Today
- Opinion
- Chanticleer
Why investment legend Chris Mackay says ‘it’s a dangerous time’
The MFF Capital Investments boss and Magellan co-founder says the ‘everything rally’ is likely to reverse, but calm, long-term investors can fight through the noise.
- 16 mins ago
- James Thomson
- Live
- Markets Live
ASX slips; energy, miners lift
Shares eases; MFF eyes Montaka; HPI rejects Charter Hall-Hostplus bid; Macquarie tips massive degradation in Star; Santos inks LNG contract with TotalEnergies. Follow updates here.
- 31 mins ago
- Timothy Moore, Cecile Lefort, Joshua Peach and Alex Gluyas
Chris Mackay buys Montaka, outlines Magellan-like vision
The Magellan Financial Group’s co-founder is roping a new manager into his $2 billion investment vehicle and his expectations are high.
- 1 hr ago
- Joshua Peach
PM condemns Iran; Vance debates Walz; CBA shuffles ranks
Read everything that’s happened in the news so far today.
Middle East escalation rocks bullish markets
Investors have been dealt a swift reality check as tensions between Iran and Israel threaten to bubble over after missile attacks.
- Alex Gluyas
- Opinion
- Chanticleer
Investors shouldn’t worry about Iran’s attack on Israel – yet
The “risk off” reaction of global markets to the missile barrage is predictable. But there are good reasons to look past the escalating conflict.
- James Thomson
ASX to rise; Apple, Nvidia drop as new quarter begins
Australian shares are set to open higher, US stocks closed lower, paced by the megacap leaders. Oil briefly spiked as Iran attacked Israel.
- Timothy Moore
Yesterday
ASX caught in China-fuelled short squeeze
Avoiding China and owning banks was an easy route to beating the market. Now those winning bets are crumbling.
- Alex Gluyas
Why Fed-obsessed US traders are ignoring China’s soaring sharemarket
The Asian giant’s stunning equity market surge has registered with US traders, underlining China’s limited role as an engine for America’s economy.
- Lu Wang and Yiqin Shen
Rio Tinto, REA, JB Hi-Fi sitting on franking credit war chest
Morgan Stanley has identified the companies with the highest level of franking credits on their balance sheets. Releasing them is not so easy.
- Joanne Tran
ASX dips | Israel starts ‘targeted raids’ | Qatar to buy 25pc of Virgin Australia
Read everything that’s happened in the news so far today: the ASX has slipped from its record, Israel has started ground operations in Lebanon with ‘targeted raids’, and Qatar Airways to buy 25 per cent of Virgin Australia.
ASX falls; retail sales bounce, Sigma Healthcare rallies 20pc
Miners give back gains. Qantas slips on Qatar-Virgin deal. Powell tempers rate cut hopes. REA investors welcome Rightmove decision. Follow updates here.
- Updated
- Timothy Moore, Joshua Peach, Joanne Tran, Alex Gluyas and Cecile Lefort
ASX to fall, S&P 500 ends its quarter on a positive note
Australian shares are set to open lower. The S&P 500 rose as Jerome Powell reassured markets that lower rates lie ahead, albeit he signalled at a moderate pace.
- Timothy Moore
September
ASX has best September quarter since 2013 amid worries it has peaked
More certainty of interest rate cuts and big economic stimulus sent the local sharemarket 6.5 per cent higher. But lower earnings growth is worrying investors.
- Joshua Peach
- Opinion
- Sharemarket
Markets are on their best behaviour as the bulls take charge
The Fed is cutting interest rates and China’s policymakers are pumping its economy with money. Is there anything standing in the way of global sharemarkets?
- Jonathan Shapiro
ASX closes at all-time top, ends the quarter 6.5 higher
Shares reset record high; Synlait posts giant loss; Pacific Smiles rejects Genesis bid; AGL nabs new deal with Portland smelter; iron ore prices leap 7pc. Follow updates here.
- Updated
- Timothy Moore, Cecile Lefort, Joanne Tran, Alex Gluyas and Joshua Peach
ASX hits fresh record; Dutton calls for arrests; Five bubble dangers
Read everything that’s happened in the news so far today.
- Opinion
- Chanticleer
The ‘everything bubble’ is back. Here are five dangers to watch
Thanks to the Fed and China, markets are back at the levels reached during the 2021 frenzy. But it might not take much for investors to let a little air out.
- James Thomson
Missed out on Nvidia and Ozempic? This fundie says it’s never too late
Northcape Capital’s Fleur Wright may have missed out in the early AI and GLP-1 investor frenzy, but she made other good calls that were perfectly timed.
- Sarah Jones
ASX set for fresh record as investors bank on China and rate cuts
Futures indicate the S&P/ASX 200 Index is poised to advance 0.3 per cent at the opening bell, enough to reset Friday’s record high.
- Joanne Tran
