Latest Finance News



Caution sends share market lower

The share market has fallen ahead of a speech by US Federal Reserve chair Janet Yellen that could provide clues on the timing of a hike in US interest rates. Trading volumes were low ahead of the s..

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Stocks fall under miner pressure

Resource heavyweights, including Rio Tinto and BHP Billiton weighed on the Australian share market on Thursday amid another wave of mixed company earnings results. The benchmark S&P ASX/200 ind..

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Resources, banks weigh on Aust market

The Australian share market has closed lower amid mixed company earnings reports and a firmer expectation that the US central bank will lift interest rates this year. US Federal Reserve vice-chairm..

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Banks and AMP drag market lower

The share market has fallen as the financial sector languished in the red and a mixed bag of earnings reports failed to inspire investors. All four big banks lost ground, with Commonwealth the wors..

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Australian stocks end lower

The Australian share market has closed lower, hurt by falls in financial and resource giants, including the Commonwealth Bank, Westpac and Rio Tinto. The benchmark S&P ASX200 index fell 0.16 pe..

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Big banks push Aust market higher

The Australian share market has closed slightly higher, with the big banks holding up the bourse in light trading following a weak lead from US markets "The banks are on the number one podium step,..

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Higher oil price drives market gains

The share market ended the week with a second straight gain after a rally in prices for oil and iron ore boosted energy and mining stocks. "It seems like the share market here is tied very much to ..

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Market takes breather after strong run

The share market has ended the week with a slight fall as investors took profits from a run of 10 positive sessions out of 11. "I think the market has run into a healthy bout of profit taking today..

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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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