The Australian sharemarket swung into the green in afternoon trading after losses from big names such as Macquarie Group and Aristocrat kept it in negative territory for most of Wednesday’s session.
The Australian sharemarket finished higher on Tuesday as cautious optimism returned after the world’s two largest economies agreed to a 90-day truce in their trade war.
So much for Australia’s sharemarket Trump bump. For local investors it was more a case of Trump glump.
The value of the controversial $TRUMP meme coin has plunged since its launch in January,but there is a consolation prize.
The Australian sharemarket gave up its early gains despite a solid showing from miners and energy majors. Woolworths and Coles slide on price war concerns.
The Australian sharemarket edged higher on Friday,buoyed by solid company results and optimism for easing global trade tensions.
Amid the global economic chaos unleashed by Trump’s tariff agenda,Australia has emerged as a beacon of stability. But our luck might not last.
The bourse closed slightly higher,as US stocks drifted in mixed trading after the Federal Reserve left its main interest alone.
The Australian sharemarket has closed moderately higher as US market futures rose on confirmation American and Chinese trade officials will meet,spurring optimism trade tensions could ease.
US Treasury Secretary Scott Bessent says Donald Trump’s policies will secure America’s position as the home of global capital. The rest of the world doesn’t buy it.
The Australian sharemarket has closed flat as Wall Street took a dip overnight,breaking a nine-day winning streak.