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Mining Stocks
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Uranium Prices Are at Their Lowest Level in Nearly Eight Years
Sep 13, 2013Uranium prices are at their lowest level in nearly eight years, as investors and utilities give up on a quick revival for nuclear power. The market for the radioactive fuel hasn't recovered from the 2011 earthquake and tsunami that ...
Tags: Chemicals, Metallurgy, Mineral, Energy, Uranium
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Australian Shares Fall as Investors Nervously Wait for an Update on Economic Stimulus
Jun 18, 2013Australian shares have fallen as investors nervously wait for an update on economic stimulus measures in the US. The benchmark S&P/ASX200 index was down 11.5 points, or 0.24 per cent, at 4814.4. The broader All Ordinaries index was down ...
Tags: Australian Shares, Investors
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Sharemarket to Open Significantly Lower After Heavy Falls on Wall Street
Jun 3, 2013The sharemarket is set to open significantly lower after heavy falls on Wall Street on Friday night. But encouraging manufacturing data out of China on the weekend could provide a boost for mining stocks. At 7am AEST, the June share ...
Tags: Sharemarket, Wall Street
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Australian Stocks Finished Lower as Investors Sold off Mining Stocks
Jun 3, 2013Australian stocks finished lower as investors sold off mining stocks due to weaker commodity prices. The benchmark S&P/ASX200 index was 38.3 points, or 0.78 per cent, lower at 4888.3 points, while the broader All Ordinaries index was 40.3 ...
Tags: Commodity Price, Rio Tinto, BHP Billiton
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Australian Shares Opened Half a Percentage Point Weaker as Mining Stocks Fall
Jun 3, 2013Australian shares have opened half a percentage point weaker as falling commodity prices hit mining stocks, and banking shares rally. At 10.30am AEST, the benchmark S&P/ASX200 index was down 26.6 points, or 0.54 per cent, at 4900 points. ...
Tags: Stocks, Mining Stocks
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Australian Stocks Are Weaker , Hitting an Eight-Week Low
May 30, 2013Australian stocks are weaker at noon, hitting an eight-week low following a sharp drop in business investment. The benchmark S&P/ASX200 index dropped to its lowest point since April 5 after official figures showed a 4.7 per cent ...
Tags: Stocks, Investment
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Sharemarket Is Led by Investors Picking up Cheaper Mining Stocks After Heavy Selling
May 20, 2013The 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 ...
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Sharemarket Finished Lower as Weaker Commodity Prices Weighed
May 17, 2013THE 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
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Sharemarket Falls as Offshore Sellers Continued to Pound The Resources Sector
May 17, 2013THE 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 ...
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Sharemarket Was Higher Despite Weakness Among Major Resources Stocks
May 15, 2013The 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
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Local Shares Rose Slightly as Lower Australian Dollar Led Investors to Sell Banks
May 13, 2013Local 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. ...
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Investors Will Watch Australian Dollar Closely Following Its Drop of Nearly US2c
May 13, 2013Investors will be watching the Australian dollar closely this week following its drop of nearly US2c late last week to just above parity with the greenback. The Australian currency closed in US trading on Friday at $US1.0017 after briefly ...
Tags: economy
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Sharemarket Has Closed at Its Best Level in Almost Five Years
May 9, 2013The sharemarket has closed at its best level in almost five years, driven by record US market highs and positive Chinese trade data. The benchmark S&P/ASX200 index closed up 56.1 points, or 1.09 per cent, at 5199.8 points. The broader ...
Tags: CMC Markets, economy
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Sharemarket Closed Lower But Recovered Some Ground After Reserve Bank Cut Cash Rate
May 8, 2013The sharemarket closed lower but recovered some ground after the Reserve Bank cut the cash rate to a record low. At the close today, the benchmark S&P/ASX200 index was down 12.5 points, or 0.24 per cent, at 5143.7 points. The broader ...
Tags: Banks, Record Rate Cut
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Stockmarket Has Opened Slightly Higher
Apr 27, 2013The stockmarket has opened slightly higher, boosted by stronger mining stocks on the back of improved prices for commodities. At 10.31am AEST the benchmark S&P/ASX200 index was up 17.6 points, or 0.34 per cent, at 5120.0 points. The ...
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