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Australian shares

Banks, miners propel Australian shares higher day after global market rout
  • Market

Banks, miners propel Australian shares higher day after global market rout

TheSpuzz Desk1 month ago03 mins

Source: Live Mint April 8 – Australian shares rose on Tuesday, buoyed by gains in banks and miners, while investors saw relief in Treasurer Jim Chalmers’ remarks that resource-rich Australia will be able to manage the direct impact of U.S. President Donald Trump’s sweeping tariffs. The S&P/ASX 200 index gained 1.1% to 7,423.40 points by…

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Banks lift Australia shares after Fed’s Powell comments calm tariff jitters
  • Market

Banks lift Australia shares after Fed’s Powell comments calm tariff jitters

TheSpuzz Desk2 months ago03 mins

Source: Live Mint March 20 (Reuters) – Australian shares recovered on Thursday, led by banks after U.S. Federal Reserve Chair Jerome Powell’s comments calmed investors rattled by President Donald Trump’s tariff threats, and gold stocks jumped as bullion hit a record high. The S&P/ASX 200 index rose 0.7% to 7,881.6, as of 2328 GMT. The…

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Australia shares edge higher from seven-month lows as bargain hunters step in
  • Market

Australia shares edge higher from seven-month lows as bargain hunters step in

TheSpuzz Desk2 months ago03 mins

Source: Live Mint March 13 (Reuters) – Australian shares eked out modest gains on Thursday, rebounding from a seven-month low, as investors took advantage of recent weakness to buy the dip after U.S. President Donald Trump’s tariff debacle sent markets substantially lower. The S&P/ASX 200 index rose 0.2% to 7,803.9 points by 2332 GMT, following…

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Australian shares drop on weak profits from iron ore giants
  • Market

Australian shares drop on weak profits from iron ore giants

TheSpuzz Desk3 months ago03 mins

Source: Live Mint Rio Tinto down 3% on smallest profit since 2019 Wesfarmers, Telstra gain more than 3% Air NZ announces NZ$100 million buyback Feb 20 (Reuters) – Australian shares fell 1% in their fourth consecutive session of losses on Thursday, as iron ore mining giants Rio Tinto and Fortescue slumped to multi-week lows after…

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