Australia's share market fell to its lowest level since September last year as tariff uncertainty continued to slash the price of bank shares. By the end
The Sydney-headquartered firm will issue 119.42 million shares at A$33.5 each, it said in a regulatory filing. The deal is the largest capital raising in Australia in more than three years since CSL raised A$6.3 billion in December 2021, according to Dealogic data.
A top performance by mining, real estate and technology companies on Friday helped to propel the Australian share market to its biggest weekly gain in a
The local share market has hit another intraday record high and is all but certain to close at its highest level ever, eclipsing its previous best set eight weeks ago. At noon AEDT on Friday, the benchmark S&P/ASX200 index was up 48.6 points, or 0.57 per cent, to 8,542.3. It had been as high as […]
The new model's sudden rise sent global technology stocks crashing overnight, with leader Nvidia losing $592.7 billion in market capitalization, the biggest one-day loss for a Wall Street stock, according to data compiled by LSEG. Australia's data-centre market saw outsized investment last year as the AI boom drove a frenzied demand, with giants such as Nvidia pouring billions to build capacity.
The local share market failed to hang on to mid-session gains, closing in the red. It followed a technology rout on Wall Street, fuelled by the rapid rise of Chinese AI start up DeepSeek. Here's how the trading day played out, with insights from our business reporters.