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
AUSTRALIAN stocks are set to rise today after the US avoided falling over its fiscal cliff -- at least for now -- and iron ore prices unexpectedly ended the year in positive territory. US tax and spending cuts due to start on January 1 ...
Tags: US, tax, spending cuts, market confidence
The Australian sharemarket has opened higher with traders focusing on late gains made in the US session rather than the fact leaders there are yet to agree on avoiding the looming fiscal cliff. At 1045 AEDT,the benchmark S&P/ASX200 index ...
Tags: Fiscal Cliff, index rose, Stocks, share price
The Australian sharemarket closed higher yesterday as US President Barack Obama cut short his Christmas holiday to return to Washington for talks aimed at avoiding the so-called fiscal cliff. Locally,investors remained optimistic that ...
Tags: Stock, sharemarket, tax, bank
THE Australian sharemarket hit a fresh 17-month high today as US lawmakers inched closer to a deal on the fiscal cliff problem. Utilities, energy, industrials, telecommunications, materials and financial stocks mostly rose despite some ...
Tags: Investor Sentiment, fiscal, cliff problem
THE Australian sharemarket finished on a 16-month closing high as progress with the US fiscal cliff negotiations led to across the board gains for local stocks. At the close,the benchmark S&P/ASX200 index was up 21.8 points,or 0.48 per ...
THE Australian sharemarket fell slightly in quiet trading today as global equity markets awaited the outcome of negotiations to avoid the so-called fiscal cliff that threatens to slow the US economy next year unless lawmakers reach ...
THE Australian sharemarket is set to fall today after world markets dropped on concerns about stalled budget negotiations in the United States. At 7.10am AEDT the December share price index futures contract was down 12 points at 4,578. ...