by Warren Head | May 25, 2022 | Daily Market Report Australia
25.5.22 Despite a mixed lead from Wall Street overnight, the Australian sharemarket finished 0.4 per cent or 26 pts higher, to 7155.2. Banks were noteworthy winners and were supported by a lift in US treasury yields and a hike in the New Zealand interest rate. Notes...
by Warren Head | May 24, 2022 | Daily Market Report Australia
24.5.22 Despite reaching a high of 7165 (0.2%), the market succumbed to selling pressures and finished 0.3% or 20 points lower, to 7129. The local Info Tech sector weighed on the index after it posted its first loss in three days. But the Financials sector managed to...
by Warren Head | May 23, 2022 | Daily Market Report Australia
23.5.22 Despite a strong start to trade, which saw the Aussie sharemarket reach highs of 0.7 per cent, the S&P/ASX 200 finished on a flat note, gaining 0.1 per cent or 3 pts, to 7149, says CommSec. The Materials sector did much of the heavy lifting today after the...
by Warren Head | May 20, 2022 | Daily Market Report Australia
20.5.22 The Australian sharemarket has finished the week on a positive note and nearly reversed yesterday’s losses, after lifting by 1.15 per cent or 81pts, to 7146. Gains were seen across the market today after nine of eleven sectors finished in positive territory,...
by Warren Head | May 18, 2022 | Daily Market Report Australia
18.5.22 The Australian sharemarket has extended its gains to a fourth straight day after the S&P/ASX 200 index climbed 1 per cent or 70 pts, to 7183. This followed an encouraging set of economic reading released overnight, which helped push US stocks higher, said...
by Warren Head | May 17, 2022 | Daily Market Report Australia
17.5.22 Despite a mixed lead from Wall St overnight, the Aussie sharemarket lifted by another 0.3% or 20 points, to 7113 today. This is the ASX 200’s third straight win and its best start to the week in a month, noted Divak Nigam at CommSec. “Energy stocks were...
