tag:blogger.com,1999:blog-86001039648850006582011-11-27T16:53:48.870-08:00Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comBlogger14921100tag:blogger.com,1999:blog-8600103964885000658.post-78911741549336464002011-11-17T15:17:00.001-08:002011-11-17T15:17:53.182-08:00

THE Australian market looks set to open higher, following a positive lead from Wall Street which turned up, after a flat opening, on some positive data on the US economy. At 0630 AEDT today, the December share price index futures contract was up five points at 4,312. In economic news, the Westpac-Melbourne Institute Leading Indexes of Economic Activity for November is released, as is the

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-69716185662820768172011-11-16T15:16:00.001-08:002011-11-16T15:16:23.850-08:00

A BIT of positive data on the US economy gave stocks a boost Tuesday, as traders brushed off new figures showing stalling European economic growth. The Dow Jones Industrial Average added 17.41 (0.14 per cent) to 12,096.39 in closing trade. The broad-based S&P 500 gained 6.02 (0.48 per cent) to 1,257.80, while the tech-heavy Nasdaq Composite rose 28.98 (1.09 per cent) to 2,686.20. US data

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-8737057308016650792011-11-15T15:23:00.001-08:002011-11-15T15:23:44.278-08:00

AUSTRALIAN shares closed marginally higher as investors remained cautious despite changes of leadership in Italy and Greece. At the close, the benchmark S&P/ASX200 index was up 8.1 points, or 0.19 per cent, at 4,304.6, while the broader All Ordinaries index was up 10.5 points, or 0.24 per cent, at 4,369.1. The December share price index futures contract was 17 points higher at 4,326 points,

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-14440474994860204482011-11-14T15:14:00.001-08:002011-11-14T15:14:06.823-08:00

THE resignation of Italian Prime Minister Silvio Berlusconi will prove a boost to investors today, with local stocks expected to climb on the back of greater certainty in European politics. The Australian share market is likely to kick-start the week in a positive manner after progress was made towards resolution of the Eurozone debt crisis. Investors around the world are seeing Mr Berlusconi's

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-76132788035182079722011-11-13T15:19:00.001-08:002011-11-13T15:19:36.081-08:00

EUROPEAN stock markets closed sharply higher overnight in a bounce after recent heavy losses, getting a boost as Italy and Greece made progress on reforms to help stabilise their strained finances. Dealers said the gains reflected investor relief that finally Italy and Greece were coming through on the measures demanded of them to ease the eurozone debt crisis. At the same time, strong doubts

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-1009906403146750542011-11-12T15:15:00.001-08:002011-11-12T15:15:59.826-08:00

THE Australian stock market fell the most in almost two months as the ongoing troubles in the Eurozone spooked investors. Australia's major market indices fell around three per cent after talks collapsed in Greece on forming a new government and Italian government bond yields spiked above seven per cent as investors lose faith in the country's ability to repay its debt. At 1039 AEDT, the

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-7836698388477728462011-11-11T15:22:00.001-08:002011-11-11T15:22:54.087-08:00

THE stock market was a sea of red ink yesterday over concerns Europe is about to spiral into recession. About $30 billion was wiped off the value of Australian companies in a massive global sell-off sparked by investors demanding higher returns from loans to Italy over concerns about its ability to repay its debts. Economists warned problems in Europe might take a "very ugly turn" that could

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-66477577774680307032011-11-10T15:17:00.001-08:002011-11-10T15:17:03.797-08:00

AUSTRALIAN shares fell the most in almost two months after Italian bond yields jumped overnight, evidence that investors are losing faith in the country's ability to repay its debt. At 1011 today, the benchmark S&P/ASX200 index was down 134.3 points, or 3.1 per cent, at 4,211.8, while the broader All Ordinaries index slumped 130.9 points, or three per cent, to 4,275.3. That is the biggest fall

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-85810498473406889852011-11-09T15:19:00.001-08:002011-11-09T15:19:57.613-08:00

AUSTRALIAN shares have opened 3 per cent lower today as world markets plunge after Italy's debt crisis enters new danger zone. The Australian dollar has also fallen more than two US cents on renewed fears of a looming debt crisis in Italy. At 07.28 (AEDT) on Thursday, the currency was trading at 101.62 US cents, down from 103.62 cents on Wednesday. European stocks closed sharply lower as any

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-80954863067087732732011-11-08T15:19:00.001-08:002011-11-08T15:19:53.979-08:00

THE Australian market looks set to open flat after Wall Street was virtually unchanged in overnight trading. At 06.44 (AEDT), the December share price index futures contract was down two points at 4280. In economic news on Tuesday, the Australian Bureau of Statistics (ABS) releases its international trade in goods and services figures for September while the National Australia Bank's releses

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-30521525488585412182011-11-07T15:16:00.001-08:002011-11-07T15:16:18.935-08:00

US stocks got off to a cautious start as investors grew increasingly concerned that the eurozone debt crisis will spread to Italy and Greece scrambled to form a new government to avert default. The major equities index wobbled near the flat line in the first minutes of trade on Monday, before heading into positive territory. The Dow Jones Industrial Average rose 37.39 points, or 0.31 per cent,

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-67212927736086401442011-11-06T15:11:00.001-08:002011-11-06T15:11:07.318-08:00

THE Australian market looks set to open lower. At 7.05am (AEDT) today, the December share price index futures contract was down 27 points at 4258. In economic news today, the ANZ job advertisements series for October are released as is the Australian Industry Group/Housing Industry Association performance of construction index (PCI) for October. In equities news, RXP Services due to list on

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-74674945798087919322011-11-05T16:21:00.001-07:002011-11-05T16:21:48.482-07:00

THE Australian share market ended the week on a high note after Greek Prime Minister George Papandreou said plans to put a European financial rescue plan to a referendum may be abandoned. Global markets also rallied overnight on news of a surprise interest cut by the European Central Bank of a quarter of a percentage point, while stronger commodity prices helped boost the domestic bourse. The

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-20096977459633809502011-11-04T16:15:00.001-07:002011-11-04T16:15:47.476-07:00

THE Australian sharemarket has opened almost half a per cent higher. At 10.10am (AEDT) today, the benchmark S&P/ASX200 index was up 19.6 points, or 0.47 per cent, at 4204.2, while the broader All Ordinaries index was up 19.2 points, or 0.45 per cent, at 4270.5. On the ASX 24, the December share price index futures contract was up 28 points at 4197, with 9725 contracts traded.

