Category: Stock Market

The market in the week ahead

The market in the week ahead

It’s been another mixed week in the markets. US stocks slipped from record highs with the Dow and S&P 500 posting their first...

Oil price sinks, snapping rally

Oil price sinks, snapping rally

After an extraordinary rally last week that saw the price of oil hitting its highest since 2015, the price of oil has been falling with...

Shares in Elders surge on profit jump and return to dividends

Shares in Elders surge on profit jump and return to dividends

Shares in agribusiness company Elders surged 7.9 per cent to $5.60 after it announced it had more than doubled its profit to $116 million,...

The market in the week ahead

The market in the week ahead

Share markets were mixed last week. Wall Street snapped its string of record highs when it was revealed that the US Senate’s tax plan...

Xero to join ASX 2000 after delisting in New Zealand

Xero to join ASX 2000 after delisting in New Zealand

Kiwi cloud accounting company Xero is delisting from the New Zealand stock exchange to join the ASX 200 on the Australian Securities...

ASX 200 hits 6000 for the first time since GFC

ASX 200 hits 6000 for the first time since GFC

The local market gave investors a Cup Day treat yesterday and closed above 6000 for the first time since January 2008, just a few months...

Fox shares surge on reports of sale to Disney

Fox shares surge on reports of sale to Disney

Shares of Rupert Murdoch’s 21st Century Fox shot higher on a report by CNBC that it’s been in talks to sell part of itself to Disney....

McGrath shares collapse following profit warning

McGrath shares collapse following profit warning

McGrath shares yesterday nosed-dived, plunging to an all-time low, after telling the market its earnings had “fallen short of...

The market in the week ahead

The market in the week ahead

Following last week’s strong figures for markets around the world, stocks are expected to start this week on new highs. Markets in Europe...

Oil prices surge as OPEC signals deal and supply threats mount

Oil prices surge as OPEC signals deal and supply threats mount

The price of oil has risen to a two year high with OPEC indicating it will extend the output cuts and threats to the global oil supply...