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Origin Energy Ltd (ASX: ORG) is one of Australia’s leading energy retailers, with substantial operations ‘upstream’ (i.e. in electricity generation and storage). Origin also operates a range of renewable energy projects, such as wind farms and solar panel farms. It’s also the leading gas producer in Australia.
Here’s today’s The Match Out report from Market Matters’ James Gerrish. Key point: the S&P/ASX 200 (INDEXASX: XJO) finished up +1.01% to 7040.60.
The Origin Energy Ltd (ASX:ORG) share price is up close to 5% after the takeover of the ASX energy share was approved.
The Australian share market closed broadly flat on Tuesday, with both the S&P/ASX200 (ASX: XJO) and All Ordinaries (ASX: XAO) falling 5 and 9 points, respectively.
Australia’s S&P/ASX 200 (INDEXASX: XJO) futures in Sydney are pointing to a strong, positive open for the Aussie market on Monday morning. The Whitehaven Coal Ltd (ASX: WHC) share price and Megaport Ltd (ASX: MP1) share price are in focus.
A strong lead-in from Wall Street gave solid impetus to the Australian market on Tuesday, and the result was a lift of 114.8 points, or 1.7 per cent, in the benchmark S&P/ASX 200 (INDEXASX: XJO) Index, to 6779.2; while the broader S&P/ASX All Ordinaries (ASX: XAO) index added 121.9 points, or 1.8 per cent, to 6976.2. The ASX 200 is off to a positive start on Wednesday morning.
The S&P/ASX 200 (INDEXASX: XJO) delivered another positive day on Tuesday despite growing recession concerns as Myer shares made headlines.
Tax-loss selling hit the S&P/ASX 200 (INDEXASX: XJO) and All Ordinaries (ASX: XAO) on Thursday, the final day of the financial year, with the market sinking close to 1 per cent into the close to finish 2 per cent lower.
The S&P/ASX 200 (INDEXASX: XJO) and All Ordinaries (INDEXASX: XAO) delivered an unexpectedly positive day on Tuesday, with the CBA share price jumping, reversing a run of losses to post a 1.4 per cent gain. Could the ASX 200 be primed for a bounce-back?
The Australian share market, otherwise known as S&P/ASX 200 (INDEXASX: XJO) or All Ordinaries (INDEXASX: XAO), continued on a downward trend on Wednesday, to open the month of June by falling 0.8 per cent.