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Get expert investment analysis on the Australian stockmarket, economy and property from Rask Media’s chosen fund managers, selected analysts and writers. Stay up to date with your preferred experts by creating a free Rask account.

Uncharted territory for the Australian market

The benchmark S&P/ASX 200 (INDEXASX: XJO) closed up 80.5 points, or 1.1 per cent, to 7,680.7 – 51.8 points, or 0.7 per cent, above the previous closing record of 7,628.9 points, which was reached in August 2021. The broader All Ordinaries (INDEXASX: XAO) index added 77.8 points, or 1 per cent, to 7,912.8.

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7-Up for S&P/ASX 200 (INDEXASX:XJO)

The benchmark S&P/ASX 200 (INDEXASX: XJO) index added 21.8 points, or 0.3 per cent, to 7600.2 at the closing bell, with seven out of the 11 sectors finishing in the green. The All Ordinaries (INDEXASX: XAO) edged up 0.3 per cent.

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Should I sell my Core Lithium (ASX:CXO) shares?

The Core Lithium Ltd (ASX: CXO) share price was down 75.5% in 2023, following an 81.3% decline in the lithium price during the year. However, the latest news on 5 January 2024 spooked investors and resulted in a further 18% decline.  Is it time to sell before Core Lithium (CXO) goes to zero?

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Oil and gas lifts local market on Monday

The S&P/ASX 200 (INDEXASX: XJO) closed up 23 points, or 0.3 per cent, to 7578.4, around 50 points shy of its all-time high reached in August 2021. The broader All Ordinaries (INDEXASX: XAO) gained 23.1 points, also 0.3 per cent, to 7,808.3.

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CPI test ahead

Annual core inflation dropped to 2.9%, and if we used rents on new housing leases – rather than the (lagging) average rent on all housing leases in the calculation – annual core inflation would already be close to the Fed’s 2% target level.

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Uncharted territory for the Australian market

The benchmark S&P/ASX 200 (INDEXASX: XJO) closed up 80.5 points, or 1.1 per cent, to 7,680.7 – 51.8 points, or 0.7 per cent, above the previous closing record of 7,628.9 points, which was reached in August 2021. The broader All Ordinaries (INDEXASX: XAO) index added 77.8 points, or 1 per cent, to 7,912.8.

Listen now

7-Up for S&P/ASX 200 (INDEXASX:XJO)

The benchmark S&P/ASX 200 (INDEXASX: XJO) index added 21.8 points, or 0.3 per cent, to 7600.2 at the closing bell, with seven out of the 11 sectors finishing in the green. The All Ordinaries (INDEXASX: XAO) edged up 0.3 per cent.

Listen now

Should I sell my Core Lithium (ASX:CXO) shares?

The Core Lithium Ltd (ASX: CXO) share price was down 75.5% in 2023, following an 81.3% decline in the lithium price during the year. However, the latest news on 5 January 2024 spooked investors and resulted in a further 18% decline.  Is it time to sell before Core Lithium (CXO) goes to zero?

Listen now

Oil and gas lifts local market on Monday

The S&P/ASX 200 (INDEXASX: XJO) closed up 23 points, or 0.3 per cent, to 7578.4, around 50 points shy of its all-time high reached in August 2021. The broader All Ordinaries (INDEXASX: XAO) gained 23.1 points, also 0.3 per cent, to 7,808.3.

Listen now

CPI test ahead

Annual core inflation dropped to 2.9%, and if we used rents on new housing leases – rather than the (lagging) average rent on all housing leases in the calculation – annual core inflation would already be close to the Fed’s 2% target level.

Listen now
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