The sharemarket was on track for its biggest one-day rise in seven months today, as investors responded positively to yesterday's sharp fall in stock prices, which followed the release of US Federal Reserve minutes showing growing concern ...
The benchmark S&P/ASX 200 has closed down 2.3 per cent at 4980.1, its biggest fall in nine months. More than $36 billion was wiped from the value of Australian shares in the market's largest one-day decline since May 18, pulling back from ...
Tags: Stocks, benchmark, Australian shares
French retail Groupe Casino has booked a slight drop in net profit for 2012, as a weaker performance from its domestic business was offset by a strong international showing. Full year underlying net profit was down 0.2% to EUR564m ...
Tags: Casino, retail Groupe, net profit
In Korea, O-Xylene prices went up in the week ending February 16, 2013. Overall, market sentiment improved and downstream demand increased. In the initial days of the week, prices were assessed at US$ 1580/ton higher by US$ 10/ton, as ...
Banks, property trusts, consumer staples and energy companies pushed the sharemarket to its highest close since September 2008, as investors digested earnings reports while awaiting the overnight release of minutes from the US Federal ...
Tags: Banks, property trusts, consumer staples, energy companies
The sharemarket rose to a multi-year high yesterday amid growing optimism about corporate earnings and continued weakness in the domestic bond market. Minutes from the Reserve Bank's February board meeting left the door open to more ...
Tags: Earnings, sharemarket, bond market
The Australian dollar rose after stock markets gained ground overnight, helped by the release of better than expected German economic sentiment data. At 6.30am AEDT the local unit was trading at 103.69 US cents, up from 103.29 cents at ...
The sharemarket was flat today after reaching a multi-year high amid mixed earnings reports, benign minutes from the Reserve Bank of Australia's January board meeting, and a lack of direction from US markets after Presidents' Day. ...
Tags: Stocks flat, earnings, sharemarket
The sharemarket resumed its upward march yesterday as corporate earnings encouraged investors to continue moving from cash and bonds to equities. The benchmark S&P/ASX 200 closed up 0.6 per cent at 5063.4 -- its highest since the ...
Tags: earnings, sharemarket, benchmark
The Australian sharemarket rose to a fresh four-and-a-half year high today as positive domestic earnings reports and further signs of improvement in the global economy encouraged investors to continue moving money from cash and bonds to ...
Tags: Australian sharemarket, earnings, equities
"We're probably seeing three times the volume of applications compared with this time last year," said Adrian Hanley, head of equity lending at NAB. "We have had a significant lift in new client activity in the fourth quarter of 2012." ...
Tags: Margin Lending, Stocks, Australia
Market sentiment was aided by news that China's Citic Resources was taking a big stake in Alumina. The benchmark S&P/ASX 200 closed up 0.7 per cent at 5036.9. This year it is up 8.3 per cent after rising 15 per cent in 2012. Trading value ...
Tags: Citic Resources, Alumina, stock market
A sharp rise in consumer confidence in February fuelled a strong bounce by the dollar yesterday. At 5pm AEDT, the currency was trading at $1.0339, up US0.84c, after touching an intraday high of $US1.0361. A survey published by Westpac ...
The Australian dollar was higher after rising to a two-week high, helped by a lift in metals prices and better local consumer sentiment data. At 6.30am AEDT the local unit was trading at 103.45 US cents, up from 103.39 cents at ...
Tags: Australian dollar, metals prices, consumer sentiment data
An unhealthy cash flow cycle exists among Australian businesses, with 62 per cent of accounts settled late and firms taking on average, 52 days to pay their bills, according to the latest Trade Payments Analysis by Dun & Bradstreet. The ...