Stalled inflation raised hopes of a rate cut and helped the Australian share market to an 11-year high, but the Aussie dollar is languishing at a near six-week low.
The Australian share market has opened strongly, with healthcare and tech stocks in the ascendancy after the S&P 500 and the Nasdaq hit record closing highs overnight.
The Australian share market has surged through the 6300 barrier in the first trading session after the four-day Easter break, finishing at its highest point in eight months on a buoyant energy sect
The proportion of women on the boards of ASX200 companies has fallen for the first time in four years, putting a dent in the Australian Institute of Company Directors’ 30 per cent gender diversity target.
The Australian share market has continued to rise through the first trading session after the four-day Easter break, with board-based gains led by a surging energy sector.
The Australian share market has closed marginally higher after a choppy day in which better than expected jobs numbers caused the local bourse to lose some of its midday gains.
The Australian share market has dipped in early trade, with the mining giants more than offsetting a positive open for the financial and energy sectors.
Mining giant Rio Tinto has reported a 14 per cent drop in quarterly iron ore shipments and cut its 2019 shipments estimate on disruption caused by a tropical cyclone which hit its export terminal in Western Australia last month.
The Australian sharemarket has started the week flat, with volumes light as many traders took the week off as the Easter school holidays commenced nationwide.
Australian shares are subdued at the dawn of a new trading week, with gains for energy companies and the big banks offset by a flat mining sector and losses for health care stocks.
Australian shares have fallen, dragged down by share prices falls by the major miners and the big four banks amid dovish comments by US and European central banks.
