The sharemarket surged to its highest closing level in almost five years yesterday, with the materials sector leading relatively broad-based gains after China reported stronger than expected trade data, Wall Street hit record highs and spot ...
Tags: Stocks, China Data
Australian government bonds will be traded on the Australian Securities Exchange from May 21. The new arrangement will allow investments in Treasury Bonds and Treasury Indexed Bonds in the form of CHESS Depository Interests (CDIs). ...
Tags: ASX Trade, Government Bonds
Australian stocks recovered from a steep intraday fall to close only marginally lower yesterday, as the Reserve Bank cut interest rates to a record low. The benchmark S&P/ASX 200 closed down 12.5 points, or 0.2 per cent, at 5143.7, after ...
Tags: Stocks Lift, Australian stocks
The sharemarket has opened more than1 per cent higher after strong US jobs numbers pushed American stocks to a record high and helped miners outperform the market. At 10.30am AEST the benchmark S&P/ASX200 index was up 54.5 points, or 1.06 ...
Tags: US Jobs Data, Service
Local shares closed higher yesterday, even after paring a sharp rise early on in the session, as investors took profits ahead of an interest rate decision due from the Reserve Bank of Australia today. The stockmarket was buoyed by growing ...
Tags: Local shares, US Jobs Growth
The sharemarket pared an early rise as profit-taking emerged before the release of US non-farm payrolls data due overnight. Strong earnings results from Westpac and Macquarie Group, together with a jump in resources stocks, initially ...
The Toyota Corolla has moved within striking distance of the Mazda 3 at the top of the sales charts after a dominant month in April. The Corolla notched up 3504 sales last month, easily accounting for the Mazda 3, which managed just 2842 ...
Tags: Car Sales, great wall
Shares were punished yesterday as investors worried about resources stocks being hit by global economic concerns, and the dollar was also sharply lower on the increased likelihood of an imminent cut in the official cash rate. The ...
Tags: Aussie Dollar, economy
The Australian Securities & Investments Commission's plan to discourage high-frequency traders from using "dark pools" has been criticised by industry superannuation funds. Industry Super Network head of regulatory policy Zak May told a ...
ANZ Bank's better than expected half-year result yesterday was the trigger for a buying scramble in the big four banks that single-handedly pushed Australia's major sharemarket index up 65 points, or 1.2 per cent, to a five-year high of ...
Local stocks rose 0.6 per cent today as investors piled into banks to take advantage of their dividend yields, and amid optimism that the country's biggest lenders would report rising profits this week and next. The benchmark S&P/ASX 200 ...
Tags: Local stocks, Stockmarket
Australian shares finished the month with strong gains as the benchmark S&P/ASX 200 climbed to a five-year high after ANZ Bank's $3 billion-plus half-year profit dragged its shares to a record $31.84. ANZ's result pushed up other ...
Tags: Market Gauge, ANZ Gains
AN outage at the Australian Stock Exchange that prevented the release of company announcements on the ASX website has been resolved. Company announcements are now going live again on the ASX website, along with the backlog of this ...
Local shares finished the month with strong gains as ANZ led a rise in banks after its dividend and earnings exceeded expectations. Stronger offshore markets helped although analysts and fund managers were wary of overseas events that ...
Tags: Bouyant ANZ, Bank Shares Higher
BUOYANT global equities boosted the Australian dollar today, with traders betting that European and US central banks will this week reaffirm commitment to easy money policies designed to boost asset prices and stoke growth. Australia's ...
Tags: Australian Dollar, economy