ASX 200

2022 - 6 - 14

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Why is the Imugene share price one of the biggest ASX 200 fallers ... (Motley Fool Australia)

The Imugene Limited (ASX: IMU) share price is struggling despite positive news headlines today. What's going on with this ASX 200 share?

The Imugene share price is the worst performer of the S&P/ASX 200 Health Care (ASX: XHJ) index today. The Imugene share price is suffering on Tuesday despite a positive headline relating to the trial of the company’s CF33-hNIS therapy. The Imugene Limited (ASX: IMU) share price is struggling on Tuesday despite the company’s silence.

ASX LIVE: ASX plunges 5pc in broad sell-off (The Australian Financial Review)

ASX dives 4.7pc as all 11 sharemarket sectors tumble; banks extend decline; investors eye jumbo Fed rate rise; UBS cuts growth forecast.

Its June EBITDA margin is expected to exceed 20 per cent. Alex Gluyas Alex Gluyas Alex Gluyas Just two stocks on the entire benchmark rose. Alex Gluyas The Atlassian co-founder is now worth $US10.3 billion, according to Bloomberg’s billionaires index. Alex Gluyas Alex Gluyas Traders are also monitoring MicroStrategy, whose big bet on bitcoin is backfiring. A range of other tokens from Ether to Avalanche were also nursing losses.

Australian sharemarket live: Tens of billions wiped off ASX as ... (ABC News)

The Australian share market has plunged on global fears of rising interest rates in the US. Follow live with business reporter Sue Lanin to unpack what it ...

So, essentially, Australia relies on the rest of the world for its economic functioning, so when Wall Street sneezes, we get a cold. We are also a major commodity exporting nation so when commodity prices fall, the Australian share market falls. Aggressive interest rate hikes make the cost of borrowing more expensive. Bears hibernate, so bears represent a market that’s retreating, said Sam Stovall, chief investment strategist at CFRA. So there is a gyration on that front. By Jessica Riga By Jessica Riga By Jessica Riga By Jessica Riga By Jessica Riga By Jessica Riga By Jessica Riga

Is this a stock market crash for ASX 200 shares? (Motley Fool Australia)

The S&P/ASX 200 Index (ASX: XJO) has shed a painful 4.7% today, and is now back around 6600 points. Are we in a stock market crash?

But as it currently stands, the ASX 200 is still avoiding a full-on crash. To be in a crash, the ASX 200 would have to descend to around 6,106 points. The last true stock market crash was the infamous ‘COVID crash’ of 2020. The current ‘correction’ we are experiencing could get worse, of course. It is generally accepted that for a market downturn to be called a stock market crash, it must involve a fall of 20% or more from the most recent market peak. So the ASX 200 last peaked at 7,632.8 points back in August 2021.

Why is the IAG share price smashing the ASX 200 today? (Motley Fool Australia)

The ASX 200 has had a clanger so far today. But the Insurance Australia Group Ltd (ASX: IAG) share price is defying the market...

We think IAG’s turnaround is on track, and this should lead to strong earnings growth over the next 12 months. Last week, we also covered the views of David Cassidy, head of investment strategy at Wilsons. He singled out IAG as his pick of the ASX insurers. IAG started the day deep in the red, opening at just $4.02 a share after closing at $4.18 last week. But while most ASX 200 shares have copped a commensurate beating alongside the ASX 200, that is most certainly not the case for the Insurance Australia Group Ltd (ASX: IAG) share price. Considering the ASX 200 is down by 4.14%, this means that the IAG share price is outperforming the market by more than 4% – a mean feat for any share at any time. This insurance company is actually in the green, up 0.12% so far today to $4.18 a share.

Aussie share market wipes more than $110 billion in value plunge (9News)

Wall Street was officially dubbed a "bear market" overnight, which in economic terms means prices are falling and investors are feeling encouraged to sell. A ...

The information has been prepared without taking into account your personal objectives, financial situation or needs. The information provided on this website is general in nature only and does not constitute personal financial advice. Jefferies joined Barclays on Monday in predicting that the Federal Reserve would hike rates by three-quarters of a percentage point, an action the Fed hasn't taken since 1994. The Nasdaq was down by 4.7 per cent and has tumbled more than 10 per cent in the past two trading sessions. Today's results on the local index follow those of Wall Street overnight, where soaring inflation in the US has fuelled fears of an economic recession. TheAustralian sharemarketshed almost $90 billion in value in a horror day as investors eye the implication of Wall Street entering a "bear market".

Analysis: ASX 200 plunges amid a 'sea of red' (Sky News Australia)

The ASX 200 has plunged on Tuesday morning by around 5 per cent. Sky News Business Reporter Ed Boyd assessed the falls seen on the Australian share market.