FEAR & GREED | Business News Afternoon Report | ASX worst month since 2022
4 snips
Mar 31, 2026 Markets skid as the ASX posts its worst month since 2022 with sector swings and energy pullbacks. Gold and miners rally amid shifting rate expectations. A high‑profile IPO enjoys a strong debut while a major quickfire art theft shocks Italy. A high-value legal claim and a fast food chain reshapes its footprint add corporate drama.
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ASX Volatility Driven By Geopolitics And Rate Moves
- Australian markets swung violently as geopolitical headlines and US rate expectations moved sentiment within a single session.
- The S&P/ASX 200 fell as much as 0.5%, rallied to +1% then closed +0.3%, while March ended down 7.8%, its worst month since mid-2022.
Koala IPO Debut And Growth Plan
- Koala's IPO provided a rare bright spot with the stock jumping from $3.40 to $3.80 on debut.
- The furniture brand raised $68 million to repay debt and expand beyond direct-to-consumer and fast delivery since its 2015 founding.
Legal Claims Crush ARN Share Price
- High-profile legal claims can swiftly hit media company valuations, as seen with ARN after Jackie O's suit.
- ARN faces at least $82 million claimed by Jackie O and a separate action from Kyle Sandilands, sending the share price down ~19%.