AU Evening Wrap: Australian Shares Close Steady as Financials and Real Estate Stocks Rise
Australian shares close steady as financials and real estate stocks rise. Among the 11 sectors of the ASX 200, health is the worst performer, dropping 1.0%.
AU Evening Wrap: Australia Shares Rise 1.0% as RBA Holds Rates
Australia shares rise 1.0% as RBA holds rates. All eleven sectors close higher,
RBA June Interest Rate Decision Preview: How Does RBA Balance Inflation Control with Economic Growth?
The Reserve Bank of Australia(RBA) will likely hold its fifth consecutive meeting on Tuesday, keeping its key policy rate unchanged. Most economists expect the RBA to cut interest rates for the first time in the last quarter of the year.
AU Evening Wrap: Australia Shares Slip 0.3% as Commodity Stocks Fall
ASX 200 closed 0.3% lower at 7700.3, slipping to a fourth decline in five sessions on continued weakness in commodity stocks.
Investors May Not Be Seeing Aussie Bank Risks -- Market Talk
2245 GMT - Risks associated with Australian banks are getting very little consideration from investors, says Citi analysts Brendan Sproules and Thomas Strong in a note. They argue that threats to lend
Energy One Extends Maturity of AU$25 Million Loan With National Australia Bank to April 2027
Energy One (ASX:EOL) extended the maturity of its AU$25 million loan facility with National Australia Bank (ASX:NAB) to April 30, 2027, according to a Thursday Australian bourse filing. The facility,
AU Evening Wrap: Australia Shares Rise 0.4% as Unemployment Rate Falls
Australia shares rise 0.4% as unemployment rate falls. Nine out of eleven sectors finished higher, with tech and healthcare leading the way.
Plenti Group Partners With NAB to Launch Car, Electric Vehicle Loan
Fintech lender Plenti Group (ASX:PLT), in partnership with the National Australia Bank (ASX:NAB), introduced the 'NAB powered by Plenti' car and electric vehicle loan to NAB employees, according to a
Major Australian Banks Return on Tangible Equity May Fall Further -- Market Talk
Major Australian banks return on tangible equity levels have trended lower over the past 20 years and may decline further as the cost of risk normalizes, says E&P Capital analyst Azib Khan in a note.
AU Evening Wrap: Australia Shares Fall 0.5% as Mining Sector Weakness Persists
Australia shares fall 0.5% as mining sector weakness persists. The energy sector was the only gainer among the eleven sectors, adding 1.0%, backed by strength in oil explorers and producers.
NAB Challenged by Agri Sector Financed Emissions Target
2308 GMT - NAB's move to defer its agriculture sector financed emissions target highlights the challenge in setting hard targets to measure sectors such like agri, given the lack of localized data, sa
AU Evening Wrap: Australian Shares End Three-Day Rally Ahead of US Inflation Data and Fed Policy Meeting
Australian shares end three-day rally ahead of US inflation data and Fed policy meeting. Ten out of eleven sectors show negative performance.
Australian Banks to Benefit From Lower Provisioning
0240 GMT - Credit quality at Australian banks has been resilient, with majors adopting a conservative approach to provisioning, say Morgan Stanley analysts in a note. The average collective provision
AU Evening Wrap: Australia Shares Rise 0.5%, Complete Best Week Since December
Australia shares rise 0.5%, complete best week since December. Ten of the ASX 200's eleven sectors finished higher.
AU Evening Wrap: Australia Shares Rise 0.7% on Broad-Based Gains
Australia shares rise 0.7% on broad-based gains. Tech and financial stocks led the gains, in line with positive momentum in US equities.
National Australia Bank to Issue Subordinated MTNs Worth AU$1.25 Billion
National Australia Bank (ASX:NAB) will issue subordinated callable fixed-to-floating rate medium-term notes worth AU$1.25 billion on Thursday, according to a Thursday filing with the Australian bourse
National Australia Bank Unveils AU$80 Billion Environmental Finance Target, Decarbonization Targets
National Australia Bank (ASX:NAB) posted its supplementary climate disclosures to support its strategy to transition to net zero emission by 2050, including a new AU$80 billion environmental finance t
AU Evening Wrap: Australia Shares Rise 0.4% as Rate-Rise Fears Ease
Australia shares rise 0.4% as rate-rise fears ease. Bank and consumer stocks help to offset further weakness in commodity prices.
ANZ's Mortgage Slowdown Benefits CBA, Westpac -- Market Talk
0439 GMT - ANZ slowing momentum in mortgages has seen Westpac and CBA take over share of business, says UBS analyst John Storey in a note reviewing regulator bank data for April. In that month, UBS sa
AU Evening Wrap: Australia Shares Fall 0.3% Amid Commodity Weakness
Australia shares fell 0.3% amid commodity weakness. The heavyweight materials sector lost 0.9%.
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