Weekly Market Update: 1st of March 2021

Domestic Markets | S&P/ASX200 down 121pts (1.8%)CBA down $0.95 (1.2%)FMG up $0.14 (0.6%)The ASX200 fell 121 points over the course of the week to 6,673 points, as bond yields spiked due to bond holders fearing...

Weekly Market Update: 22nd of February 2021

Domestic Markets | ASX200 down 16pts (0.2%)CBA down $4.36 (5.0%)FMG up $0.14 (0.59%)The ASX200 fell 16 points over the course of the week to 6,794 points, as profits takers cancelled out companies generally reporting better...

Weekly Market Update: 8th of February 2021

Domestic Markets | S&P/ASX200 up 233pts (+3.5%)Markets rebounded on the back of positive news for Australian equities.CBA +$5.13 (6.14%)FMG +$1.44 (6.61%)The ASX200 followed global markets in a positive week, rising 3.5%....

Weekly Market Update: 25th of January 2021

Domestic Markets | S&P/ASX200 Up +85pts (1.3%)Markets Rebounded from Last Week.CBA -$0.29 (-0.34%)FMG -$0.86 (-3.4%)The ASX rose 1.3% over the course of the week, as Australia’s unemployment rate continued to decline with the country...

Weekly Market Update: 11th of January 2021

Domestic Markets | S&P/ASX200 Up +171pts (2.6%)Markets rose to 10-month highs.CBA $3.52 (4.3%)FMG $1.19 (8.2%)The ASX200 added 170.8 points or 2.6% in the first week of 2021. The week saw Australian Prime Minister Scott Morrison announcing during the...

Weekly Market Update: 14th of December 2020

ASX UpdateThe ASX200 narrowly held on to its weekly gain despite a 40 point or 0.6% drop on Friday, marking the sixth straight week of gains with the index finishing just 0.1% higher for the...

Weekly Market Update: 7th of December 2020

ASX UpdateThe ASX finished the week strong with a gain of 0.3% to close at 6,634 – peaking out a weekly gain of 0.5%, the fifth straight. The market now sits close to...

Weekly Market Update: 30th of November 2020

ASX UpdateWith little-read from Wall Street towards the end of the week the Aussie market softened – we closed 0.5% lower on Friday to finish at 6,601. Still managing a gain for the...

Weekly Market Update: 23rd of November 2020

Domestic Markets | S&P/ASX200 7,368.9pts up 57pts (0.8%)CBA $103.69 up $2.33 (2.3%)FMG $22.42 down $0.80 (3.5%)In a shortened week due to the Queen’s Birthday celebration on...