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Local Stocks
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Japan Spot Aluminum Premiums Rise to $90-$100/Mt Plus LME CIF
Dec 16, 2015Platts assessed spot aluminum premiums on a CIF Japan basis at $90-$100/mt plus London Metal Exchange cash on Tuesday, up from $90-$95/mt plus LME cash on Monday as sellers held on to higher premiums. Two overseas sellers said they would ...
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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 ...
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Investors Will Be Hoping for Some Economic Cheer From China
May 28, 2013After a torrid trading week that saw more than $30 billion wiped off local stocks and the Australian dollar slide further, investors will be hoping for some economic cheer from China this week to offset further confirmation that Australia's ...
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Stockmarket Opened Lower After Comments Suggested Stimulus Activity May Soon Be Eased
May 24, 2013THE stockmarket opened lower after comments the Federal Reserve overnight suggested stimulus activity in the US may soon be eased. At 10.34am AEST the benchmark S&P/ASX200 index was down 44.5 points, or 0.86 per cent, at 5120.9 points. ...
Tags: economy
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Investors Took Cues From Positive Finish on Wall Street
May 20, 2013The sharemarket closed stronger, up 1 per cent during the day but eased to about 0.5 per cent higher by the finish. At the close, the benchmark S&P/ASX200 index was up 28.2 points, or 0.54 per cent, at 5209 points. The broader All ...
Tags: Wall Street, Sharemarket
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Stocks Rose 0.6 Per Cent as Investors Piled Into Banks to Take Advantage of Dividend Yield
May 2, 2013Local stocks rose 0.6 per cent today as investors piled into banks to take advantage of their dividend yields, and amid optimism that the country's biggest lenders would report rising profits this week and next. The benchmark S&P/ASX 200 ...
Tags: Local stocks, Stockmarket
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S&P/ASX200 Has Fallen 0.3 Per Cent to 4899.6 After Hitting Two-Month Low
Apr 5, 2013The S&P/ASX200 has fallen 0.3 per cent to 4899.6 after hitting a fresh two-month low of 4893.8 in mixed trading before tonight's US jobs data. Materials and industrials stocks have recovered at the expense of defensive and high-yield ...
Tags: Local Stocks, Service, economy
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Australian Stocks Have Opened Firmer with The Big Supermarket Chains
Apr 2, 2013Australian stocks have opened firmer, with the big supermarket chains and energy companies leading the broader market higher. At 10.26am AEDT, the benchmark S&P/ASX200 index was up 25 points, or 0.5 per cent, at 4991.5 points. The ...
Tags: Australian stocks, Stocks, benchmark
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Flare-up in Europe's Debt Crisis Sent Sharemarket to Its Second-Largest Sell-off
Mar 19, 2013A Flare-up in Europe's debt crisis has sent the sharemarket to its second-largest sell-off in nine months as investors fret about a run on European banks. After a bull run for local stocks since June in a period of relative calm in ...
Tags: Europe's debt crisis, economy, Cyprus
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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
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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
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Local Shares Finished Strongly as Japanese Shares Pushed Higher
Mar 12, 2013The sharemarket finished more than 0.4 per cent higher following a wave of investor enthusiasm in Japan and the US. CommSec market analyst Juliette Saly said local shares finished strongly after a slow start as Japanese shares pushed ...
Tags: stocks, sharemarket, shares
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Stockmarket Traded Lower as Trade Figures Pulled Shares Back From Modestly Positive Start
Mar 8, 2013The stockmarket traded marginally lower as disappointing trade figures pulled shares back from a modestly positive start. IG Markets market strategist Stan Shamu said the Australian market had opened slightly higher, but had descended ...
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Sharemarket Has Shot up by More Than 1.5 Per Cent
Mar 6, 2013The sharemarket has shot up by more than 1.5 per cent at noon, with investors using yesterday's falls to lap up cheaper stocks. CMC Markets chief market analyst Ric Spooner describes it as a relief rally following Monday's decline. The ...
Tags: Stocks, sharemarket, ANZ
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$36 Billion Was Wiped From The Value of Australian Shares
Feb 22, 2013The benchmark S&P/ASX 200 has closed down 2.3 per cent at 4980.1, its biggest fall in nine months. More than $36 billion was wiped from the value of Australian shares in the market's largest one-day decline since May 18, pulling back from ...
Tags: Stocks, benchmark, Australian shares
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