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-15864953267173384262011-11-03T16:17:00.001-07:002011-11-03T16:17:04.179-07:00

SHARES in ANZ Banking Group fell more than two per cent in opening trade after the Melbourne-based lender posted record statutory and cash profits that were in line with market expectations. By 10.24am (AEDT) ANZ's stock had dropped 43 cents, or 2.06 per cent, to $20.47, amid falls of at least 0.7 per cent among its banking rivals. ANZ statutory net profit jumped 19 per cent to $5.355 billion

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-15547154362263949312011-11-02T16:14:00.001-07:002011-11-02T16:14:45.132-07:00

EUROPEAN stockmarkets have closed higher after massive losses the previous day as investors waited for key meetings between EU and Greek leaders on Athens' shock plan to put its latest debt rescue to a referendum. The referendum announcement on Tuesday plunged the markets into turmoil, with some bourses posting losses of 5.0 per cent or more on fears a No vote would leave the EU back at square

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-40005595123464171512011-11-01T16:17:00.001-07:002011-11-01T16:17:27.753-07:00

THE Australian market looks set to open lower. At 6.21am (AEDT) today, the December share price index futures contract was down 51 points at 4180. In economic news today, the Australian Bureau of Statistics releases its building approvals for September data. In equities news, Westpac Banking Corporation full year results. In Australia, the market on yesterday fell 1.5 per cent, as weakness

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-9802343136720272212011-10-31T16:34:00.001-07:002011-10-31T16:34:10.010-07:00

THE Australian share market has ended another volatile month on global stock markets by posting the biggest one-month gain in two years. That was even after today's 1.2 per cent slump, and analysts say the volatility is likely to continue. The 7.1 per cent gain in the All Ordinaries between September 30 and October 31 was the largest rally since July 2009, when the market rose 7.6 per cent as

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-18491707511913789292011-10-30T16:27:00.001-07:002011-10-30T16:27:12.998-07:00

AUSTRALIAN shares have recovered the lost ground from the Greek debt crisis, adding $57 billion in value over the past week to close at their strongest levels since August 2. Continuing offshore market euphoria over the debt deal with Greece propelled the Australian market over the week back to the level it was before the eurozone crisis unfolded in early August. But the market took a breather

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-9072192244459195022011-10-29T15:17:00.001-07:002011-10-29T15:17:59.137-07:00

THE Australian sharemarket has opened up more than one per cent off the back of strong performances in overseas markets overnight. The announcement that European leaders had agreed on a plan to reduce Greece's debt and provide it with more rescue loans fuelled global market growth yesterday and pushed the Australian market up 2.5 per cent in two hours of trade. IG Markets market analyst Cameron

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-70179676540406419512011-10-28T15:14:00.001-07:002011-10-28T15:14:32.832-07:00

QANTAS chairman Leigh Clifford says the airline has not had any takeover approaches from private equity firms. Mr Clifford also said that other Australian icon businesses were not restricted by foreign ownership caps. At the company's annual general meeting in Sydney today, chief executive Alan Joyce said Qantas had no choice but to reject the unions' current demands. Mr Joyce also said that

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-37660749715774061262011-10-27T15:14:00.001-07:002011-10-27T15:14:24.228-07:00

US stocks have soared on opening after EU leaders finally agreed a plan to contain the Greek debt crisis and US third-quarter GDP growth came in at 2.5 per cent, stanching recession fears. The Dow Jones Industrial Average was up 242.30 points, or 2.04 per cent, to 12,111.34 after about 15 minutes of trade overnight. The broad-based S&P 500 jumped 31.13 points, or 2.51 per cent, to 1273.13,

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-68922851073278494912011-10-26T15:22:00.001-07:002011-10-26T15:22:28.954-07:00

EUROPEAN stock markets have closed narrowly mixed in choppy trade as investors waited in hope that a make-or-break EU summit will deliver a solution to the eurozone debt crisis. Dealers said there were persistent concerns that EU leaders will not come up with the comprehensive package they have promised in order to tame a crisis that now appears to threaten the whole euro project and the global

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-68424269374045563012011-10-25T15:22:00.001-07:002011-10-25T15:22:02.345-07:00

THE Australian market is set to open lower today due to doubts European leaders will agree on a package to resolve Europe's escalating debt crisis. Wall Street and European markets fell overnight due to reports key parts of the rescue package may not be ready in time for a leaders' summit tomorrow in Europe. At 7.05am (AEDT) today, the December share price index futures contract was down 37

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-2135994790503294432011-10-24T15:16:00.001-07:002011-10-24T15:16:49.284-07:00

THE Australian share market closed marginally lower today, as early gains were erased ahead of the European summit. The benchmark S&P/ASX200 index fell three points, or 0.07 per cent, to 4141.9 points, while the broader All Ordinaries index finished 3.4 points lower at 4203.4 points. On the ASX 24, the December share price index futures contract was up eight points at 4156 points. The

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-49704227269338552312011-10-23T15:20:00.001-07:002011-10-23T15:20:17.804-07:00

THE Australian sharemarket opened slightly higher after mixed overnight leads from the US and falls in base metals prices. The benchmark S&P/ASX200 index was up five points, or 0.12 per cent, at 4149.9 while the broader All Ordinaries index was up 4.2 points, or 0.09 per cent, to 4211.0. The December share price index futures contract was down one point at 4147.0, with 12,679 contracts traded.

