Australia/New Zealand stocks

Australian shares retreat to 1-week closing low on fresh US-Iran flare-up

[SYDNEY] Australian shares closed at their lowest in a week on Thursday (May 28), with most sectors finishing in the red, after fresh US military strikes on Iran clouded the possibility of an imminent...

The S&P/ASX 200 index rose 0.4 per cent to 8,692 at the close, its highest since May 11, extending gains for a third straight session.

Australian shares notch two-week closing peak on Middle East peace hopes

[SYDNEY] Australian shares ended at a two-week high on Monday (May 25), led by commodity stocks as investors pinned hopes on a breakthrough in US-Iran peace talks.

The S&P/ASX 200 index rose 1.5 per cent to 8,621.70 points, logging its best close in a week.

Australian shares jump as weak jobs data tempers RBA rate-hike bets

AUSTRALIAN equities closed higher on Thursday after weak employment data prompted investors to trim bets on a near-term rate hike, while optimism over a potential US-Iran peace deal added support.

The S&P/ASX 200 index closed 1.3 per cent lower at 8,496.60 points on Wednesday.

Australian shares end below key 8,500 level as price pressures keep sentiment muted

AUSTRALIA’S equity benchmark closed below the psychologically key 8,500 support level for the first time since March-end on Wednesday, as worries over inflation stemming from the Iran war kept investo...

The S&P/ASX 200 index rose 1.2 per cent to 8,604.70 points on Tuesday.

Australian stocks rebounds from 7-week low as RBA minutes hint near-term rate pause

AUSTRALIAN shares rebounded from a near seven-week low on Tuesday after minutes from the Reserve Bank of Australia signalled a wait-and-watch approach following three interest rate hikes this year.

The S&P/ASX 200 closed 0.4 per cent lower at 8,670.70 on Tuesday, sliding 2.4 per cent over the last three sessions.

Australian shares fall for third day as banks weigh ahead of federal budget

AUSTRALIA’S equity benchmark fell for a third straight session on Tuesday, with banks leading losses, as investors braced for a federal budget promising spending restraint and selective reform.

The S&P/ASX 200 index closed 0.2 per cent lower at 8,680.50 on Tuesday, extending losses from the day before.

Australian shares fall as RBA rate hike hits financials, miners

AUSTRALIAN shares pared most of their earlier losses to close marginally lower on Tuesday after a widely expected rate hike from the central bank, with sticky inflation and an oil-driven price surge k...

The S&P/ASX 200 index closed 0.4 per cent lower at 8,697.10, after losing 0.7 per cent last week.

Australian shares slip as RBA decision looms, NAB posts profit miss

AUSTRALIAN shares drifted lower on Monday ahead of the central bank’s policy decision, while an earnings miss from top business lender NAB dented market sentiment.

The S&P/ASX 200 index fell 0.2 per cent to 8,665.80 points, its lowest closing level since April 2.

Australia shares hit four-week low

[SYDNEY] Australian shares ended at a four-week low on Thursday (Apr 30), extending losses to an eighth straight session as surging oil prices stoked inflation and growth worries, while top grocer Woo...