The stockmarket was awash with fresh optimism that the dollar may finally be on a sustained decline as it plays catch-up to the fall in interest rates and commodity prices, reversing a major earnings headwind several sectors have faced for ...
The dollar remained below parity with the greenback as speculation about a winding back of US quantitative easing buoyed the American currency. The Australian dollar fell below 100 US cents shortly after 9am AEST today, repeating its ...
Tags: Australian Dollar, US Currency
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
Bad weather and the pressures of the high street have hit Greggs’ sales, leading the retail baker to issue a profits warning. In its interim management statement issued to the stockmarket today (April 29), the company said its own ...
Tags: Greggs, Profits Warning
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
Bad weather and the pressures of the high street have hit Greggs’ sales, leading the retail baker to issue a profits warning. Like-for-like sales in Greggs' shops were down In its Interim Management statement issued to the ...
Tags: Greggs Issues, Food
The stockmarket has opened slightly higher, boosted by stronger mining stocks on the back of improved prices for commodities. At 10.31am AEST the benchmark S&P/ASX200 index was up 17.6 points, or 0.34 per cent, at 5120.0 points. The ...
Najran Cement has agreed a deal to buy a 30% stake in Projects Supply Company - a transport and logistics specialist. The cement producer has said that the deal will allow it to better serve its own customer base as well as allowing it to ...
The prospects for Australia's biggest commodities export continue to worsen in the eyes of forecasters, with the federal government's forecaster wiping $66 billion from expected iron ore export revenue out to 2016-17 and leading global ...
Tags: iron ore export revenue, sharemarket, share
The stockmarket has fallen by almost 1.5 per cent due to concerns about a bailout of Cyprus and falls on Wall Street. A European Union bailout of Cyprus had scared investors and led to a negative opening on the Australian market, IG ...
Tags: stockmarket, Australian market, euros
The corporate regulator must not employ a one-size-fits-all approach to dark trading to ensure it stamps out harmful levels of activity in so-called "dark pools" without removing some of the benefits of trading away from exchanges, ...
Tags: trading practice, Securities, Investments
The stockmarket traded marginally lower as disappointing trade figures pulled shares back from a modestly positive start. IG Markets market strategist Stan Shamu said the Australian market had opened slightly higher, but had descended ...
SMILES have replaced the frowns on stockbroking dealing desks, as the rallying sharemarket and low interest rates drive investors back to equities. "There's no doubt we're busier than any other time post the GFC for secondary market ...
Tags: SMILES, sharemarket, market trading
The stockmarket pushed past the key 5000 level for the first time in almost three years and stayed there, after strong earnings results and a surge in consumer confidence suggested deep interest-rate cuts were doing the job of bolstering ...
Tags: stockmarket, Australia, net profit
The sharemarket closed at its highest level in 20 months yesterday as consumer staples, consumer discretionary, financial, energy and healthcare sectors enjoying strong gains as investors were frustrated with a lack of significant dips in ...
Tags: sharemarket, stocks, consumer staples