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Arpit Nayak

Australia shares trade flat as tech slide offsets commodity gains

Feb 22 2021

Feb 23 Australian shares traded little changed on Tuesday as gains in miners and energy firms on stronger commodity prices countered losses in tech stocks following a weak lead from U.S. peers.

Australia's Treasury Wine to overhaul business, sell assets as Chinese tariffs bite

Feb 16 2021

Treasury Wine Estates plans a major overhaul of its business that includes the likely sale of low priority brands and other assets, aiming to gain at least A$300 million ($230 million) as it reels from the impact of steep Chinese tariffs on Australian wine.

UPDATE 2-Australia's JB Hi-Fi says sales remain strong as profit soars on online sales boom

Feb 14 2021

Feb 15 JB Hi-Fi Ltd said strong sales have continued into January after posting an 86% rise in first-half profit on Monday, driven by a surge in online sales as consumers spent heavily on electronics amid COVID-19 lockdowns.

Australia shares fall as miners, health stocks weigh

Feb 03 2021

* Origin Energy eyes worst day in over 10 months on gloomy outlook

Financials lift Australian shares higher on c.bank's upbeat economic outlook

Feb 02 2021

Feb 3 Australian shares rose on Wednesday, as financials led gains boosted by the central bank's upbeat economic outlook, while investors awaited a speech by its governor Philip Lowe later in the day.

Australia shares rise on tech-led Wall Street rebound; c.bank policy meeting in focus

Feb 01 2021

Feb 2 Australian shares rose on Tuesday, following an overnight tech-led rebound on Wall Street, while investors awaited the outcome of the country's central bank's policy meeting later in the day.

Australia shares hit 2-mth low on vaccine rollout woes, subdued Wall Street

Jan 31 2021

Feb 1 Australian shares touched a two-month low on Monday, hit by concerns over coronavirus vaccine rollouts and a sluggish economic recovery, following a Wall Street rout last week due to a clash between hedge funds and retail investors.

Australia shares end at 11-month high as jobs data fans optimism

Jan 21 2021

* ASX200 just over 300 points short of record pre-pandemic peak

Australia shares pare gains as health stocks offset U.S. stimulus boost

Jan 15 2021

* NZ index sees worst weekly loss in 10 months (Updates to close)

Bumper jobs data, U.S. stimulus bets push Australia shares higher

Jan 13 2021

* Energy stocks end at 10-month high, near pre-pandemic levels

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