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-41725709825867456402011-10-22T15:24:00.001-07:002011-10-22T15:24:30.212-07:00

THE Australian market looks set to open flat after the major European markets closed down around two per cent, London finished down around one per cent but Wall Street was up around half a per cent in late trading. At 6.20am (AEST) today, the December share price index futures contract was up five points at 4153. In economic news today, the Australian Bureau of Statistics releases it

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-79898396884915158272011-10-21T15:11:00.001-07:002011-10-21T15:11:17.426-07:00

US stocks inched downward overnight as caution reigned while European leaders struggled to put together an expanded rescue package for the eurozone. The Dow Jones Industrial Average fell 12.67 points, or 0.11 per cent, to 11,491.95 in the first five minutes of trade. The broader S&P 500 shed 1.15 points, or 0.10 per cent, to 1208.73, while the tech-heavy Nasdaq Composite pared 8.70 points, or

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-77864045109310792942011-10-20T15:15:00.001-07:002011-10-20T15:15:12.785-07:00

THE Australian share market lost more ground during intra-day trading, with mining stocks falling on a negative outlook for iron ore prices. The major indices opened around one per cent lower and by midday had marked deeper losses. The benchmark S&P/ASX200 index was down 59.2 points, or 1.4 per cent, at 4154.5 and the broader All Ordinaries index had lost 56.4 points, or 1.32 per cent, to

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-43217129857900609592011-10-19T15:36:00.001-07:002011-10-19T15:36:09.663-07:00

THE Australian share market finished higher despite a late-session weakness by resource heavyweights and the dark shadow of Europe's debt crisis overhanging the market. Both major indices gained over one per cent in opening trade but lost ground during the trading session. At the close today, the benchmark S&P/ASX200 index was up 26.8 points, or 0.64 per cent, at 4213.7, while the broader All

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-36814698054956018512011-10-18T15:17:00.001-07:002011-10-18T15:17:05.605-07:00

US stocks rallied on Tuesday after a British newspaper reported that France and Germany were ready to sharply boost the eurozone's rescue fund in a bid to address the public debt crisis. The Dow Jones Industrial Average surged 180.05 points (1.58 per cent) to finish at 11,577.05. The tech-heavy Nasdaq Composite rose 42.51 points (1.63 per cent) to 2,657.43, while the S&P 500, a broader measure

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-33134022229823070862011-10-17T15:15:00.001-07:002011-10-17T15:15:02.961-07:00

THE Australian market is set to open higher today on optimism that eurozone leaders are finally pushing forward to resolve the debt crisis and positive US data and corporate earnings. At 6.55am (AEDT) on the ASX 24, the December share price index futures contract was up 46 points at 4266 points. In local economic news today, the Australian Bureau of Statistics will release lending finance for

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-26846419057862374472011-10-16T15:10:00.001-07:002011-10-16T15:10:52.170-07:00

THE Australian market is set to open higher today on optimism that eurozone leaders are finally pushing forward to resolve the debt crisis and positive US data and corporate earnings. At 6.55am (AEDT) on the ASX 24, the December share price index futures contract was up 46 points at 4266 points. In local economic news today, the Australian Bureau of Statistics will release lending finance for

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-16137511801505932552011-10-15T15:14:00.001-07:002011-10-15T15:14:09.369-07:00

FALLING banking stocks dragged the US equity market down overnight amid worry about fallout from a Greek default, but Apple and Google helped the Nasdaq gain for a fourth straight day. The Dow Jones Industrial Average fell 40.72 points (0.35 per cent) to finish at 11,478.13. The S&P 500, a broader measure of the markets, fell 3.59 (0.30 per cent) to 1203.66, while the tech-heavy Nasdaq

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-75521507129914205532011-10-14T15:10:00.001-07:002011-10-14T15:10:58.427-07:00

THE Australian share market opened slightly higher, with broad-based gains against a positive international backdrop of growth. At the open (AEDT), the benchmark S&P/ASX200 index gained 40.8 points, or 0.97 per cent, at 4245.1 and the broader All Ordinaries index rose 40.1 points, or 0.94 per cent, to 4306.5. UBS executive director of institutional sales Rob Taubman said the rise came on the

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-84250077418323353392011-10-13T15:28:00.001-07:002011-10-13T15:28:04.332-07:00

TRAVELLERS are ready to splash the cash overseas as the Aussie dollar continues to rally and outstrip all comers. After dropping below 94 cents just over a week ago, the dollar's risen from the ashes to fight back to parity and beyond. It reached $US1.02 this morning, continuing a seven-day surge for the global currency du jour. The 5 per cent jump is the best among all major currencies

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-21030117621760114922011-10-12T15:15:00.001-07:002011-10-12T15:15:43.192-07:00

HOPES that Europe will finally take the bold steps needed to stem its financial crisis sent US stocks higher overnight. The Dow Jones industrial average rose 65 points, led by JPMorgan Chase & Co. European Commission President Jose-Manuel Barroso presented a plan to strengthen weak European banks and lower Greece's debt burden. It's being seen as the strongest effort yet to address a debt

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-35380988397204151112011-10-11T15:17:00.001-07:002011-10-11T15:17:23.923-07:00

US stocks drifted to a mixed finish overnight ahead of the start of company earnings season and a key vote in Slovakia that could block the eurozone's rescue fund amid a sovereign debt crisis. The Dow Jones Industrial Average fell 16.80 points (0.15 per cent) to 11,416.38 in closing trade. The broader S&P 500 edged up 0.66 point (0.06 per cent) to 1,195.55, while the tech-heavy Nasdaq Composite

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-3585629461853591632011-10-10T15:06:00.001-07:002011-10-10T15:06:17.764-07:00

