AU Morning Wrap: ASX Stocks Rise; Miners Benefit from Strong Commodity Prices
ASX stocks rise; miners benefit from strong commodity prices. Stocks to watch: Peter Warren, Pro Medicus, Playside Studios.
AU Evening Wrap: Australia Shares Slip Less Than 0.1%
Australia shares slip less than 0.1% lower at 7848.1, giving back early gains after hawkish interest-rate comments from neighboring New Zealand's central bank.
Market Mover | Eagers Automotive shares slide 13% on profit warning
On Wednesday, shares of Australia's largest car dealership group Eagers Automotive Ltd(APE.AU) plunged by 13.54%, following its warning that profits for 2024H1 are anticipated to be 15 per cent lower compared to the previous year.
GUD shares jump 9% on announcement of FY24 EBITA forecast being on track
AU Morning Wrap: ASX Drops; Energy Stocks Surge
Stocks to watch: Westgold, Mighty Craft, WiseTech.
AU Morning Wrap: Australia Shares Lift; Gold Reaches Record High
Stocks to watch: Washington H Soul Pattinson, Brickworks, Sigma Healthcare, Electro Optic Systems.
AU Morning Wrap: ASX Shares Drop; Energy Producers Rise
Stocks to watch: Iress, EML Payments, Pilbara.
AU Morning Wrap: Banks Drag ASX Down; Iron Ore Miners Rebound
Stocks to watch: Myer, Appen.
AU Morning Wrap: ASX Reaches New Peak, Surpasses 7800 Points
Stocks to watch: Virgin Money
AU Evening Wrap: Australia Shares Edge 0.1% Lower on Commodity Weakness
Iron-ore miners Fortescue, BHP, and Rio Tinto shed between 0.7% and 2.2%.
Australia's Q4 Inflation Rate Eases to 0.6%, Falling Below Expectations
The CPI slowed to 0.6% in the December quarter, down from 1.2% in the previous quarter. Market consensus was 0.8%.
Australian Retail Sales Missed Expectations, Dropping by 2.7% in December
In December, retail sales experienced a 2.7 percent decrease from October, a steeper decline than the anticipated 1.9 percent, indicating a reduction in consumer spending leading up to the holiday season.
Australian Inflation Slows in November to 4.3%, Below Forecast
The headline consumer price index increased by 4.3% over the 12 months to November, down from 4.9% in October. This figure came in just below the market forecast of 4.4%.
AU Morning Wrap: ASX Flat; Energy Stocks Rally on Oil Price
Stocks to watch: GQG Partners, Paladin Energy, Woodside.
AU Evening Wrap: Australia Shares Kick Off Year With 0.5% Gain
Energy was the best-performing sector, rising 1.5%.
AU Morning Wrap: ASX Flat in First Trading Session of 2024; Gold Stocks Drop
The S&P/ASX 200 index rose 0.1%, or 5.1 points at the start of trade on Tuesday.
Australia's GDP Expands 0.2% in Q3, Below Forecasts
Australia’s gross domestic product grew 0.2% in the third quarter, from 0.4% in Q2, undershooting the market consensus of 0.4%.
Reserve Bank of Australia Cash Rate Unchanged at 4.35%
The Reserve Bank has delivered a pre-Christmas reprieve for Australia’s borrowers, leaving its cash rate unchanged at 4.35%.
Australian October CPI Growth Cools to 4.9%
Australia’s Consumer Price Index grew 4.9% in annual terms in October, undershooting analysts consensus of 5.2%.
Reserve Bank of Australia's Minutes Show Case for Further Rate Rises Is Data Dependent
The head of Australia's central bank on Tuesday said that inflation is the crucial challenge over the next one or two years after policymakers raised interest rates to a 12-year high earlier this month to tame high prices.