Daily-Wrap

Macro Update:According to multiple media reports, International Monetary Fund Managing Director Kristalina Georgieva said the global economy has shown surprising resilience despite multiple shocks, forecasting only a slight slowdown in growth this year and next. Speaking at the Milken Institute in Washington, D.C., she …

Index Update: The Australian sharemarket edged lower on Wednesday as declines in retail and technology stocks outweighed gains in the healthcare sector. The S&P/ASX 200 fell 9.20 points, or 0.10%, to close at 8,947.60. Despite the dip, the index remains up 1.15% over the …

Index Update: Australia’s S&P/ASX 200 slipped on Tuesday, shedding 24.60 points or 0.27% to close at 8,956.80 after briefly touching a new 20-day high. The decline came even as Wall Street closed higher overnight, with the Nasdaq and S&P 500 both hitting record highs, …

Index Update:The Australian share market edged lower on Monday, with the S&P/ASX 200 falling 6.00 points, or 0.07%, to close at 8,981.40. Over the past five sessions, the index has gained 2.20% and remains 0.81% below its 52-week high. The market initially rallied and …

Index Update: The Australian share market recovered from a sluggish morning session on Friday to finish the week near record territory, supported by strength in healthcare, information technology, and consumer discretionary stocks, which outweighed slight declines in energy and utilities. The S&P/ASX 200 advanced …

Index Update: The Australian share market recovered from a sluggish morning session on Friday to finish the week near record territory, supported by strength in healthcare, information technology, and consumer discretionary stocks, which outweighed slight declines in energy and utilities. The S&P/ASX 200 advanced …

Index Update:The Australian sharemarket rallied on Thursday, with the S&P/ASX 200 climbing 100.20 points, or 1.13%, to close at 8,945.90, marking a new 20-day high. The index has advanced 1.97% over the past five days and remains just 1.20% below its 52-week high. Sector …