US stocks rallied sharply overnight, closing up three per cent after Germany and France pledged over the weekend to come up with a comprehensive solution to the eurozone debt crisis within weeks. The Dow Jones Industrial Average leaped 330.06 points (2.97 per cent) to finish at 11,433.18. The broader S&P 500 surged 39.43 points (3.41 per cent) to 1,194.89, while the tech-heavy Nasdaq Composite

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-17569651026982061872011-10-09T15:21:00.001-07:002011-10-09T15:21:02.251-07:00

THE Australian market looks set to open lower, following Wall Street's lead of Friday but breaking last week's local positive trend. At 6.52am (AEDT) today, the December share price index futures contract was down 26 points at 4150. In economic news today, the ANZ job advertisements series for September are released. No major equities news is expected. In Australia, the market on Friday

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-78642064443383639512011-10-08T15:10:00.001-07:002011-10-08T15:10:23.585-07:00

THE Australian market looks set to open higher after Wall Street again rose more than one per cent. At 6.32 (AEDT) today, the December share price index futures contract was up 54 points at 4122. In economic news today, The Australian Industry Group/Housing Industry Association performance of construction index (PCI) for September is released. In equities news, Bechtel Corporation chairman and

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-1900328775716920412011-10-07T15:14:00.001-07:002011-10-07T15:14:24.211-07:00

THE Australian share market has extended its gains from early trade as investors return to equities on renewed optimism a solution is near at hand on the eurozone debt crisis. The local bourse opened more than one per cent higher today after Wall Street surged for its second straight day. By midday (AEDT) both major local indices had climbed higher, with the benchmark S&P/ASX200 index 113.7

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-2353521737542131342011-10-06T15:19:00.001-07:002011-10-06T15:19:59.410-07:00

AUSTRALIAN shares leapt the most in almost three years as investor sentiment improved on renewed optimism a solution is near at hand for the Eurozone debt crisis. The local market opened more than one per cent stronger after Wall Street surged for its second straight day, then eased slightly after midday but soared in the last hour of trading. By the close, the benchmark S&P/ASX200 index had

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-57790470851553233042011-10-05T15:20:00.001-07:002011-10-05T15:20:24.830-07:00

THE Australian market looks set to open up, after Wall Street bounced back from early lows to finish in positive territory. At 7.21am (AEDT) today, the December share price index futures contract was up 43 points at 3939. In economic news today, The Australian Industry Group/Commonwealth Bank releases its Australian Performance of Services Index (PSI) for September and the Australian Bureau of

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-15454863807316455652011-10-04T15:08:00.001-07:002011-10-04T15:08:07.317-07:00

US stocks bounced back after a dramatic see-saw session overnight following a report that EU ministers were looking at possible plans to aid weak banks. After having been down two per cent 45 minutes before the close, the Dow Jones Industrial Average ended 152.88 points higher (1.43 per cent) at 10,808.18. The broader S&P 500 jumped 24.60 (2.24 per cent) to 1123.83, while the tech-heavy Nasdaq

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-33352283531049036402011-10-03T15:12:00.001-07:002011-10-03T15:12:09.956-07:00

IT could be another disastrous day on the sharemarket - and here's why. st1\:*Overnight the Greek Government produced its draft budget for 2012 in which they concede they won’t meet the 6.5 per cent deficit target they agreed with international creditors. Greece relies on regular payouts from a $152.7 billion bailout from other eurozone countries and the International Monetary Fund. That

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-29694440648868672032011-10-02T15:26:00.001-07:002011-10-02T15:26:44.725-07:00

AUSTRALIAN shares were flat at noon with cautious investors lacking confidence heading into a long weekend. The market opened flat after the US market's less-than-expected response to Germany's approval to beef up Europe's rescue fund to stave off a second global recession. Wealth Within analyst Janine Cox said she had expected shares to lift higher than they did after Germany's Parliament

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-68044620030090284122011-10-01T15:25:00.001-07:002011-10-01T15:25:30.050-07:00

THE Australian market looks set to open higher, bucking the overnight trend of Wall Street. At 6.30am (AEST) today, the December share price index futures contract was up 14 points at 4020. In economic news today, the Federal Government releases its final Budget outcome. Lower than expected tax receipts from wages and companies is set to cut $2 billion in revenue from the 2010/11 Federal

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-64769502780048588782011-09-30T15:26:00.001-07:002011-09-30T15:26:01.790-07:00

US stocks fell overnight after investor concerns over the debt talks in Europe caused a sell-off in late trading. After seesawing much of the day, the Dow Jones Industrial Average sank in late trading to close down 179.79 points, or 1.6 percent, at 11,010.90. The decline snapped a three-day win streak for the bellwether index. The Standard & Poor's 500 index lost 24.32 points, or 2.1 percent,

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-36377133393527902302011-09-29T15:13:00.001-07:002011-09-29T15:13:59.780-07:00

THE Australian share market is expected to open in negative territory after US stocks snapped a three-day winning streak. US stocks closed sharply lower after an early rise Wednesday as worries persisted over whether the eurozone would come up with an effective approach to containing the Greek crisis. The Dow Jones Industrial Average closed down 179.79 points (1.61 per cent) to 11,010.90. The

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-35185597154744536672011-09-28T15:58:00.001-07:002011-09-28T15:58:14.453-07:00

THE Australian market looks set to open lower, after sharp declines on Wall Street. At 6.49am (AEST) today, the December share price index futures contract was down 58 points at 4,4005. In economic news today, the Australian Bureau of Statistics releases job vacancies data for August. No major equities news is expected today. In Australia, the market yesterday rose almost one per cent in the

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-36970624186670618682011-09-27T15:19:00.001-07:002011-09-27T15:19:04.405-07:00

