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Trending stories and market-moving news from the ASX small-cap sector
Weekly Wrap: ASX Rebounds On Optimism; Top Picks From Fundie
ASX rebounds 0.9% after April CPI cools to 4.2%; investors pare June RBA hike bets as oil eases and geopolitical tensions cool.
Top Stories
Weekly Wrap: Geopolitical Relief and Rate Hopes Spark Late Week Rebound for the ASX
ASX rebounds late week: easing rate fears and Persian Gulf peace hopes power a 0.41% Friday rise, after a 7-week low.
Market Wrap: Market Sharply Weaker As War Hostilities Resume
ASX 200 plunges 1.5% on renewed US-Iran hostilities as oil spikes over $100; banks and energy hammered, Tabcorp shares dive 14%.
Weekly Wrap: Strong Week Despite Late Fade
ASX up 4.4% for the week; strongest since Oct 2022, despite Friday fade. Magellan-Barrenjoey merger approved; Telix jumps on US regulator nod; Iran talks ahead.
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Weekly Wrap: ASX investors pondering a heap of variables over Easter
ASX ends Easter week near 1% higher amid oil spikes and Trump-Iran tensions; energy trims losses while tech slides, awaiting post-holiday trading.
Weekly Wrap: Shares fall another 2.6% for the week as conflict worsens
ASX 200 slides 2.6% this week to 8,617 as Iran-Israel conflict lifts oil above $100; NST and SYR plunge, while EOS soars on a Middle East contract.
Weekly Wrap: AI Margin Squeeze Hits Software Peers as ASX Slips, Yet Week Ends Higher
ASX slips 1.4% as AI fears squeeze software margins; yet the week climbs 2.4% on bank strength and gold rebound.
Weekly Wrap: ASX 200 slides 2% as froth indicators deepen global pullback
ASX 200 skids 2% as Bitcoin froth indicators fade and AI concerns weigh on tech and miners; weekly loss 1.8%.
Weekly Wrap: Late pullback slams gold shares
ASX slips 0.7% as late pullback drags gold shares lower on Fed chair speculation; bullion drops ~5% amid rate-hike fears.
Weekly Wrap: Rising rates lift AUD and gold as miners lead ASX gains
Gold hits fresh highs and miners rally as rates rise; Life360 soars on upbeat guidance, AUD hits 16-month peak, ASX 200 slips 0.5% for the week.
Weekly Wrap: Winning Streak Persists as Tech, Banks Drive Aussie Shares
ASX 200 rises 0.5% to 8,903 as tech and banks lead; miners retreat, with Capstone Copper and Catalyst Metals rallying on strong results.
Weekly Wrap: Markets edge as Rio-Glencore talks spark change in mining bid
Rio Tinto slides 6% on Glencore all-stock merger talks; BlueScope up 2% after rejecting a $30 offer. ASX 200 drifts -0.1% as deal news dominates.