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 suffered its sharpest one-day fall for two months yesterday after the US Federal Reserve said it could reduce its economic stimulus measures and China's manufacturing showed signs of contraction. "In the next few meetings ...
The local sharemarket fell in cautious trade yesterday before US Federal Reserve chairman Ben Bernanke's testimony to US congress and the release overnight of the minutes of this month's Fed board meeting. The benchmark S&P/ASX 200 closed ...
Tags: Sharemarket, Bernanke, US Congress
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 recorded its first two-day fall for the past two weeks yesterday as offshore sellers continued to pound the resources sector and share index futures on the back of weakening commodity prices and recent profit warnings in the ...
THE sharemarket rose the most in seven sessions after commodities and offshore equities saw some recovery from recent weakness caused by China's disappointing economic growth data, the collapse in gold prices and the Boston bombings. ...
Tags: economy
Equity fund managers marginally beat the market in the first quarter, with income-focused funds performing best as the global hunt for yield drives up stocks such as banks and property trusts. For the three months to the end of March, the ...
Tags: Yield, Equity Funds
Banks, property trusts, consumer staples and energy companies pushed the sharemarket to its highest close since September 2008, as investors digested earnings reports while awaiting the overnight release of minutes from the US Federal ...
Tags: Banks, property trusts, consumer staples, energy companies
Market sentiment was aided by news that China's Citic Resources was taking a big stake in Alumina. The benchmark S&P/ASX 200 closed up 0.7 per cent at 5036.9. This year it is up 8.3 per cent after rising 15 per cent in 2012. Trading value ...
Tags: Citic Resources, Alumina, stock market
The sharemarket jumped to a 21-month high as stronger than expected trade data for China boosted confidence in Australia's biggest trading partner, and as the Reserve Bank said it had scope for further interest rate cuts. Shares were also ...
Tags: sharemarket, Shares, benchmark
The Australian sharemarket rose to a 20-month high today as investors continued to buy banks, consumer staples, property trusts, healthcare and energy companies, while remaining hesitant on iron ore producers after spot iron ore prices ...
Tags: Stocks, Australian sharemarket, sharemarket
The Australian sharemarket rose yesterday as China's stronger-than-expected trade data fuelled hopes of an economic rebound for Australia's biggest trading partner. Fortescue Metals added 2.3 per cent after China reported a $US31.6 ...
Tags: sharemarket, China, trade data, stocks
The sharemarket ended a three-day losing streak yesterday as the latest earnings results from US aluminium giant Alcoa reassured investors in the resources-heavy domestic bourse, with high-yield and defensive sectors of the market well bid. ...
Tags: aluminium, Alcoa, market well bid, aluminium market
CITI has ended rival UBS's 11-year streak at the top of the stockbroking heap, as brokers warn that an imminent uptick in market activity is unlikely after the worst year since 2005. "I would say next year will be similar to this year in ...
Tags: CITI, an imminent uptick, stockbroking heap