by Warren Head | Jan 22, 2023 | Daily Market Report Australia
The Australian sharemarket again took a more positive course than US sharemarkets on Friday, supported by optimism on a reopening of the Chinese economy. The S&P/ASX 200 index rose by 17 points or 0.2% to 9-month highs. The ASX 200 rose 1.7% over the week to be up...
by Warren Head | Jan 19, 2023 | Daily Market Report Australia
19.1.23 The Australian sharemarket shrugged off a weaker session on Wall Street to finish higher on Thursday, reports CommSec. Data showing a fall in Aussie jobs in December raised hopes that the rate hiking cycle may be nearing a peak. The S&P/ASX 200 index rose...
by Warren Head | Jan 18, 2023 | Daily Market Report Australia, Free
18.1.23 The Australian sharemarket rose modestly on Wednesday The S&P/ASX 200 index rose by just 7 points or 0.1% after trading in a 35-point range over the session, says CommSec. In overseas markets on Friday, key indexes in the US were mixed with the Dow Jones...
by Warren Head | Jan 17, 2023 | Daily Market Report Australia
17.1.23 The Australian sharemarket has fallen for just the second time in 10 days. The S&P/ASX 200 index fell by just 2 points or 0.03%. The ASX 200 is up still up 4.9 per cent in January. In overseas markets on Friday, US financial markets were closed for a...
by Warren Head | Jan 16, 2023 | Daily Market Report Australia
The Australian sharemarket has risen for the eighth time in nine days. The S&P/ASX 200 index rose by 60 points or 0.8 per cent to 8½-month highs, notes Craig James, chief economist at CommSec. The ASX 200 is up 5 per cent in January. In overseas markets on Friday,...
by Warren Head | Jan 13, 2023 | Daily Market Report Australia
13.1.23 The Australian sharemarket has risen for the seventh time in eight sessions. The ASX 200 has now lifted by 4.1% in January, more than offsetting the 3.4% loss recorded in December. The S&P/ASX 200 index rose by 47.7 points or 0.7% to six-week highs. “In...
