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ASX (ASXFY) News Today

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$45.51 -0.36 (-0.78%)
As of 03:54 PM Eastern

Why is ASX Down Today?

ASX Limited (ASXFY) shares have edged higher today, supported by reduced bearish bets and sustained market momentum, despite some profit taking in key sectors.

  • Short interest plunged 66.7% in May, lowering the short-interest ratio to just 0.1 days and easing downward pressure.
  • The ASX 200 is holding near a three-month high after the Reserve Bank of New Zealand cut its cash rate, underlining resilient trading volumes.
  • La Trobe Financial launched its first ASX-listed investment product, adding a fresh issuer to the exchange.
  • Mixed sector news—from Fed approval of Woodside’s North West Shelf expansion to guidance updates—offers varied catalysts for activity.
  • The ASX 200 snapped a four-day winning streak as broader markets consolidated.
  • Profit taking in major bank stocks weighed on overall volumes and index performance.

Investors will be watching upcoming listings and trading data for further signals on ASXFY’s near-term direction.

Posted 3m agoAI Generated. May Contain Errors.

ASXFY Latest News

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ASXFY Media Mentions By Week

ASXFY Media Sentiment

Each headline receives a score ranging from 2 (good news) to -2 (bad news). Our company news sentiment scores track the average news sentiment of articles about each company over the most recent 7 days in order to identify companies that are receiving positive press.

ASXFY
News Sentiment

0.20

0.98

Average
Financial Services
News Sentiment

ASXFY News Coverage

We track news headlines from hundreds of news outlets and tag them by company. This chart compares the number of articles about this company in the last seven days compared with the average number of articles about this company on a typical week.

ASXFY Articles
This Week

49

24

ASXFY Articles
Average Week

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This page (OTCMKTS:ASXFY) was last updated on 5/28/2025 by MarketBeat.com Staff
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