Latest Finance News



Aust shares swept up in Brexit blues

The Australian share market has closed lower as the UK's vote to leave the European Union continues to rock global stock markets. Local shares recovered some ground in afternoon trade after an earl..

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Aust share market tumbles on Brexit

The Australian share market has dropped more than three per cent, wiping out $56 billion in value, as worried investors considered the economic fallout after Britain voted to leave the European Union...

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Shares steady ahead of Brexit vote

The share market lost steam to close steady as gains by Rio Tinto and some banks were offset by weaker retailers. Trading volume was relatively light ahead of Britain's vote on its European Union m..

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Easing of Brexit fears boost market

Gains by the major banks, energy stocks and big miners have helped push the Australian share market well over one per cent higher as the oil price lifted and investors considered an improved likelihoo..

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Modest fall for share market

The share market has closed slightly lower as higher prices for iron ore and oil boosted most major mining and energy stocks, but the banks went backwards. CMC chief market analyst Ric Spooner said..

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Shares steady as miners lose ground

The share market has ended the day steady as strength in the energy sector was offset by weakness among the major miners and big four banks. The major indices spent most of the session in the red d..

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Shares higher amid rate uncertainty

The Australian share market has given up earlier gains to close slightly higher after the central bank left the cash rate unchanged. CMC Markets chief market analyst Ric Spooner said the share mark..

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Shares end rough week with a gain

The share market has clawed back some of its recent losses to end its worst week in two months on a positive note. After three straight days of falls, the main indices rose by about 0.7 per cent on..

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Miners, banks drag stocks lower

The mining giants and major banks have dragged the share market to its third consecutive day of falls. CMC Markets chief market analyst Ric Spooner said the market's good run in April had run out o..

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Rate cut doubts weigh on shares

The share market has fallen after surprisingly strong economic growth figures cast doubts on the prospects of another interest rate cut. Shares were already under pressure following falls on Wall S..

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