THE dollar rebounded US2c, after reaching a 10-month low, on renewed optimism that world finance leaders were close to a long-term solution to Europe's debt crisis. National Australia Bank head of currency strategy John Kyriakopoulos said risk assets, like the Australian dollar, were well supported on Tuesday on speculation that Greece's debt problems could be contained by authorities. "No one

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-51658418997718525732011-09-26T15:19:00.001-07:002011-09-26T15:19:16.423-07:00

AUSTRALIAN shares remained in positive territory at noon but had shed some of their early gains from morning trade as anxious investors awaited more news about a Greek bailout from Europe. After opening higher following German Chancellor Angela Merkel's hour-long television interview, which renewed talks of a possible Greek bailout, the major indices drifted below the significant 4,000-point

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-68237215195635493012011-09-25T15:13:00.001-07:002011-09-25T15:13:39.144-07:00

US stocks halted their downward slide overnight, with the Dow Jones Industrial Average hovering just above the break-even mark at the close, despite ongoing gloom about the state of the global economy. The world-wide rout seen on Thursday was arrested in early US trade, with the Dow up 0.33 per cent, 35 points above the previous session's close. The blue-chip index stood at 10,769.21 points at

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-63364230782749046922011-09-24T15:20:00.001-07:002011-09-24T15:20:36.085-07:00

THE Dow Jones industrial average has plunged more than 500 points as investors sell stocks with abandon. Financial markets in the United States and around the globe are down sharply on fears of a recession. At 3.24pm (5.24am AEST), the Dow is down 522, or 4.7 per cent, at 10,601, a low for the year. One financial indicator after another shows that investors are losing hope that the economy can

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-57853889912239745562011-09-23T15:23:00.001-07:002011-09-23T15:23:00.658-07:00

THE Australian dollar suffered its biggest one-week fall in over a year to drop below parity on renewed fears about a global economic downturn. The local unit plummeted 5.3 per cent against the US dollar this week as traders fled from risk assets and moved to the relative safety of the yen, US dollar and bond market. At 5pm (AEST) today, the Australian dollar was trading at 98.34 US cents, down

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-27375203946023859002011-09-22T15:16:00.001-07:002011-09-22T15:16:31.644-07:00

THE local share market has opened sharply lower following big falls on Wall Street after the US central bank downgraded its economic outlook. At 10.24am AEST today the benchmark S&P/ASX200 index was down 79.5 points, or 1.95 per cent, at 3992.3 while the broader All Ordinaries index was down 78.9 points, or 1.9 per cent, at 4074.7. On the ASX 24, the December share price index futures contract

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-12349477173113782372011-09-21T15:20:00.001-07:002011-09-21T15:20:16.624-07:00

US stocks closed mostly lower today amid concerns that Greece will default on its public debt and as investors awaited the end of a Federal Reserve meeting hoping for new stimulus for the economy. Erasing earlier gains, the Dow Jones Industrial Average rose 10.75 points (0.09 per cent) to 11,411.76 in closing trade. The broader S&P 500 fell 1.64 points (0.14 per cent) to 1202.45, while the

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-17195920651720107992011-09-20T15:26:00.001-07:002011-09-20T15:26:14.067-07:00

US stocks closed mostly lower today amid concerns that Greece will default on its public debt and as investors awaited the end of a Federal Reserve meeting hoping for new stimulus for the economy. Erasing earlier gains, the Dow Jones Industrial Average rose 10.75 points (0.09 per cent) to 11,411.76 in closing trade. The broader S&P 500 fell 1.64 points (0.14 per cent) to 1202.45, while the

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-55420740644970430432011-09-19T15:20:00.001-07:002011-09-19T15:20:13.430-07:00

US stocks slid Monday, snapping a five-session winning streak as traders worried about a possible Greek public debt default and eurozone inaction to confront the crisis. The Dow Jones Industrial Average skidded 108.08 points (0.94 per cent) to finish at 11,401.01. The broader S&P 500 dropped 11.92 points (0.98 per cent) to 1204.09, while the tech-heavy Nasdaq Composite fell 9.48 points (0.36

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-58577832867219195502011-09-18T15:18:00.001-07:002011-09-18T15:18:34.153-07:00

THE Australian share market is expected to open higher today after markets in the United States rose. On Wall Street on Friday, stocks closed higher despite a meeting of eurozone finance ministers that dashed hopes for firm action on Europe's debt crisis. The Dow Jones Industrial Average rose 75.91 points, or 0.66 per cent, to 11,509.10 points. The broader S&P 500 index lifted 6.9 points, or

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-47974972413057310342011-09-17T15:15:00.001-07:002011-09-17T15:15:31.541-07:00

SHARES extended their early gains at noon, with the market almost two per cent higher as investors become optimistic that European leaders are approaching a resolution of the Eurozone debt crisis. The market opened 1.5 per cent higher after strong leads from US and European markets, which rallied for the third and fourth straight day respectively on Thursday. By noon today the benchmark S&P/

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-44909397627159540582011-09-16T15:18:00.001-07:002011-09-16T15:18:42.738-07:00

US stock markets closed with strong gains today, amid signs that European leaders might be coming together to tackle the continent's debt crisis. The Dow Jones Industrial Average jumped 141.56 points (1.27 per cent) to 11,247.41 in closing trade. The broader S&P 500 rose 15.84 points (1.35 per cent) to 1188.71, while the tech-heavy Nasdaq Composite surged 93.22 points (1.58 per cent) to 2572.17

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-56277256134150085932011-09-15T15:22:00.001-07:002011-09-15T15:22:52.888-07:00

US stocks surged overnight as investors found reasons for optimism in a barrage of headlines from Europe. The Dow Jones Industrial Average rose 140.88 points, or 1.3 per cent, to 11,246.73. The Standard & Poor's 500-stock index gained 15.81 points, or 1.4 per cent, to 1,188.68, while the technology-oriented Nasdaq Composite advanced 40.40 points, or 1.6 per cent, to 2,572.55. The Dow has now

