Category: Stock Market

Oil price crashes to nine month low

Oil price crashes to nine month low

The price of oil has fallen to its lowest level in nine months with growing concerns that the Organisation of Petroleum Exporting Countries...

Multi-billion dollar bidding war for Rio Tinto coal mine assets

Swiss-based Glencore made an unexpected bid over the weekend to trump  Chinese-controlled Yancoal’s offer to buy Rio Tinto’s...

Oil price collapses

Oil price collapses

The oil price has fallen 5 per cent to around $46 a barrel, the biggest slide since March, followed the release of data showing US crude...

The market in the week ahead

The market in the week ahead

Australian investors will this week be focusing on the Reserve Bank of Australia’s call on interest rates and GDP in what will be a data...

Amazon shares top $1000

Amazon shares top $1000

Amazon shares are now selling for over $1000 for the first time reaching a high of $1001.20 before closing at $996.70, up 92 cents. Shares...

The market in the week ahead

The market in the week ahead

A critical set of numbers this week indicating whether the Australian economy’s growth prospects have stalled will shape the market this...

The market in the week ahead

The market in the week ahead

The stock market will be shaped in part this week by the continuing uncertainty over Donald Trump’s future. The S&P 500 on Wall...

Young Australians plunge into shares

Young Australians plunge into shares

More young Australians are now investing in the share market. According to an ASX-Deloitte Access Economics study, the proportion of 18-24...

Trump woes hit market

Turmoil in the White House and US president Donald Trump’s self-inflicted crisis has hit the markets. A week of week of political...

Myer shares crash after downgraded by Credit Suisse

Myer shares crash after downgraded by Credit Suisse

Myer shares yesterday plunged 9.5 per cent after Credit Suisse downgraded the stock to underperform from outperform, citing threats from...