Category: Stock Market

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...

All Ords past 6000

All Ords past 6000

Investors opened November with a solid day of trade that saw the market surging to a six month high and the All Ordinaries Index going past...

The market in the week ahead

The market in the week ahead

The forces shaping the market this week will be President Donald Trump finally announcing a new US Federal Reserve chair and Congress set...

Oil tops $60 for the first time in two years

Oil tops $60 for the first time in two years

Brent crude oil has rocketed above $60 for the first time since July 2015. The international benchmark for oil prices was trading at $60.35...