Latest Finance News



Aust share market slightly higher

The Australian share market gave away most of its early gains but still finished slightly higher as weakness from most of the big banks countered support from an upbeat outlook on the US economy and a..

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Big banks drag share market lower

Falls by the big four banks have pulled the share market lower, as uncertainty about the policies of US president-elect Donald Trump influences trade. The market mirrored Wall Street's overnight se..

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Big banks pull back Aust share market

The Australian share market is weaker as investors take profits in the wake of the lack of detail about US President-elect Donald Trump's plans to stimulate the US economy. IG market strategist Eva..

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Aust shares hit fresh 2016 high

The share market has hit a new high for the year as the seasonal Santa Claus rally rolled on despite negative leads from Wall Street. The benchmark S&P ASX/200 index closed 0.54 per cent higher..

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Shares rise to 16 month high

The share market has hit a 16 month high, led by resources, energy and financial companies as investors sought growth stocks.The benchmark S&P/ASX 200 index gained 0.4 per cent to close at 5,613.5..

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Aust shares close at 16-month high

The Australian share market has closed at a 16-month high thanks partly to offshore markets' Trump-fuelled rallies, with strong gains locally coming from retailers and banks. The benchmark S&P/..

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US rate moves weigh on Aust shares

The Australian share market has closed lower, weighed down by weaker resources stocks, as investors ponder more potential interest rate hikes in the US in 2017 than had been expected. Atlantic Paci..

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Energy, mining shares drag market lower

Energy and resources companies including Santos, Origin Energy and Newcrest Mining have dragged the share market lower following a drop in oil prices and the US Federal Reserve's rate hike. The ben..

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Aust shares track Wall St higher

The share market has closed higher with almost all sectors in positive territory ahead of the US central bank's interest rate decision.The benchmark S&P ASX/200 index was up 0.71 per cent, at 5,584.6 ..

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Miners and banks lead ASX lower

The Australian share market has closed lower following heavy sell-offs among the miners and banks. The benchmark S&P/ASX 200 index was down 0.32 per cent at the close on Tuesday in the wake of ..

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Market rally gains pace

Strong investor support for financial and mining stocks has driven a third straight day of gains and taken the market to a near four month high.The benchmark S&P/ASX 200 index gained 1.2 per cent as 1..

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Banks, miners lead share market higher

The share market closed nearly one per cent higher, boosted by a positive session on Wall Street and confidence the resources sector will continue to improve. New York's Dow Jones Industrial Averag..

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Aust shares gain as confidence returns

Australian shares have held on to positive territory on Tuesday after riding an early boost from a record close on Wall Street. The S&P/ASX200 index closed up 0.5 per cent at 5,428.7 points as ..

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ASX finish lower led by bank sell-off

The share market has closed lower with most sectors in negative territory led by a heavy sell-off among the big four banks. The benchmark S&P/ASX 200 index closed 0.8 per cent lower on Monday. ..

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Oil surge fuels rise in Aust shares

The Australian share market has jumped more than one per cent, driven by a surge in energy stocks after the world's leading oil producers agreed to cut oil production for the first time in eight years..

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Weak oil price drags ASX lower

The Australian share market has closed lower led by heavy falls from oil and gas producers and the major miners. The benchmark S&P/ASX 200 index was down 0.79 per cent at the close with most se..

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Share market hits three month high

The share market has hit a three month high thanks to demand for mining and energy stocks including BHP Billiton, Rio Tinto and Woodside Petroleum. The benchmark S&P/ASX 200 index rose 0.4 per ..

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Miners, industrials lead shares higher

Australian shares have hit a five-week high as high commodity prices, a Wall Street tailwind and adjusted expectations of local interest rate cuts helped near-across-the-board gains. The benchmark ..

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Miners, energy and US lift Aust stocks

The Australian share market has closed higher led by strong gains in the energy and mining sectors, with giant BHP Billiton one of the star performers. A record overnight high on Wall St, surging w..

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