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Australian Sharemarket
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Resource Shakes off Slowdown in Chinese to Help Australian Sharemarket Finish Higher
Jul 25, 2013Resource companies have shaken off a slowdown in Chinese manufacturing to help the Australian sharemarket finish higher. At 4.15pm AEST, the benchmark S&P/ASX200 index was up 18 points, or 0.36 per cent, at 5035.1. The broader All ...
Tags: Chinese Woes
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The Australian Sharemarket Is Expected to Open Lower
Jun 17, 2013The Australian sharemarket is expected to open lower today as local investors practise caution ahead of expectations the US Federal Reserve could wind back its third round of bond purchases. Despite posting a late surge at the end of last ...
Tags: Investors, Fed Meeting, Sharemarket
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Renewed Demand for Banking Stocks Has Driven The Overall Australian Sharemarket Higher
Jun 17, 2013Renewed demand for banking stocks has driven the overall Australian sharemarket higher. The benchmark S&P/ASX200 index was up 34.1 points, or 0.71 per cent, at 4825.9. The broader All Ordinaries index was up 29.5 points, or 0.62 per ...
Tags: Banking Stocks, Sharemarket
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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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Sharemarket Rose for a Third-Consecutive Session After Dollar Weakened Further Overnight
May 15, 2013The 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
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Fewer Executives Are Planning to Make a Capital Investment in Their Business
Apr 3, 2013Fewer executives are planning to make a capital investment in their business during the coming months, with investment expectations among Australian businesses fading in the lead-up to the middle of the year. Amid a broad drop-off in ...
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Australian Share Market Closed Slightly Higher Due to Strength Among Financial Stocks
Apr 3, 2013THE Australian share market closed slightly higher due to strength among financial stocks. The gains came as the Reserve Bank of Australia held the cash rate at three per cent, equal to its lowest level on record. CommSec market analyst ...
Tags: economy
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Australian Sharemarket Rose with Financial Sector Accounting for Much of The Strength
Mar 26, 2013THE Australian sharemarket rose yesterday, with the financial sector accounting for much of the strength, after eurozone finance ministers approved a new agreement on Cyprus and the so-called troika of international lenders. The benchmark ...
Tags: economy
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S&P/ASX 200 Closed up 0.2% at 4967.3 Points After Hitting a Six-Week Low of 4927.9
Mar 23, 2013The benchmark S&P/ASX 200 closed up 0.2 per cent at 4967.3 points after hitting a six-week low of 4927.9. Financials and consumer staples lent support, with ANZ, Westpac, NAB, Woolworths and Wesfarmers up 0.8 per cent to 1.5 per cent. ...
Tags: economy
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Australian Sharemarket Closed Higher After The Release of a Bumper Trade Report in China
Mar 8, 2013THE Australian sharemarket closed higher, boosted by mining stocks after the release of a bumper trade report in China. IG Markets analyst Stan Shamu said the local bourse narrowly missed posting a fresh four-year high, despite a late ...
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Australian Sharemarket Finished Lower, Despite Some Resilience in The Resources
Mar 8, 2013The Australian sharemarket has finished lower, despite some resilience in the resources and materials sector. Options XPress market analyst Ben Le Brun said the local market had bounced back in afternoon trade as investors looked ahead ...
Tags: Australian sharemarket, financial space, Australian economy
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Australian Sharemarket Roared Back as Retail Sales Firm
Mar 6, 2013The Australian sharemarket roared back yesterday, recovering most of its 75-point loss on Monday, after a US Federal Reserve official reiterated the central bank's commitment to quantitative easing, local retail sales exceeded expectations ...
Tags: sharemarket, benchmark, Share trading value
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Local Sharemarket Retreated From a 4 1/2-Year High
Mar 4, 2013The local sharemarket retreated from a 4 1/2-year high yesterday before last-minute budget talks at the White House aimed at avoiding $US85 billion ($83bn) of automatic US spending cuts, the so-called sequester, which were due to take ...
Tags: sharemarket, Shares, benchmark
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Australian Sharemarket Retreated From a Four-and-a-Half Year High
Mar 4, 2013The Australian sharemarket retreated from a four-and-a-half year high before last-minute budget talks at the White House aimed at avoiding $US85 billion of automatic spending cuts, the so-called sequester, due to start taking effect today ...
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Australian Stocks Were Lower Early After Below-View Chinese Manufacturing Data
Mar 4, 2013Australian stocks were lower early today after below-view Chinese manufacturing data, while Japanese shares took pause at the end of a violent week of trading. Chinese manufacturing data was the main data point today, with the official ...
Tags: sharemarket, shares, US dollar