by Warren Head | Jun 16, 2022 | Daily Market Report Australia
16.6.22 The Aussie sharemarket wiped out gains of around 1.1 per cent and finished near session lows, after the ASX 200 shed 0.15 per cent or 9.9 pts to 6591.1. CommSec commented “The strong start shadowed the performance of US markets, which surged after the US...
by Warren Head | Jun 15, 2022 | Daily Market Report Australia
15.6.22 The Aussie sharemarket fell for the fourth straight day after the ASX 200 shed 1.3 per cent or 85pts, to 6601. The market remained cautious ahead of the US Federal Reserve’s decision on US interest rates tomorrow morning (4am AEST), noted CommSec. All 11...
by Warren Head | Jun 14, 2022 | Daily Market Report Australia
14.6.22 The Aussie sharemarket was on track to have its worst day since May 2020 earlier today, but bounced back from its lows this afternoon, says CommSec. The ASX 200 still slumped by 3.55 per cent or 246pts to 6686, dragging the index to a 16-month low in the...
by Warren Head | Jun 9, 2022 | Daily Market Report Australia
9.6.22 The Aussie sharemarket kicked off the session on a weak note and finished near session lows, after the ASX 200 finished 1.4 per cent lower, or 101.4pts, to 7019.7, notes CommSec. Today’s losses come after the Financials sector recorded its fourth straight loss,...
by Warren Head | Jun 8, 2022 | Daily Market Report Australia
8.6.22 The Aussie sharemarket kicked off a strong note, but withdrew some of its gains after the ASX 200 finished 0.36% higher, or 25.4 pts, to 7121.1. Financial stocks weighed on the index heavily after the Reserve Bank of Australia (RBA) announced its largest rate...
by Warren Head | Jun 7, 2022 | Daily Market Report Australia
7.6.22 The Aussie sharemarket started on a weak note and deepened its losses after the ASX 200 shed 1.5 per cent or 111 pts, to 7095.7. A healthy portion of today’s decline came after the Reserve Bank of Australia (RBA) increased the official cash rate by a larger...
