The sharemarket pulled back yesterday as profit warnings in the mining services and consumer discretionary sectors continued to drag on sentiment. The benchmark S&P/ASX 200 closed down 0.6 per cent at 5180.1 points after falling to ...
Tags: Stocks, Mining Services Companies, Profit
The dramatic sell-off in resources stocks accelerated yesterday and the Australian dollar fell as investors focused on plunging gold and commodity prices and concerns about slowing growth in China. Goldminers again led the local ...
Tags: Markets Tumble, Resources Stocks
The sharemarket fell for a second consecutive day, with goldminers leading declines in cyclical sectors as the gold price rout continued in the wake of Monday's disappointing economic data from China, which added to recent concern about the ...
Tags: Goldminers, sharemarket
Goldmining stocks are sharply lower in early trading after the precious metal tumbled to a 21-month low at the end of last week, officially entering a bear market. Friday's sell-off in the yellow metal was triggered as prices broke below ...
The sharemarket resumed its upward march yesterday as corporate earnings encouraged investors to continue moving from cash and bonds to equities. The benchmark S&P/ASX 200 closed up 0.6 per cent at 5063.4 -- its highest since the ...
Tags: earnings, sharemarket, benchmark
THE sharemarket continued its climb yesterday, reaching a 17-month high on positive news from Europe as US politicians inched closer to a deal on the fiscal cliff crisis. Utilities, energy, industrials, telecommunications, materials and ...
Tags: Positive, News Fuels, politicians inched