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Australian Shares Gained Ground as Investors Took a Cautiously Optimistic Stance

Jun 19, 2013

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 Stocks Finished Lower as Investors Sold off Mining Stocks

Jun 3, 2013

Australian stocks finished lower as investors sold off mining stocks due to weaker commodity prices. The benchmark S&P/ASX200 index was 38.3 points, or 0.78 per cent, lower at 4888.3 points, while the broader All Ordinaries index was 40.3 ...

Tags: Commodity Price, Rio Tinto, BHP Billiton

Sharemarket Has Closed 0.7 Per Cent Lower

May 3, 2013

The sharemarket has closed 0.7 per cent lower, with concerns about global economic growth pulling down resources stocks. The benchmark S&P/ASX200 index was down 36.2 points, or 0.7 per cent, at 5130.0 points. The broader All Ordinaries ...

Tags: Resources Stocks, economy

Shares Were Punished as Investors Worried About Resources Stocks Being Hit

May 3, 2013

Shares were punished yesterday as investors worried about resources stocks being hit by global economic concerns, and the dollar was also sharply lower on the increased likelihood of an imminent cut in the official cash rate. The ...

Tags: Aussie Dollar, economy

Sharemarket Rose with Consumer Staples and Financials Leading a Broad-Based Recovery

Mar 18, 2013

The sharemarket rose this morning, with consumer staples and financials leading a broad-based recovery following lower-than-expected US jobless claims data. At 11.30am AEDT, the benchmark S&P/ASX200 was up 1 per cent at 5081.9 points. The ...

Tags: Stocks, sharemarket, benchmark

Sharemarket Weakened After an Early Rise

Mar 13, 2013

The sharemarket weakened after an early rise, as resources companies declined on uncertainty about China's growth outlook and Goldman Sachs downgraded the resources sector from overweight to neutral. Further gains in high-yield and ...

Tags: sharemarket, Stock, defensive stocks

Shares in Commonwealth Bank Soared Above $70 to a New Record

Mar 12, 2013

Shares 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

Sharemarket Recorded Its Biggest One-Day Fall

Feb 22, 2013

The sharemarket recorded its biggest one-day fall for nine months after minutes from the US Federal Reserve's recent policy-setting meeting revealed unease about the bank's stimulus efforts. The benchmark S&P/ASX 200 closed down 2.3 per ...

Tags: Stocks, sharemarket, share

Weakness in Materials Stocks Helped Drive The Market Modestly Lower

Jan 30, 2013

Weakness in materials stocks helped drive the market modestly lower, as both the Dow Jones Industrial Average and Standard & Poor's 500 took a step back from multi-year highs. The Dow slid 14.05 points, or 0.1 per cent, to 13881.93, ...

Tags: WEAKNES, materials stocks, sharemarket

Sharemarket Ended The Year on a Sour Note, Falling for The First Time in Four Days

Jan 6, 2013

The sharemarket ended the year on a sour note, falling for the first time in four days as the continuing US fiscal policy impasse weighed on market sentiment. However, the sell-off was limited by improved manufacturing data from China and ...

Tags: Local Stocks, Fears, US, Fiscal Impasse

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