The Australian sharemarket had its strongest day in almost two weeks yesterday, outstripping minor gains on Wall Street as strength in healthcare stocks, banks, telecommunications and consumer discretionary companies offset a drop among ...
Tags: Australia, sharemarket, Wall Street
The Australian sharemarket closed half a per cent higher, buoyed by the big banks and a major restructure by Boral, one of the nation's biggest manufacturers. At the close today, the benchmark S&P/ASX 200 index was 21.8 points, or 0.46 ...
Tags: Stocks, Australian sharemarket, share price
Companies and their legal advisers have urged the Australian Securities Exchange to limit the social media outlets they need to monitor for stories and rumours as part of its overhaul of market disclosure requirements. BHP Billiton, the ...
The Australian sharemarket closed marginally lower after investors decided to reap their profits later in the day. At the close today, the benchmark S&P/ASX 200 index was down 3.1 points, or 0.07 per cent at 4716.6, while the broader All ...
Tags: Australian sharemarket, investment, economy
The Australian sharemarket limped to a flat close after a dovish speech from Federal Reserve chairman Ben Bernanke and a strong production report from Rio Tinto failed to dissuade investors from taking profits following strong gains in ...
Tags: Australian sharemarket, Rio Tinto, economy
Australian shares rose slightly yesterday as global equity markets remained supported by tentative signs of improvement in China's economy. Fund managers tipped continued yield-based demand for Australian equities in particular, although ...
Tags: China, shares, global equity markets, economy
The Australian market closed higher after a day of consolidation with gains across most of the board. At the close today the benchmark S&P/ASX200 index was up 10.2 points, or 0.22 per cent at 4719.7, while the broader All Ordinaries index ...
Tags: Australian market, gains, consolidation
The Australian sharemarket rose yesterday as China's stronger-than-expected trade data fuelled hopes of an economic rebound for Australia's biggest trading partner. Fortescue Metals added 2.3 per cent after China reported a $US31.6 ...
Tags: sharemarket, China, trade data, stocks
Tropical cyclone Narelle which is forecast to strike Western Australia's Pilbara region,an area rich in mineral and energy sources,has caused the closing of ports and evacuation of workers at mining sites and drilling platforms,according to ...
Tags: tropical cyclone, iron ore, mining, trade
The Australian sharemarket closed higher, following an afternoon run on the back of economic data from China showing exports rose by 14.1 per cent. At the close, the benchmark S&P/ASX200 index was 14.9 points, or 0.32 per cent higher at ...
Tags: Shares, China exports, sharemarket, Ordinaries index
The Australian sharemarket closed higher to end a three day run of losses and defy market falls in the US and Europe. At the close today, the benchmark S&P/ASX200 index was 17.9 points, or 0.38 per cent, higher at 4708.1, while the ...
Tags: Australia, sharemarke, US, Europe
The sharemarket ended a three-day losing streak yesterday as the latest earnings results from US aluminium giant Alcoa reassured investors in the resources-heavy domestic bourse, with high-yield and defensive sectors of the market well bid. ...
Tags: aluminium, Alcoa, market well bid, aluminium market
Woodside Petroleum's Browse LNG project could end up being developed in a lower-cost environment after 2014, now that the joint venture partners are aligned for the first time, analysts at the Hong Kong office of Bernstein Research said in ...
Tags: Woodside Petroleum, Browse LNG project, commercial development
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 sharemarket struggled to gain traction yesterday as investors traded cautiously after seven straight weeks of gains. The benchmark S&P/ASX 200 closed down 6.5 points,or 0.1 per cent,at 4717.3.It hit a 19-month high of 4750.7 in early ...
Tags: sharemarket, stocks, heavyweight stocks, fiscal