The sharemarket broke a five-day losing streak, as Japan's sharemarket stabilised and S&P500 futures pointed to modest gains on Wall Street. Resources stocks remained jittery after recent signs of weakness in China, while banks and ...
Tags: Stocks, sharemarket
US natural gas prices will remain stable in the $3-$4/MMBtu range for the rest of the year, three-quarters of the global energy executives surveyed by consulting firm KPMG said in a poll released Friday. "Greater assurance of supply ...
Tags: Energy, Metallurgy, Mineral, natural gas
THE sharemarket recorded its first two-day fall for the past two weeks yesterday as offshore sellers continued to pound the resources sector and share index futures on the back of weakening commodity prices and recent profit warnings in the ...
The sharemarket rose for a third-consecutive session after the dollar weakened further overnight. Non-resources companies with US dollar income remained in demand, although commodity price falls restrained the resources sector. The ...
Tags: Stocks, Aussie Fall
In keeping with the austerity push that has been a hallmark of the broking sector since the global financial crisis erupted, Wilson HTM's staff last month vacated their digs - and harbour views - at Sydney's Governor Phillip Tower. In ...
Tags: Listed Brokers, Market Rebound
The sharemarket rose for a third consecutive session yesterday after the Australian dollar weakened further in offshore trade. Non-resources companies with US-dollar income remained in demand, although commodity price falls restrained the ...
Tags: Bourse, Greenback Exposure
The sharemarket consolidated yesterday as high-yield plays reacted negatively to reduced hopes of further interest rate cuts following the release of stronger-than-expected domestic jobs statistics. Meanwhile, profit-taking pushed ...
Tags: Rates Forecast, economy
The inability to secure finance is a significant barrier to SME winning tenders in the resources industry, a new report commissioned by Australia’s export credit agency (EFIC) has found. The survey of 2,000 Australian SME showed ...
Tags: Finance, SME Growth
The sharemarket has closed 0.7 per cent lower, with concerns about global economic growth pulling down resources stocks. The benchmark S&P/ASX200 index was down 36.2 points, or 0.7 per cent, at 5130.0 points. The broader All Ordinaries ...
Tags: Resources Stocks, economy
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 sharemarket drifted in patchy trade to close marginally lower yesterday, rounding out an otherwise positive week that was characterised by improving sentiment towards the resources sector. BHP Billiton rose 2.8 per cent and Rio Tinto ...
Tags: Bourse, Resources Recover
TELSTRA shares hit a five-year high yesterday as investors flocked to high-yield stocks in the telco and banking sectors to protect against dramatic sell-offs in resources stocks. Shares in the nation's dominant telco soared to their ...
THE technology employment sector is expected to strengthen in the second quarter, with hiring experts forecasting a turnaround in the market. Hays senior regional director Peter Noblet said "positivity and growth" would return in Q2. ...
Tags: Job Market, economy
In another time the $5.07 billion price tag for NSW ports sold last Friday might have been the sort of deal to get a roll on for the market's deal junkies. After all, it's not often the market estimates for the price -- $2.5bn to $3bn -- ...
Tags: NSW, market estimates
The Australian share market has opened firmer after markets in the United States pushed to new highs. On Wall Street overnight, investors were buoyed by a government report pointing to lower-than-expected jobless claims. The Dow Jones ...
Tags: Australian share market, economy