by Warren Head | Apr 24, 2023 | Daily Market Report Australia
Trading was quiet on the Australian market today as investors decamped for a 4-day Anzac Day weekend. The ASX All Ords slipped 9.80 points to 7512.20, with miners lower because of plunging iron ore prices. Unlike Kiwi Investors (who absorbed NZ’s slightly lower CPII...
by Warren Head | Apr 17, 2023 | Daily Market Report Australia
The AS All Ordinaries progressed to 7578 today, a gain of 17.7 points in relatively quiet trading. The ASX had a mixed session on which the best performer on Monday was Lake Resources. The mining group reported promising results from a lithium processing pilot plant...
by Warren Head | Apr 13, 2023 | Daily Market Report Australia
13.4.23 In Australia the ASX All Ordinaries index lost 18.20 at 7520.76 on confirmation of ultra-low jobs data, driving expectation of higher official interest rate increases. BHP Group gained the overwhelming support Oz Minerals' shareholders for the A$9.6 billion...
by Warren Head | Apr 11, 2023 | Daily Market Report Australia
A rider from Milkrun 11.4.23 The Australian sharemarket opened decisively and went on to close out its best day in 20, the ASX All Ords index up 92.90 points to 7,504.20. Newcrest Energy was one of the top performers, after US mining giant Newmont revised their...
by Warren Head | Mar 21, 2023 | Daily Market Report Australia
The Australian sharemarket finished today’s session higher as spirits were buoyed by an overnight rebound on Wall St and news that the Reserve Bank of Australia will consider a pause in interest rate increases at its April meeting. The S&P/ASX 200 lifted 0.8 per...
by Warren Head | Feb 27, 2023 | Daily Market Report Australia
The Australian market has got off to a poor start to the week, with the ASX 200 index down 1.1% at 7,225 points, while the broader All Ordinaries closed at 7,419.60, a loss of 1.2%. Not one sector escaped with 163 of the top 200 companies in the red. Mining led the...