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-90072265081484811142011-09-14T15:24:00.001-07:002011-09-14T15:24:53.299-07:00

THE Australian share market has opened slightly higher, following in the footstep of Wall Street which closed up less than half a per cent. At 10:13 (AEST), the benchmark S&P/ASX200 index was up 19.1 points, or 0.47 per cent, at 4,091.8, while the broader All Ordinaries index was up 18.2 points, or 0.44 per cent, at 4,176.6. On the ASX 24, the September share price index futures contract was up

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-71109558721191592352011-09-13T15:25:00.001-07:002011-09-13T15:25:07.843-07:00

US stocks slid today as traders awaited a key speech by President Barack Obama to Congress on stimulating the economy and job growth. "Obama is expected to discuss a plan to stimulate job growth, but many expect that plan components, including tax cuts, will encounter opposition in Congress," Briefing.com analysts said in a client note. "That said, many believe that the plan may already be

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-21640374735302877322011-09-12T15:19:00.001-07:002011-09-12T15:19:52.489-07:00

THE Australian share market was higher at noon, extending gains from early trade after US President Barack Obama delivered a highly-anticipated speech on his plan to stimulate the US economy. The local bourse opened slightly higher, despite a weak lead from Wall Street, after US President Barack Obama introduced a $US447 billion ($423.06 billion) plan to Congress that he said would jolt the "

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-76362302068500012412011-09-11T15:21:00.001-07:002011-09-11T15:21:03.655-07:00

AUSTRALIAN stocks were flat at noon after disappointing jobs data prompted a selloff that left the market briefly in red figures. At 1201 AEST, the benchmark S&P/ASX200 index was up 4.1 points, or 0.1 per cent, at 4187.5 points, while the broader All Ordinaries index had risen 6.0 points, or 0.14 per cent, to 4268.9 points. On the ASX 24, the September share price index futures contract was 10

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-26327013154196229182011-09-10T15:26:00.001-07:002011-09-10T15:26:50.139-07:00

AUSTRALIAN shares were higher at noon, building on gains from early trade, with the materials and financials sectors leading the market. At noon, the benchmark S&P/ASX200 index was up 73 points, or 1.8 per cent, at 4,148.5, while the broader All Ordinaries index was up 68.6 points, or 1.7 per cent, at 4,229.3. On the ASX 24, the September share price index futures contract was 77 points higher

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-70963398776277458162011-09-09T15:15:00.001-07:002011-09-09T15:15:06.969-07:00

US stocks jumped today after a German court ruling helped clear the way for a eurozone bailout plan and the Federal Reserve said the US economy was still growing slowly. The Dow Jones Industrial Average rose 275.56 points (2.47 per cent) to close at 11,414.86, in a healthy rebound after three consecutive trading days of triple-digit losses. The broader S&P 500 surged 33.38 points (2.86 per cent

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-33747748769338367342011-09-08T15:30:00.001-07:002011-09-08T15:30:25.881-07:00

US stocks jumped today after a German court ruling helped clear the way for a eurozone bailout plan and the Federal Reserve said the US economy was still growing slowly. The Dow Jones Industrial Average rose 275.56 points (2.47 per cent) to close at 11,414.86, in a healthy rebound after three consecutive trading days of triple-digit losses. The broader S&P 500 surged 33.38 points (2.86 per cent

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-54728232832322390812011-09-07T15:21:00.001-07:002011-09-07T15:21:51.677-07:00

US stock markets closed with modest losses today, climbing back from a steep initial sell-off sparked by fears that Europe's sovereign debt crisis was spiraling out of control. The Dow Jones Industrial Average was down 99.14 points (0.88 per cent) to stand at 11,141.12 in closing trade. The broader S&P 500 fell 8.55 points (0.73 per cent) to 1165.42, while the tech-heavy Nasdaq Composite

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-24086234151611376012011-09-06T15:24:00.001-07:002011-09-06T15:24:35.272-07:00

THE Australian share market has opened lower, following the overnight trend of overseas markets and weak US data. At 10.12am (AEST) today, the benchmark S&P/ASX200 index was down 74.2 points, or 1.75 per cent, at 4168.7, while the broader All Ordinaries index was down 71.4 points, or 1.65 per cent, at 4250.1. On the ASX 24, the September share price index futures contract was down 67 points at

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-23011420009279418942011-09-05T15:12:00.001-07:002011-09-05T15:12:18.087-07:00

THE Australian share market has closed lower as investors expect poor US employment data to push the market even further down. The benchmark S&P/ASX200 index was down 64.6 points, or 1.5 per cent, at 4,242.9 points, while the broader All Ordinaries index fell 61.2 points, or 1.4 per cent, to 4,321.5 points. On the ASX 24, the September share price index futures contract was 76 points lower at

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-35387188304834264812011-09-04T15:48:00.001-07:002011-09-04T15:48:58.134-07:00

THE dollar was fractionally higher at noon (AEST), as traders await significant US employment figures due on tonight. At midday, the dollar was trading at US107.26c, up from US107.20c yesterday. Since 7am, the local unit traded between US107.12c and US107.34c. The dollar is closing in on its sixth straight positive session, having gained almost 2c since August 25. CMC Markets senior FX dealer

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-11283150011337000182011-09-03T15:27:00.001-07:002011-09-03T15:27:15.090-07:00

US stocks closed more than two per cent lower overnight after a disappointing report on the United States's labour market showed that job creation ground to a halt in August. The Dow Jones Industrial Average was down 251.57 points, or 2.19 per cent, to 11,242.00 in closing trade. The broader S&P 500 fell 30.48 points, or 2.53 per cent, to 1,173.94, while the tech-heavy Nasdaq Composite dropped

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-88838353056945825582011-09-02T15:21:00.001-07:002011-09-02T15:21:52.861-07:00

