Category : Stock Market


ASX Drops 5% as Oil Nears $100, US Markets Slump

The Australian Securities Exchange plunged more than five percent in opening trade, mirroring overnight losses on US markets, with oil prices hovering near $100 a barrel adding to investor anxiety.

ASX Energy Stocks Jump 30% on US-Iran War Fears

Australian energy companies listed on the ASX have seen share prices rise by as much as 30% following escalating tensions between the US and Iran, which have driven up global oil prices and market volatility.

ASX 200 Freefall on Middle East War Uncertainty

The Australian share market experienced a sharp decline as the S&P/ASX 200 index fell significantly due to heightened uncertainty from the Middle East conflict, impacting global markets and investor confidence.

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