RBA hikes interest rates again, further rise(s) expected, hit to ASX 200
The Reserve Bank of Australia (RBA) has hiked the interest rate by another 0.25%, sending the S&P/ASX 200 Index (ASX: XJO) downwards.
Changes are happening - please bear with us while we update our site. Click here to give us your advice and feedback.
The S&P/ASX 200 Index (INDEXASX: XJO) is an Australian stock market index, created and maintained by Standard & Poor’s (S&P). It tracks the value of the 200 largest public companies ranked by their market capitalisation, adjusted for the shares that are actually available on the market. The S&P/ASX 200 will increase if enough companies see their share prices rise, and fall when they are sold down.
If you’re studying the stock market’s return over time, don’t forget about dividends. The XJO index does NOT include dividends paid by companies. If you want a more complete picture of the performance of Australian shares, use the S&P/ASX 200 Net Total Return Index (INDEXASX: XNT) index.
This chart shows performance of the index and S&P/ASX 200 Net Total Return (INDEXASX: XNT), which includes the impact of dividends being reinvested. The three most popular indices for Australian shares are the All Ordinaries (INDEXASX: XAO), S&P/ASX 200 Net Total Return (INDEXASX: XNT), and S&P/ASX 200 (INDEXASX: XJO).
The Reserve Bank of Australia (RBA) has hiked the interest rate by another 0.25%, sending the S&P/ASX 200 Index (ASX: XJO) downwards.
S&P/ASX 200 (INDEXASX: XJO) fell 0.1 per cent on Tuesday with Beach Energy Ltd (ASX:BPT) going down. Buffett has bought into Taiwan’s TSMC.
The S&P/ASX200 (INDEXASX: XJO) gained another 0.4 per cent on Tuesday with a broad-based rally managing to overcome a selloff in the energy sector. The staples and utilities sectors were strongest gaining 1.3 and 1.4 per cent, with healthcare and financials not far behind. Energy, however, fell by more than 2.3 per cent on a weaker oil price and talk of further intervention.
The S&P/ASX 200 (INDEXASX: XJO) managed a small gain on Wednesday, adding 0.1 per cent, as strength in the energy and materials sectors offset losses in property. Rio Tinto Limited’s (ASX:RIO) interest in Turquoise Hill has got investors thinking.
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.
The S&P/ASX200 (INDEXASX: XJO) rose 0.3% on Wednesday as the Megaport Ltd (ASX: MP1) share price dived and Pilbara Minerals Ltd (ASX:PLS) share price rises.
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.
There aren’t too many ASX 200 Index (ASX:XJO) shares that I’d gladly buy for my portfolio. But I’d go for the two in this article.
The ASX share market is seeing more ups and downs than a yo-yo. I think this is an opportune time to invest.
The Reserve Bank of Australia (RBA) has hiked the interest rate by another 0.25%, sending the S&P/ASX 200 Index (ASX: XJO) downwards.
S&P/ASX 200 (INDEXASX: XJO) fell 0.1 per cent on Tuesday with Beach Energy Ltd (ASX:BPT) going down. Buffett has bought into Taiwan’s TSMC.
The S&P/ASX200 (INDEXASX: XJO) gained another 0.4 per cent on Tuesday with a broad-based rally managing to overcome a selloff in the energy sector. The staples and utilities sectors were strongest gaining 1.3 and 1.4 per cent, with healthcare and financials not far behind. Energy, however, fell by more than 2.3 per cent on a weaker oil price and talk of further intervention.
The S&P/ASX 200 (INDEXASX: XJO) managed a small gain on Wednesday, adding 0.1 per cent, as strength in the energy and materials sectors offset losses in property. Rio Tinto Limited’s (ASX:RIO) interest in Turquoise Hill has got investors thinking.
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.
The S&P/ASX200 (INDEXASX: XJO) rose 0.3% on Wednesday as the Megaport Ltd (ASX: MP1) share price dived and Pilbara Minerals Ltd (ASX:PLS) share price rises.
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.
There aren’t too many ASX 200 Index (ASX:XJO) shares that I’d gladly buy for my portfolio. But I’d go for the two in this article.
The ASX share market is seeing more ups and downs than a yo-yo. I think this is an opportune time to invest.