Central Appalachian thermal coal prices fell for a fourth consecutive session on Wednesday, pushing front-year calendar prices to multi-year lows. Both the CAPP barge physical and rail (CSX) swap contracts traded lower in a mid-afternoon ...
Tags: Chemicals
The Australian share market has outperformed others in the Asian region, as strength in the banking sector pushed it higher. Commonwealth Bank shares closed at a record high, and its three rivals also posted strong gains. That helped ...
Tags: share market
Resource 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
The Australian share market has again nudged above the 5,000 point mark but fell away in afternoon trade to end only slightly higher. Financial and energy stocks were the best performers, with other sectors mixed. Energy giant Woodside ...
Tags: Stocks, Edge Higher
Strength in the resources sector has pushed Australian shares higher, although the market lost some ground after China's finance minister lowered expectations for the country's economic growth. The S&P/ASX200 index passed 5000 points in ...
Tags: China Gloom, Miners
Australian shares have gained ground as investors took a cautiously optimistic stance ahead of a keenly awaited update on economic stimulus measures in the US. The benchmark S&P/ASX200 index was up 47 points, or 0.98 per cent, at 4861.4. ...
Tags: Stocks, US Fed Meeting
Australian shares have fallen as investors nervously wait for an update on economic stimulus measures in the US. The benchmark S&P/ASX200 index was down 11.5 points, or 0.24 per cent, at 4814.4. The broader All Ordinaries index was down ...
Tags: Australian Shares, Investors
Renewed 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
The sharemarket closed more than 1 per cent lower as weak GDP figures prompted investors to dump banking stocks. At the close today, the benchmark S&P/ASX200 index was down 65.6 points, or 1.34 per cent, at 4835.2. The broader All ...
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 are weaker at noon, hitting an eight-week low following a sharp drop in business investment. The benchmark S&P/ASX200 index dropped to its lowest point since April 5 after official figures showed a 4.7 per cent ...
Tags: Stocks, Investment
A US commodity trading house has filed a class-action lawsuit in New York against BP, Shell and Statoil, the three European oil companies being investigated by the European Commission for suspected manipulation of oil prices. The oil ...
Tags: Chemicals, Metallurgy, Mineral, Energy
Australian shares have suffered another sharp fall, losing $26 billion more in value to close down 3.8 per cent for the week, the biggest weekly fall in a year. At 4.15pm AEST, the benchmark S&P/ASX200 index was down 78.9 points, or 1.56 ...
The S&P/ASX200 has closed down 2 per cent at 5062.4, as slower Chinese manufacturing activity in May combined with signs that the US Federal Reserve could start rolling back its bond-buying program to send the local sharemarket to its ...
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