Lock-up shares worth nearly 9 billion yuan (1.4 billion U.S. dollars) will become eligible for trade on China's stock markets in the coming trading week. The mainland's Shanghai and Shenzhen stock markets are closed on Monday for the ...
Tags: Lock-up shares, stock markets
This week produced a mixed picture for trade for John Lewis, with the overall outcome a sales increase on last year of 6.3%. Although the continuing unseasonable warm weather had an impact, online sales were strong at 25.9% up on last year, ...
Tags: Furniture, John Lewis, Furnishing
The Platts Japan Korea Marker for May delivery trended down 45 cents/MMBtu over the Asian trading week, closing at $14.95/MMBtu Friday, as supply for the month began to outweigh demand. Sellers were forced to reduce May offers from the ...
Tags: LNG, electricity producer, JKM
Two trades for mid-calorific value imported thermal coal for delivery to ports in South China were heard in the seaborne market during Friday's Asia trading session, supporting prices, said market sources. The Platts/Fenwei CFR South ...
Tags: thermal coal, Mineral
It was a shortened trading week due to the Christmas holiday, and ICE cotton futures started the week non eventful, but finished it with three digit gains. The H4 contract topped over 85 cents and reached a two and a half month high during ...
Tags: Cotton Futures, Textile
A small upturn in prices for sub-5,000 kcal/kg NAR Chinese thermal coal on perceived stirrings of restocking activity for the upcoming northern hemisphere winter and some market tightness was seized on by traders Friday. South China ...
Tags: Coal, Metallurgy, Mineral, Energy
After 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 ...
The Platts June LNG Japan Korea Marker ended the Asian trading week down 15 cents/MMBtu at $14.85/MMBtu, as abundant June cargo availability and limited demand continued to weigh on prices. The June JKM rolled over Tuesday at ...
Tags: Asia Spot LNG, Platts June JKM
THE Australian dollar sits below 104 US cents heading into the start of the local trading week. At 6.30am AEST, the Australian dollar was at 103.63 US cents, down about half a cent from Friday's local close of 104.15 US cents. During ...
Tags: Australian Dollar
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
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
The 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
Platts April LNG Japan Korea Marker ended the Asian trading week at $17.875/MMBtu, down 32.5 cents/MMBtu, as North Asian spring demand subsided along with expectations of temperatures warming up in the period. The one-month weather ...
Tags: LNG, gas, market view
The local sharemarket is set to open slightly higher today following modest gains on overseas markets. CommSec economist Craig James said there were no great drivers for the local market after mixed results on Wall Street. "It's going ...
Tags: CommSec, sharemarket, oil price, gold price, iron ore
Sainsbury's has booked a 3.9% increase in quarterly sales, boosted by the supermarket group's "strongest ever" Christmas trading period. During the three months to 5 February, like-for-like sales increased by 1.5%. The same-store gain ...
Tags: Sainsbury, quarterly sales, supermarket group, Christmas trading period