Thursday 30 May: ASX Drops 36 – BHP Stumbles as Iron Ore falls – Banks Steady
ASX 200 drops another 37 points to 7629 (-0.5%) after a bounce off the 7600 support level. Bank held firm …
Monthly Archives: May 2024
Wednesday 29th May – CPI kills Rate Cut Hopes – BHP asks for More Time – Iron Ore Falls
ASX 200 fell another 101 points to 7666 (-1.3%) in lacklustre trade compounded by nasty CPI number that put rate …
Tuesday 28th May – Australian Market Wrap – PWR falls hard – Retail Sales Worse than EXpected.
ASX 200 drifts 22 points lower to 7767 (-0.3%). A quiet session with some of Monday’s exuberance fading. Banks were …
Monday 27th May – Australian Market Wrap – Banks and Industrials Rally Back.
ASX 200 rose 61 points to 7788 (0.8%). Solid bounce off 7700 support on low volume and volatility. Banks led …
Friday 24th May – Australian Market Wrap – ASX 200 drops 84 as Banks and Industrials fall.
The ASX 200 falls another 84 points to 7728 as US markets and commodities weigh. Down 1% for the week. …
Thursday 23th May – Australian Market Wrap – BHP tumbles – Nvidia Helps Tech Sentiment – Defensive Shine as Resources Fall.
The ASX 200 falls 36 points to 7812 (0.5%) off the session lows as defensives rallied hard. NASDAQ futures improved helped by Nvidia …
Wednesday 22nd May – Australian Market Wrap – Nvidia and BHP tonight – Waiting – APE fails Rego!
ASX 200 fell 4 points today to 7848 as we await Nvidia results in US. Mixed session all round. Banks …
Wednesday 16th May – Australian Market Melt Up!
ASX 200 jumped 128 points (1.7%) to 7900 as good US CPI and better-than-expected jobs data created a tsunami of …
Wednesday 15th May – Australian Market Wrap – BHP – Retail and Waiting for CPI
ASX 200 finishes up 27 points to 7754 (+0.4%), basking in a warm post-budget glow. The main driver of the …
Tuesday 14th May – Australian Market Wrap – Quiet Listless Trade Ahead of US PPI and CPI.
ASX 200 closed down 23 points at 7727 (0.3%). Sloppy quiet markets across the board with banks down modestly. The …
Beeks Downunder-Because not all financial news is boring! 