•   
  •   

Money The ASX is marching to new 10-year highs

10:55  09 july  2018
10:55  09 july  2018 Source:   businessinsider.com.au

Clay Smith announces immediate retirement

  Clay Smith announces immediate retirement Western Bulldogs premiership player Clay Smith has retired immediately unable to overcome repeated knee problems.The Western Bulldogs premiership player's knee simply was not getting any better and he knew it never would.

Australian stocks continued their march higher, hitting 10 - year highs at the start of a new trading week. The ASX 200 briefly broke through the key 6301 point level. At the close, the index was at 6,286.00, up 13.70 points or 0.22%.

Independence Group NL ( ASX : IGO) has entered the top ten with short interest of 10 %. We've found three exciting companies that we believe re poised to perform in the new year . Click here to uncover these ideas!

Each of these companies is clearly being priced on revenue growth – and most of them are unprofitable. © (AAP Image/Paul Miller Each of these companies is clearly being priced on revenue growth – and most of them are unprofitable. Australian stocks continued their march higher, hitting 10-year highs at the start of a new trading week.

The ASX200 briefly broke through the key 6301 point level. A short time ago the index was at 6,287.50, up 15.20 points or 0.24%.

The market has gained almost 1.5% in little more than a week since the start of the new financial year.

The financial year closed with total returns on Australian shares (All Ordinaries Accumulation index) up by 13.7%

The ASX200 closed last week at new 10-and-a-half year high. A decade ago the ASX200 was at 5,011.90.

'Married At First Sight' star Zoe Hendrix shares heartbreak: 'I never thought that the man I love so much would one day walk away'

  'Married At First Sight' star Zoe Hendrix shares heartbreak: 'I never thought that the man I love so much would one day walk away' 'Married At First Sight' star Zoe Hendrix shares heartbreak: 'I never thought that the man I love so much would one day walk away'In an emotional essay on Instagram, the 29-year-old single mum opened up about her split from Alex.

Australian shares have hit a fresh ten - year high , with a surge in CSL stocks and gains for Wesfarmers helping the market overcome falls in energy and materials stocks. Most Recents. Female financial freedom: How women can take charge of their money at ev ASX to a new 10 - year high .

Jul 10, 2018, 10:47 AM. The ASX is marching to new 10 - year highs . Jul 9, 2018, 10:59 AM. All the major executive and board moves in ASX companies last week. Blenheim Partners.

Wall Street ended the week on a high with the S&P500 up 0.9% on Friday, its highest in two weeks, shrugging off news that the US and China imposed $US34 billion of tariffs on each other's exports, and instead focusing on better-than-expected growth US jobs.

Today on the local market, BHP was leading the rises, up 1.8% to $33.75. Rio Tinto added 1% to $80.60.

The banks all added weight with the Commonwealth up 1% to $76.46.

a close up of a map © Provided by Business Insider Inc

Aussie household incomes take another hit despite the boom .
The pattern of Australia's household income asks an interesting question: is it worse to have a financial crisis or a Coalition government?The bizarre thing is that this is happening while corporations are generating record profits, top end salaries are at all-time highs, Treasurer Scott Morrison is bragging about national income and the whole world is in a strong upswing in trade, jobs and economic growth. “Household gross disposable income” measures the cash Australian families and individuals receive from all sources — jobs, investments and other streams — after paying taxes and the Medicare levy.

—   Share news in the SOC. Networks

Topical videos:

This is interesting!