- Location
CommSec
"-
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
-
Australian Shares Are One Per Cent Higher as Egypt Uncertainty Lifts Oil Price
Jul 5, 2013AUSTRALIAN shares are one per cent higher as the military overthrow of Egyptian president Mohamed Morsi boosts the price of crude oil and shares in energy companies. The strong gains continue the volatility on the market, with shares ...
Tags: Market Rises, economy, stock
-
Australian Dollar Came Under a Fresh Wave of Selling
Jun 6, 2013The Australian dollar came under a fresh wave of selling yesterday on news of weaker-than-expected economic growth in the first quarter, which reignited talk of further rate cuts this year. Government figures showed gross domestic product ...
Tags: Australian Dollar, Rate Cuts
-
Stocks Wipe More Than $32 Billion From The Stockmarket
May 28, 2013A SHOCK contraction in Chinese manufacturing and the prospect that the US Federal Reserve could soon unwind its quantitative easing measures rocked local markets yesterday, pushing the Australian dollar close to an annual low and wiping ...
-
Dollar Continued to Test Fresh 11-Month Lows as Economic Outlook Damps Sentiment
May 16, 2013The dollar continued to test fresh 11-month lows, extending a week-long decline built on rising concerns about the outlook for the resources-rich economy and renewed strength in the US dollar. Late today, the Aussie was trading at ...
Tags: Dollar Down, Service, Economic Outlook
-
Australian Dollar Tumbled Almost Two US Cents to Its Lowest Level
May 13, 2013The Australian dollar tumbled almost two US cents to its lowest level in more than 11 months and could move back below parity with the greenback in the next 24 hours. The currency fell to 100.47 US cents early today, its lowest level ...
Tags: Australian Dollar, currency
-
Australians Are More Likely to Travel Interstate Than Overseas as Dollar Plunges
May 13, 2013Chinese economic policy and an improving US economy appear to have achieved what the Reserve Bank couldn't this week: taking the wind out of Australia's plucky currency, which fell to 11-month lows in early trading yesterday and is expected ...
-
Sharemarket Surged to Its Highest Closing Level in Almost Five Years
May 9, 2013The sharemarket surged to its highest closing level in almost five years yesterday, with the materials sector leading relatively broad-based gains after China reported stronger than expected trade data, Wall Street hit record highs and spot ...
Tags: Stocks, China Data
-
Sharemarket Has Opened More Than 1 Per Cent Higher
May 7, 2013The sharemarket has opened more than1 per cent higher after strong US jobs numbers pushed American stocks to a record high and helped miners outperform the market. At 10.30am AEST the benchmark S&P/ASX200 index was up 54.5 points, or 1.06 ...
Tags: US Jobs Data, Service
-
Sharemarket Closed Slightly Weaker as Investors Sold off Defensive
Apr 11, 2013The sharemarket has closed slightly weaker as investors sold off defensive and high-yielding financial stocks after a couple of days of gains. At the close today, the benchmark S&P/ASX200 index was down 8.8 points, or 0.18 per cent, at ...
Tags: Stocks
-
Australian Market Is Expected to Open Lower Today After Falls on Wall Street and in Europe
Apr 8, 2013Australian investors will be keeping an eye out for Chinese and US economic data this week, as well as any developments in North Korea. The Australian market is expected to open lower today after falls on Wall Street and in Europe. The ...
-
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
-
Australian Stocks Have Opened Firmer with a Recovery Among The Big Miners
Mar 27, 2013Australian stocks have opened firmer, with a recovery among the big miners leading the broader market higher. At 10.49am AEDT, the benchmark S&P/ASX200 index was up 11.7 points, or 0.24 per cent, at 4961.6 points. The broader All ...
-
Sharemarket Lost 2% as Spooked Investors Sold off Local Stocks Amid Plans for Cypriot
Mar 18, 2013The sharemarket lost 2 per cent as spooked investors sold off local stocks amid bailout plans for Cyprus. At the close today, the benchmark S&P/ASX200 index was down 104.8 points, or 2.05 per cent, at 5015.4. The broader All Ordinaries ...
Tags: Cyprus, spooked investors, stocks
-
Shares in Commonwealth Bank Soared Above $70 to a New Record
Mar 12, 2013Shares in Commonwealth Bank soared above $70 to a new record yesterday as the local stocks hit a 4 1/2-year high after encouraging US non-farm payrolls data suggested the world's biggest economy was recovering. Strength in defensive and ...
Tags: Shares, stocks, sharemarket