The Australian share market fell today as Japan's share market succumbed to profit taking, reports from Orica and Santos disappointed the market, and some traders predicted a sharp fall in the US share market. Investors were sidelined ...
Tags: Japan Fall, US Worries
THE Australian share market has closed slightly lower as investors wait for an update on economic stimulus measures in the US from that country's top central banker. A strong production report from BHP Billiton boosted sentiment in the ...
Tags: share market, economy
The Australian share market has again nudged above the 5,000 point mark but fell away in afternoon trade to end only slightly higher. Financial and energy stocks were the best performers, with other sectors mixed. Energy giant Woodside ...
Tags: Stocks, Edge Higher
ENCOURAGING signs for the housing sector have driven a rise in banking shares, which pushed the market to a fifth straight day of gains. The release of China's latest economic growth figure of 7.5 per cent - in line with expectations - ...
Tags: housing sector, economy
AUSTRALIAN shares are one per cent higher as the military overthrow of Egyptian president Mohamed Morsi boosts the price of crude oil and shares in energy companies. The strong gains continue the volatility on the market, with shares ...
Tags: Market Rises, economy, stock
The Australian share market has closed strongly, posting its biggest gain in a single day so far this year. Strong overnight gains in US stocks after positive retail and jobless data and reports suggesting stimulus measures there were not ...
Tags: Stock Market
THE Australian share market extended its losses today as investors continued to move their money offshore amid concerns about a weak global economy. The ASX closed lower for the 12th day in 16 trading sessions, representing a fall in ...
Tags: Share Market, Global Economy
George R Hoguet, General Manager and global investment strategist of State Street Global Advisors said that China economy growth in the next half year will be almost the same as the first one's, maintain 7.5%. China economy has achieved a ...
Tags: Soft Landing, China Economy
The sharemarket was flat in mixed trading today, with resources companies down on the back of concern about China's economy, and banks and telecommunications mostly up on account of their high dividend yields. Citi upgraded its year-end ...
The Australian dollar has continued to fall due to investor caution and falls in commodity prices. At 7am AEST the local unit was trading at 96.42 US cents, down from 96.79 cents on Friday. Since 5pm AEST on Friday, the Australian dollar ...
Tags: Australian, Dollar, Commodity Prices
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
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
THE Australian share market is trading higher, boosted by a solid performance from US markets and expectations interest rates may fall following disappointing local jobs figures. The local bourse was buoyed by stronger markets on Wall ...
AUSTRALIAN shares have opened slightly higher, buoyed by resource stocks . IG Markets Stan Shamu said resource stocks were benefiting from a rise in commodity prices following disappointing US employment data, which had pushed the US ...
The latest ABS Retail Trade figures show that Australian retail turnover rose 1.3 per cent in February 2013, seasonally adjusted, following a rise of 1.2 per cent in January 2013. Through the year, Australian retail turnover rose 4.6 per ...
Tags: ABS Retail Trade, retail