Money News Market Wrap
Money News Market Wrap
The Money News Market Wrap Podcast is your daily snapshot of the latest market news, conveniently delivered straight to your device after the closing bells ring. For a deeper dive into the day's biggest business news, listen to Money News every weeknight at 7:00 pm. Missed it live? Catch-up via the Money News podcast.Social links:
MWP March 17 - š āļø šø
The ASX 200 finished up 31 points to 8614 following the RBA decision to increase the cash rate by 25 basis points to 4.1%
03:12
MWP March 16 - š āļø šø
The Australian sharemarket slid to a three-month low today. A heavy sell-off in the mining sector and the ongoing conflict in the Middle East, which is keeping oil prices stuck above 100 US dollars a barrel weighed on the market.
03:21
MWP March 10 - š āļø šø
The ASX 200 rallied 1.1 per cent, or 93.60 points to 8692 which restored $34 billion to the index.Ā Largely due to a dip in the oil price as markets speculated on how long the Iran war will last and the Strait of Hormuz will be closed. Ā 9 of the 11 sectors ended in the green.
03:29
MWP March 9 - š āļø šØ
It was an absolute bloodbath on the Australian share market today. $90 billion was erased as the ASX 200 fell 252 points, to 8,599.
03:54
MWP March 3 - š āļø
Investors decided to "batten down the hatches" today, sending the Australian sharemarket into a sharp retreat from its recent record highs.
03:43
MWP March 2 - š āļø
Middle East conflict gives way to gains in gold, energy and defence as the ASX reacts to the fallout of the escalating tensions between Iran and US/Israel.Ā
04:19
MWP February 25 - š āļø šø
A record breaking session on the ASX today plus Donald Trump touts his economic achievements during the State Of The Union address.Ā
04:42
MWP February 24 - š āļø šø
The ASX 200 finished essentially flat the biggest drag today came from the tech sector. After a rough night for the Nasdaq in New York, local investors hit the sell button.
03:42
MWP February 19 - š āļø šø
Local stocks extended their winning streak to a third straight day, with the ASX 200 jumping 79 points, or 0.9 per cent, to finish at 9,086. We even caught a glimpse of history today, with the index hitting a fresh all-time intraday high before settling just shy of a new closing record.
03:13
MWP February 18 - š āļø šø
The Australian sharemarket has climbed for a third consecutive session today, with the ASX 200 gaining 48 points, or 0.5 per cent, to close at 9,007. It was a broad-based rally, with materials being the only sector of the 11 industry groups to miss out on the gains.
04:14