US stocks fell today, a day before a closely watched report on the country's labour market will indicate whether prospects are improving for the world's largest economy. The Dow Jones Industrial Average dropped 117.08 points (1.01 per cent) to 11,496.45 in closing trade. The broader S&P 500 dropped 14.31 points (1.17 per cent) to 1204.58, while the tech-heavy Nasdaq Composite sank 34.09 points

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-44823478864729510122011-09-01T15:21:00.001-07:002011-09-01T15:21:28.371-07:00

US stocks were flat overnight as markets awaited a key report on US manufacturing, after a dismal report on industrial activity in the eurozone sent European stocks sharply lower. The Dow Jones Industrial Average ticked up 0.53 points to 11,614.06 in the first five minutes of trading. The broader S&P 500 slipped 0.71 points to 1218.18, while the tech-heavy Nasdaq Composite edged up 1.65 points

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-42516628669829729252011-08-31T15:28:00.001-07:002011-08-31T15:28:15.194-07:00

US stocks closed with modest gains today after newly released minutes from the Federal Reserve's key policy committee raised hopes that the Fed would act to boost the ailing economy. The Dow Jones Industrial Average rose 20.70 points (0.18 per cent) to close at 11,559.95. The broader S&P 500 climbed 2.84 points (0.23 per cent) to 1212.92, while the tech-heavy Nasdaq Composite jumped 14.00

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-11869303391551607592011-08-30T15:29:00.001-07:002011-08-30T15:29:24.330-07:00

AUSTRALIAN stocks were firmer at noon as the big banks and miners led the broader market higher in quiet conditions. At 1210 AEST, the benchmark S&P/ASX200 index was up 29.6 points, or 0.69 per cent, at 4292.9, while the broader All Ordinaries index had risen 29.6 points, or 0.68 per cent, higher at 4363.3. On the ASX 24, the September share price index futures contract had gained 35 points to

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-91314836214586868872011-08-29T15:16:00.001-07:002011-08-29T15:16:23.039-07:00

AUSTRALIAN shares were higher at noon, as investors digested strong local company results at the end of the reporting season. At 1200 AEST, the benchmark S&P/ASX200 index was up 74.3 points, or 1.8 per cent, at 4274.3, while the broader All Ordinaries index was 72 points, or 1.7 per cent, higher at 4343. On the ASX 24, the September share price index futures contract gained 70 points at 4267,

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-48215260515341928802011-08-28T15:24:00.001-07:002011-08-28T15:24:23.077-07:00

THE Australian share market has opened higher, following the overnight leads of the US and Europe, and after the local market's flat finish yesterday. At 1012 AEST today, the benchmark S&P/ASX200 index was up 62.1 points, or 1.49 per cent, at 4,229.7, while the broader All Ordinaries index was up 60 points, or 1.42 per cent, at 4,295.7. On the ASX 24, the September share price index futures

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-47579241215972409102011-08-27T15:26:00.001-07:002011-08-27T15:26:24.927-07:00

THE Australian share market has closed higher, with investor sentiment buoyed by rallies on offshore markets, but pulled back slightly from earlier gains. At 4.15pm, the benchmark S&P/ASX200 index was up 45.2 points, or 1.08 per cent, at 4,212.8, while the broader All Ordinaries index was up 44.8 points, or 1.06 per cent, at 4280.5. On the ASX 24, the September share price index futures

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-15910367154916489432011-08-26T15:20:00.001-07:002011-08-26T15:20:05.767-07:00

AUSTRALIAN shares were flat at noon, falling back from early gains as nervous investors await further direction from offshore. All eyes will be on US Federal Reserve chairman Ben Bernanke, who is scheduled to give a speech after the local market closes. At 1200 AEST, the benchmark S&P/ASX200 index was down 1.8 points, or 0.04 per cent, at 4211, while the broader All Ordinaries index was 0.9 of

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-88099577052626756272011-08-25T15:14:00.001-07:002011-08-25T15:14:55.095-07:00

THE Australian share market was higher at noon, led by company results as reporting season continues. At 1200 AEST, the benchmark S&P/ASX200 index was up 39.8 points, or 0.95 per cent, at 4207.4, while the broader All Ordinaries index was up 39.8 points, or 0.94 per cent, at 4275.5. On the ASX 24, the September share price index futures contract was up 24 points at 4192, with 20,701 contracts

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-51956840516229445892011-08-24T15:24:00.001-07:002011-08-24T15:24:42.726-07:00

THE dollar was slightly higher at noon (AEST), trading in a tight range as the market awaits direction from Chinese data and a central bank speech. At midday, it was trading at US104.01c, slightly up from US103.86c yesterday. Since 7am, the local unit traded between US103.89c and US104.15c. Easy Forex currency trader Tony Darvell said in the absence of any other guidance, movements in equities

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-58561260624325588102011-08-23T15:21:00.001-07:002011-08-23T15:21:48.737-07:00

THE Australian share market opened higher after a positive lead on Wall Street sparked by the apparent downfall of Libyan ruler Muammar Gaddafi. At 1016 AEST today, the benchmark S&P/ASX200 index was up 31.5 points, 0.77 per cent, at 4113.8, while the broader All Ordinaries index was up 33 points, 0.8 per cent, at 4183.8. On the ASX 24, the September share price index futures contract was up 22

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-19193999209260977082011-08-22T15:19:00.001-07:002011-08-22T15:19:15.658-07:00

THE Australian bond market opened the week slightly lower after there was very little to drive bond markets in the offshore session on Friday night. At 0830 (AEST) today, the September 10-year bond futures contract was trading at 95.730 (implying a yield of 4.270 per cent), down from 95.770 (4.230 per cent). The September three-year bond futures contract was at 96.430 (3.570 per cent), level

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-70294131380348622422011-08-21T15:19:00.001-07:002011-08-21T15:19:21.370-07:00

