India's largest phthalic anhydride producer, IG Petrochemicals, now plans to complete the expansion of its PA plant at Taloja by mid-2013, a year later than initially scheduled, a company source said Monday. The reason for the delay is ...
Tags: phthalic anhydride producer, IG Petrochemicals, Chemicals
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 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 sharemarket has closed at its highest point since September 2008, led by the major banks. At 4.15pm AEDT, the benchmark S&P/ASX 200 index had risen 29.5 points, or 0.59 per cent, to 5063.4 points, while the broader All Ordinaries ...
Tags: Stocks, sharemarket, Ordinaries index
Weakness among the big miners was offset by gains in finance companies and defensive sectors. Despite the flat trade, Australian stocks have posted their fifth consecutive weekly gain. The benchmark S&P/ASX200 index closed down three ...
The sharemarket jumped to a 21-month high as stronger than expected trade data for China boosted confidence in Australia's biggest trading partner, and as the Reserve Bank said it had scope for further interest rate cuts. Shares were also ...
Tags: sharemarket, Shares, benchmark
The Insulating Glass Manufacturers Alliance will be releasing a new document to assist the industry in providing the proper technical procedures for multiple-cavity insulating glass units. The document is titled Design Considerations for ...
The Australian sharemarket pulled back in late trading but still closed slightly higher, with investors unfazed by Julia Gillard announcing that the next federal election would be on September 14. At 4.15pm AEDT, the benchmark S&P/ASX 200 ...
Tags: Australian sharemarket, currency, economy
The sharemarket rose for a 10th consecutive day, extending its longest winning streak since October 2003, as an improving global economic outlook continued to fuel demand for equities before the conclusion of a US Federal Reserve board ...
The Australian sharemarket closed half a percentage point higher as investors chased higher-yielding financial stocks. At the close today, the benchmark S&P/ASX 200 index was 25.0 points, or 0.52 per cent higher at 4835.2, while the ...
Tags: Stocks, sharemarket, financial stocks
The sharemarket climbed again yesterday, closing the week on a high on good news from home and abroad and supported by investors seeking stocks with high dividend yields. The benchmark S&P/ASX 200 closed up 0.5 per cent at 4835.2 points, ...
Tags: stocks, sharemarket, financial stocks
Stocks advanced to a new 21-month high yesterday, led by the banking and telecommunications sectors, as investors continued to chase higher-yielding investments. The market, which began the day sluggishly following a disappointing report ...
Tags: Stocks, banking sectors, telecommunications sectors, China
The sharemarket rose yesterday, led by BHP Billiton after its first-half production report broadly met expectations. Australia's big four banks climbed on speculation that interest rates may drop further. The benchmark S&P/ASX 200 ...
Tags: sharemarket, BHP, banks
The Australian sharemarket closed higher after BHP Billiton's production report exceeded expectations and weak inflation figures drove up high-yielding stocks. At the close today, the benchmark S&P/ASX 200 index was up 8.7 points, or 0.18 ...
Tags: Stocks, inflation, sharemarket