High-profile stockbroker Charlie Aitken has weighed into the debate around the Australian dollar, saying that a wave of hedge funds could be set to short the currency and the biggest winners would be industrial stocks, not resources. As ...
Tags: Australian Dollar, Charlie Aitken
The sharemarket was hammered yesterday after Chinese economic data missed market expectations, adding to pressure from a slump in commodity prices that followed the release of disappointing US retail sales and consumer confidence data on ...
Tags: sharemarket, economy
US stocks dropped as a last-minute bailout deal for Cyprus kicked up worries that deposits across Europe could become future targets of international creditors. The Dow Jones Industrial Average dropped 64.28 points, or 0.4 per cent, to ...
But passing the half-way mark of this interim profit season, we now have proof that his real error was putting a super-profits tax on the wrong industry. While profits were sliding at Rio Tinto, OZ Minerals and Wesfarmers' coal division, ...
Tags: Stocks, investment, Australia
Investors are betting the Australian market index can continue to push decisively beyond the 5000 mark for the first time in seven years as results from some of the blue-chip stocks and a rise in consumer confidence lent support to another ...
Tags: blue-chip stocks, Australia, investment
The man from WAM has done it again. Fund manager Geoff Wilson has once again blitzed The Australian's field of assorted share-watching luminaries to win our 2012 stock tipping comp, with an average 34 per cent gain across his 10 individual ...
The Australian sharemarket fell the most in five weeks today, with financial, material and industrial stocks leading the decline as global equity markets lost upward momentum following strong gains last week on the resolution of the US ...
Tags: Australian sharemarket, global equity markets, Australia, Shares
The sharemarket had it biggest fall in five weeks yesterday, with financial, material and industrial stocks leading the decline as global equity markets lost momentum following strong gains last week after the resolution of the US ...
Tags: sharemarket, financial, material, industrial stocks, global equity markets
The past week has been rough on industrial stocks. They have taken the brunt of the pain from a raft of unpleasant economic data, including slow jobs growth and weak regional manufacturing data. A possible deceleration in China is also ...