MARKETS

Australian Stock Market Report – Midday 4-29-13

The local market is continuing on its strong run, with the All Ordinaries Index (XAO) up by 0.5 per cent. This follows on from the best weekly performance for Australian shares since December 2011.

The Truth On Gold

By Alexander Green, Investment U Chief Investment StrategistInvestors worldwide have watched gold take a precipitous plunge in recent weeks.

Why Are Central Banks Buying Stocks?

We end the week continuing on the 'bad news is good news' theme. Actually, it's a theme that's been in vogue for a while now, but it's really ramped up in the past week.

Paris – Let the City of Light Seduce Business

Paris... Can Paris be described in few words, one sentence, two sentences? The answer is no. Paris, the City of Light, has this undeniable magic that lures ordinary mortals. But the truth is that Paris is not only the city of love. Indeed, Paris is believed to be the better business destination. The City of Light is simply believed to be a place to do business.
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Woodside Now A Yield Play; BHP And Rio Next?

- Woodside hands out dividend presents- Brokers question implications for growth- Woodside will now out-yield the banks- Fresh pressure on BHP and Rio?By Greg PeelThere are two things we can claim to be certainties in the stock market of 2013.

Why We’re Delighted to See Gold Smacked Down

If you're in a card game and you look around the table... if you can't figure out who the fool is, he might be you. Then, you get nervous. You start rubbing your hands or scratching your forehead. The other players will see that you've lost your nerve.

Woodside and the Willy Wonka Market

While the Australian market ignored the slow implosion of its big neighbour to the north yesterday, it held a party for Woodside, who boosted its dividend payout ratio from 55% of earnings to 80%, and promised to hold it there for the next few years. The stock price jumped nearly 10%.

China’s Manufacturing PMI Embitters

China's manufacturing activity for April certainly embittered analysts and markets as the preliminary reading showed that the factory activity expanded at a slower pace than initially expected, adding to signs that the world's second economy was slowing down. There are still many various obstacles ahead of China which is trying to get back on the growth track.

Australian Stock Market Report – Afternoon 4-24-13

The Australian share market has closed 1.6 per cent higher as a lower than expected inflation report excited investor expectations of an interest rate cut in the near term. A majority of sectors registered strong gains. The Financial, Industrial, Health and Utilities sub-indices all gained more than 2%.

Australian Stock Market Report – Midday 4-24-13

Australian shares are 1.2 per cent higher at midday following a strong end to trade overnight and a weaker than forecast inflation reading. The All Ordinaries Index (XAO) is currently higher for the fourth straight day, making it the second longest winning streak of the year. The index is also above 5000.0 points.

The Case For Royal Wolf

- Market leading container position- Broker sentiment positive- Moelis sees further upside availableBy Andrew NelsonRoyal Wolf ((RWH)) is a stock that has begun to garner increasing attention since listing in 2011.

Uranium Drifts Lower

By Andrew NelsonThe low volume drop in uranium prices booked the week before last drew out some new buyers last week.

China Meltdown Or Chanos' Claptrap

By Peter Switzer, Switzer Super ReportMe old mate Craig James of CommSec says the answer to all questions is pretty well "China!" Our high dollar, our budget deficit, lower commodity prices, even the current lower share prices are all linked back to China.

Australian Stock Market Report – Afternoon 4-22-13

Monday saw a fairly constructive tone of trade to start a holiday shortened week. Weekend developments helped lift the spirit of investors. There was relief that the Italians had formed a Government at long last. Asian markets specifically were relieved that the G20 Communique presented no obstacles to the ambitions of the Bank of Japan in relation to its quantitative easing program.

Australian Stock Market Report – Midday 4-22-13

The Australian sharemarket is improving for the second consecutive session, with the All Ordinaries Index (XAO) up 0.2 per cent. Most major global markets ended higher on Friday night which is helping lift equities this morning. Local shares have just had their second worst week of 2013 however.

Australian Stock Market Report – Afternoon 4-19-13

The Australian share market made a modest gain today, in a week in which investor sentiment was impacted by a sharp sell-down in the gold price, worries about Chinese economic growth and a downgrade for global growth from the International Monetary Fund. The All Ordinaries Index (XAO) added 0.2% today, but was down 1.9% on the week.

Australian Stock Market Report –Midday 4-19-13

The Australian sharemarket is partly making up for the worst day in a month for local shares yesterday. At the close of business on Thursday, the mining sector was having its worst week since September 2011, with the miners down 9 per cent over just four sessions. The All Ordinaries Index (XAO) is up 0.2 per cent or 10.1 pts to 4,921.4.

March Retail Sales Suffer from Chilly Weather

Newest figures on UK retail sales are certainly unsatisfactory. The unprecedented chilly weather in March had a negative impact on retail sales as it significantly discouraged British customers to go shopping. Thus the ONS survey also added to disturbing signs about the UK economy.

Diageo 3Q Performance Boosted by US Market

Even giants such as Diageo Plc are vulnerable to hard economic conditions in crisis-hit Europe. The newest findings of the London-based drinks company showed, however, that weak demand in the EU was partially offset by a strong results recorded in the US market.

Dish Makes Surprising $25bn Offer for Troubled Sprint

Certainly, the Dish Network's rival bid for Sprint Nextel Corp. was a big surprise for SoftBank Corp. which thought that its offer was a safe bet. Everything indicates that we might see a steadily growing escalation of a competition between SoftBank Corp. and Dish Network Corp.

Australian Stock Market Report – Afternoon 4-18-13

An afternoon of accelerated selling on rising volumes saw local stocks end with a substantial loss. Investors remain concerned about the outlook for commodity prices in the face of rising supply and falling demand against a backdrop of a weakening global growth pulse. Bringing a sharper focus to these concerns in the last 24 hours has been the head of the German central bank who warned that the European recovery may take up to a decade. These themes drove the aggressive selling seen for mining s...

Australian Stock Market Report –Midday 4-18-13

Yesterday's brief reprieve for the Australian market was short-lived, with the All Ordinaries Index (XAO) down 0.7 per cent at lunch. This is the third session of falls this week, with the mining sector the major industry to blame.

M2 Telecommunications: For And Against

-CIMB doesn't like recent acquisitions-Macquarie isn't sure-Citi has some reservations-Moelis sees share price upsideBy Andrew NelsonM2 Telecommunications ((MTU)) looks like a real puzzler as far as analyst perception goes.

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