The Australian Stock Market Falls – Finance News

Financial advice South Melbourne

The Australian market was lower this week with the ASX 200 index falling below the 5,700 level on Friday as markets reacted to tensions between the United States and North Korea with the Asian country threatening a missile strike on U.S. territory Guam.

RBA Holds Lowest Cash Rate – Finance News

Rockstar Friday Finance

The Australian market was modestly higher this week but couldn’t break the recent trading range of between 5,700-5,800 points as investors digested the first of many earnings reports this season.

Australian Market Recovers – Finance News

The Australian market was lower with next week’s annual reporting season looming and on investors’ minds. The ASX 200 index fluctuated within striking distance of the 5,800 point barrier mid-week due to strong commodity prices which helped drive up energy and mining stocks.

TGIFF (Thank God Its Friday Finance) June 23rd 2017

The Australian market finished lower this week after the largest one day drop since November 2016 on Wednesday. Nearly $27 billion in value was wiped off the benchmark index that day as falling commodity prices sparked massive losses amongst resource stocks and the big four banks slid further down.