The sharemarket suffered its sharpest one-day fall for two months yesterday after the US Federal Reserve said it could reduce its economic stimulus measures and China's manufacturing showed signs of contraction. "In the next few meetings ...
The local sharemarket fell in cautious trade yesterday before US Federal Reserve chairman Ben Bernanke's testimony to US congress and the release overnight of the minutes of this month's Fed board meeting. The benchmark S&P/ASX 200 closed ...
Tags: Sharemarket, Bernanke, US Congress
The sharemarket opened the week with a solid gain yesterday on signs of recovery in the US economy ahead of Federal Reserve chairman Ben Bernanke's monetary policy testimony on Wednesday (US time) before the joint economic committee of ...
Tags: Sharemarket, Solid Gain
The sharemarket closed stronger, up 1 per cent during the day but eased to about 0.5 per cent higher by the finish. At the close, the benchmark S&P/ASX200 index was up 28.2 points, or 0.54 per cent, at 5209 points. The broader All ...
Tags: Wall Street, Sharemarket
The sharemarket has closed higher, led by investors picking up cheaper mining stocks after heavy selling in recent days. At the close today, the benchmark S&P/ASX200 index was up 15.1 points, or 0.29 per cent, at 5180.8. The broader All ...
The sharemarket rebounded yesterday after two days of losses, as the dollar tumbled again and government bond yields also fell. The benchmark S&P/ASX 200 closed up 0.3 per cent at 5180.8 after hitting an intraday high of 5194.9. However, ...
Tags: Stocks, Dollar, Bond Yields
SHARES in the nation's mining services contractors were hit again yesterday on the back of UGL's profit downgrade and stock price plunge, which prompted analysts to cut earnings and price targets for the engineering company. UGL slipped ...
THE sharemarket finished lower as weaker commodity prices weighed on the nation's biggest mining stocks. At 4.15pm AEST, the benchmark S&P/ASX200 index was down 26 points, or 0.5 per cent, at 5165.7 points, while the broader All ...
Tags: economy
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
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 was higher despite weakness among major resources stocks as investors waited for the federal budget. Most major sectors were up at noon, with information technology shares leading the way and despite a dip in the energy ...
Tags: Australian Market, Mining Stocks
The sharemarket ended flat yesterday as companies with offshore earnings and high-yield stocks returned to favour, offsetting weak demand for resources. Investors' recent enthusiasm for resources was dampened by further declines in ...
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 ...
Members of five trade unions employed at the Port Waratah Coal Services shipment facility for coal exports at Newcastle port in eastern Australia have called a four-hour strike next Wednesday in an escalation of their industrial dispute ...
Tags: PWCS, Coal Terminals
Local shares rose slightly in mixed trading yesterday as a lower Australian dollar led investors to sell banks and other high-yield plays in order to buy shares of companies that stand to benefit from a sustained fall in the exchange rate. ...