THE Australian share market extended its losses today as investors continued to move their money offshore amid concerns about a weak global economy. The ASX closed lower for the 12th day in 16 trading sessions, representing a fall in ...
Tags: Share Market, Global Economy
Australian shares have opened half a percentage point weaker as falling commodity prices hit mining stocks, and banking shares rally. At 10.30am AEST, the benchmark S&P/ASX200 index was down 26.6 points, or 0.54 per cent, at 4900 points. ...
Tags: Stocks, Mining Stocks
Australian stocks have closed flat, with a strong day from the major miners offset by weakness among the banks. The local market took its cues from a positive finish on Wall Street, opening up about 0.3 per cent, but slid into the close ...
Tags: Bank, Sharemarket
The sharemarket opened the week with a solid gain yesterday on signs of recovery in the US economy ahead of Federal Reserve chairman Ben Bernanke's monetary policy testimony on Wednesday (US time) before the joint economic committee of ...
Tags: Sharemarket, Solid Gain
The 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
THE sharemarket finished lower as weaker commodity prices weighed on the nation's biggest mining stocks. At 4.15pm AEST, the benchmark S&P/ASX200 index was down 26 points, or 0.5 per cent, at 5165.7 points, while the broader All ...
Tags: economy
Local shares rose slightly in mixed trading yesterday as a lower Australian dollar led investors to sell banks and other high-yield plays in order to buy shares of companies that stand to benefit from a sustained fall in the exchange rate. ...
Local 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
The sharemarket rose 0.6 per cent yesterday as investors piled into banks to take advantage of their dividend yields, amid optimism the country's biggest lenders would report rising profits this week and next. The benchmark S&P/ASX 200 ...
Tags: sharemarket, Investors Banking
THE Australian market has opened higher, with gains in all sectors but retail. RBS Morgans private client adviser Bill Bishop said the market was off to a promising start considering it had only received modest overseas leads. "Here, we ...
Tags: economy
A BRIGHTER end to what was a torrid week for mining stocks helped carry the sharemarket to a modest 0.2 per cent gain yesterday. After making a bold start, the benchmark S&P/ASX 200 index drifted lower throughout the trading session, only ...
Tags: economy
BHP Billiton, Rio Tinto and Woodside Petroleum jumped between 1.4 per cent and 3.5 per cent after commodities including copper, oil and iron ore rose between 0.6 per cent and 1.3 per cent early yesterday. Among iron ore pure plays, ...
Tags: economy
The Australian share market dived to a two-month low today, mirroring declines in offshore markets after disappointing private-sector jobs data cast doubt on expectations of moderate growth in US non-farm payrolls data due tomorrow. ...
Tags: Market Slips, share market, RBS Morgans
Australian 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
The sharemarket closed lower today, dragged down by the four big banks. At the close of trade, the benchmark S&P/ASX200 index was down 25.5 points, or 0.5 per cent, at 5092.4. The All Ordinaries index was down 24.2 points, or 0.47 per ...
Tags: sharemarket, four big banks, trade