NEW worries about a second recession in the United States and Europe, prompted by an investment bank report, sent US stocks into a new sharp fall. The Dow Jones Industrial Average closed down 419.63 points (3.68 per cent) to 10,990.58, following an earlier rout on Europe's bourses. The broader S&P 500 sank 53.23 points (4.46 per cent) to 1,140.65, while the tech-heavy Nasdaq Composite was hit

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-78000464512216547662011-08-20T15:26:00.001-07:002011-08-20T15:26:33.745-07:00

THE Australian share market was lower at noon (AEST), extending morning losses as nervous investors continued to react to weaker US and European markets on the back of fears of a second recession. At 1201 AEST, the benchmark S&P/ASX200 index was down 115.4 points, or 2.7 per cent, lower at 4,135.8, while the broader All Ordinaries index was down 114.9 points, or 2.7 per cent, at 4,204.5. On the

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-17570489130670670582011-08-19T15:14:00.001-07:002011-08-19T15:14:37.367-07:00

SHARES are tumbling around the world on more signs of economic weakness. In the US, the government says more people filed for unemployment benefits last week than were expected. And there are signs that inflation is rising - consumers paid more last month for petrol, food and clothes. The Dow Jones industrial average at one point was down more than 500 points. It's now down 436 at 10,973.

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-21696795136896060072011-08-18T15:25:00.001-07:002011-08-18T15:25:30.870-07:00

RECENT turmoil on financial markets caused trading volumes for derivatives on the Australian Securities Exchange (ASX) to surge 80 per cent but ASX Ltd said this will be short-lived. ASX Ltd today booked a 7.4 per cent rise in net profit to $352.3 million for the 12 months to June 30, and said trading volumes had jumped in the seven weeks since its balance date. Investors spooked by European

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-15718560592591941212011-08-17T15:17:00.001-07:002011-08-17T15:17:56.459-07:00

AUSTRALIAN shares were higher at noon, extending earlier gains with a small number of bargain hunters making up yesterday's losses. At 1200 AEST the benchmark S&P/ASX200 index was 26.1 points higher at 4,273.4, while the broader All Ordinaries index was 25.5 points up at 4,342.8. On the ASX 24, the September share price index futures contract was up 18 points at 4,246, with 24,609 contracts

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-25419584557584809742011-08-16T15:22:00.001-07:002011-08-16T15:22:16.885-07:00

AUSTRALIAN shares closed sharply higher, extending earlier gains in the day, led by bargain hunters on the back of positive company results. At 4.15pm AEST today, the benchmark S&P/ASX200 index was up 110.3 points, or 2.64 per cent, at 4,282.9, while the broader All Ordinaries index was up 108.9 points, or 2.57 per cent, at 4,3426.8 On the ASX 24, the September share price index futures contract

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-48957893434815618222011-08-15T15:25:00.001-07:002011-08-15T15:25:17.763-07:00

SHARES in Leighton Holdings Ltd has jumped more than seven per cent as the construction giant forecasts a "positive" long-term outlook and a return to profit in fiscal 2012. Australia's biggest construction company reported a loss of $408.8 million for the 12 months to June 30, down from a $612.00 million profit a year earlier. But it reiterated a net profit forecast for financial 2012 of $600

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-35251805414196084882011-08-14T15:13:00.001-07:002011-08-14T15:13:48.897-07:00

THE Australian share market opened strongly this morning, following rebounds overnight in Europe and on Wall Street, ahead of what is tipped to be a quiet day of trading. At 10:21 (AEST), the benchmark S&P/ASX200 index was up 42.9 points, or 1.04 per cent, at 4,183.7, while the broader All Ordinaries index rose 45.5 points, by 1.1 per cent, to 4,249. On the ASX 24, the September share price

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-57885623347715797752011-08-13T15:16:00.001-07:002011-08-13T15:16:51.028-07:00

US stocks jumped sharply in opening trade overnight, buoyed in part by a rebound in European markets as the leaders of France and Germany agreed to meet on the regional debt crisis. The Dow Jones Industrial Average added 97.71 points (0.91 per cent) to 10,817.65 in the first 15 minutes of trade, after losing 520 points yesterday. The broader S&P 500 gained 11.09 points (0.99 per cent) to

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-28559202803273599462011-08-12T15:20:00.001-07:002011-08-12T15:20:41.141-07:00

AUSTRALIAN shares were higher at noon, extending gains from this morning as investors gained confidence in the strength of the local economy. At noon, the benchmark S&P/ASX200 index was up 53.9 points, or 1.3 per cent, at 4,216.1, while the broader All Ordinaries index was up 55.9 points, or 1.33 per cent, at 4,259.4. On the ASX 24, the September share price index futures contract was up 62

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-21554216544502305362011-08-11T15:25:00.001-07:002011-08-11T15:25:27.161-07:00

GOLD prices surged past $US1800 an ounce ($1763 per 28.3g) as investors bought up the safe haven as markets around the world slump due to ongoing fears about the global economy. In early trade today the price of the precious metal soared to a record $1814.50-$1815.50 an ounce. Start of sidebar. Skip to end of sidebar. End of sidebar. Return to start of sidebar.

Manuelahttp://www.blogger.com/profile/02498981194568268034noreply@blogger.comtag:blogger.com,1999:blog-8600103964885000658.post-9865359326767421152011-08-10T15:18:00.001-07:002011-08-10T15:18:53.754-07:00

AUSTRALIAN stocks were higher at noon as the market held onto gains which began on late yesterday and were boosted by a late surge overnight on Wall Street. At 12.08pm (AEST), the benchmark S&P/ASX200 index was up 109.6 points, or 2.72 per cent, at 4144.4 points, while the broader All Ordinaries index had risen 116.3 points, or 2.84 per cent, to 4213 points. On the ASX 24, the September share

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