited key US jobs data, which could provide clarity on the potential for further interest rate cuts by the Federal Reserve. $S&P/ASX 200 (.XJO.AU)$ closed 9.3 points, or 0.11%, lower at 8,511.40 points in a volatile session. The index slipped 0.24% over the week, fallin...
That decline deepened following the macroeconomic data released by both the U.S. and Australia last week. Last Friday, U.S. non-farm payrolls for December came in at a robust 256,000, well above market expectations, while the unemployment r...
Top losers: $GQG Partners Inc (GQG.AU)$, $Lovisa Holdings Ltd (LOV.AU)$ and $Downer EDI Ltd (DOW.AU)$
The $S&P/ASX 200 (.XJO.AU)$ slipped 0.42% to 8,294.10 on Friday, ending its five-day winning streak. Despite the late stumble, the index still posted a 0.5% weekly gain.
Traders grew cautious as they awaited key US employment...
"No brakes on the copper M&A train 🚀, folks! The majors are still trading, and those acquisition premiums are pointing straight to long-term ...
• Top losers: $Deterra Royalties Ltd (DRR.AU)$, $Orora Ltd (ORA.AU)$, $Liontown Resources Ltd (LTR.AU)$
Market Performance
Australia's $S&P/ASX 200 (.XJO.AU)$ closed 0.3% lower at 7724.3, completing its worst week in nearly two months due to the continued weakness in commodity stocks. The benchmark index saw a 1.7% weekly fall as iron-ore,...
• Top losers: $Liontown Resources Ltd (LTR.AU)$, $Sandfire Resources Ltd (SFR.AU)$, $Life360 Inc (360.AU)$
Market Performance
The $S&P/ASX 200 (.XJO.AU)$ closed 0.4% higher on Wednesday, as strength in bank and consumer stocks helped to offset further weakness in commodity prices. The benchmark index recovered from a lower open and added...
• Top losers: $Genesis Minerals Ltd (GMD.AU)$, $Liontown Resources Ltd (LTR.AU)$, $Sandfire Resources Ltd (SFR.AU)$
Market Performance
Australia's $S&P/ASX 200 (.XJO.AU)$ closed 0.5% lower at 7628.2, slipping to a third straight decline amid weakness in shares of large banks and miners. The benchmark index, whi...
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