The Australian share market closed lower for a second session today, as weakness from US markets and a fall in commodity prices impacted sentiment. Investors were also unwilling to take on too much risk ahead of the European Central Bank meeting later tonight.
Vittorio Hernandez
May 02, 2013
A worse than expected reading on the health of China's manufacturing sector coupled with sluggish US jobs growth are dragging Aussie equities lower at lunch.
Vittorio Hernandez
May 02, 2013
Often unknown and forgotten unsung heroes have repainted the picture of the world. We can find most unsung heroes in almost every field of human history, including business. Those most unheard heroes have changed it seeking neither applause nor reward, often staying in a shadow, giving room to others.
Jamelle Agbuis
May 02, 2013
By Jonathan BarrattAs we mentioned last week when you have a metal that is trading just above its cost of production there is bound to be some form of response.
Admin System
May 02, 2013
By George Leong, B.Comm.What's all of this fuss about earnings helping to drive up the stock market?The first-quarter earnings season has been OK, but not great.
Admin System
May 02, 2013
By Greg PeelThe Dow fell 138 points, or 0.9%, while the S&P fell 0.9% to 1582 and the Nasdaq lost 0.9%.
Admin System
May 02, 2013
The Aussie market failed to make it three straight days of gains, with a slightly worse than expected Chinese manufacturing report together with profit taking slamming the breaks on the improvements. The All Ordinaries Index (XAO) slipped by 0.5 per cent, wiping out close to half of yesterday's gains.
Vittorio Hernandez
May 01, 2013
Local shares are slipping for the first time this week despite firmer global markets overnight. A lower than expected reading for China's official manufacturing PMI has kept investors in a selling mood. The All Ordinaries Index (XAO) is down 0.3 per cent or 18 pts to 5,150.6.
Vittorio Hernandez
May 01, 2013
-Earnings growth unlikely in FY13-Austen quarry has key to price upside-Challenges for clinker production-Hostage to housing improvementBy Eva BrocklehurstQuarry, concrete product and cement producer Adelaide Brighton ((ABC)) used a tour of its Austen quarry, NSW, to let brokers know that the going ...
Admin System
May 01, 2013
Rio Tinto (ASX: RIO) opened on Tuesday its $2.2 billion diamond mine in Argyle, Kimberley, Western Australia with a tradition ceremony to ward off evil spirits.
Vittorio Hernandez
May 01, 2013
By Greg PeelThe Dow closed up 21 points, or 0.1%, while the S&P added 0.3% to 1597 and the Nasdaq jumped 0.
Admin System
May 01, 2013
The Australian sharemarket made it two straight days of gains, with the All Ordinaries Index (XAO) rising by 1.2 per cent. US markets hit fresh record highs thanks in part to improved corporate earnings, while the financials led local stocks higher in Australia today.
Vittorio Hernandez
Apr 30, 2013
Great start for the Aussie market with the ASX 200 index hitting a 52 week high in early trade after getting a real leg up from a strong rally in banking stocks. By lunch The All Ordinaries Index (XAO) stood at 5,145 points up 38points.
Vittorio Hernandez
Apr 30, 2013
Are you a rich or adventurous vagabond out to conquer the most delicious restaurant cuisines the world can offer? British magazine Restaurant has released its annual 50 best restaurants in the world, and for 2013, the top spot distinction has been given to Spain's El Celler de Can Roca.
Apr 30, 2013
By Andrew NelsonLast week on the uranium spot market might not have been busy, but at least it was positive.
Admin System
Apr 30, 2013
BHP Billiton informed that it finally got rid of the Pinto Valley copper mine and a railroad in Arizona. The lucky buyer of these assets is Canada's Capstone Mining Corp. which is to pay as much as $650 million to the global mining giant.
Jamelle Agbuis
Apr 30, 2013
J.P. Morgan Chase & Co. the financial behemoth, which employees 258,965 people and is considered the largest US Bank with operations across the globe, announced the departure of its Co-Chief Operating Officer Frank Bisignano on the 28th April 2013.
Jamelle Agbuis
Apr 30, 2013
As per the latest Ernst & Young (E&Y) Item Club report the "Bank Lending of loans," UK business is going to see an upward swing by the end of 2013. If it does transpire that banks increase loan lending to UK business, it will be for the first time since the 2008 financial crisis which catapulted the markets and economy in turmoil.
Jamelle Agbuis
Apr 30, 2013
By Greg PeelThe Dow closed up 106 points, or 0.7%, while the S&P gained 0.7% to 1593 and the Nasdaq added 0.
Admin System
Apr 30, 2013
It was a solid start to the trading week with financial stocks driving the gains. After rising by 3.2 per cent over the course of the shortened trading week last week, local stocks added 0.5 per cent today. The All Ordinaries Index (XAO) finished the day's trade at 5,108.3pts.
Vittorio Hernandez
Apr 29, 2013
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.
Vittorio Hernandez
Apr 29, 2013
By Alexander Green, Investment U Chief Investment StrategistInvestors worldwide have watched gold take a precipitous plunge in recent weeks.
Admin System
Apr 29, 2013
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.
Jamelle Agbuis
Apr 29, 2013
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.
Jamelle Agbuis
Apr 29, 2013
The ASX200 finished the holiday shortened week with a modest loss. Although the week will be remembered for the resurgent resource sector which helped the index gain in the range of 3.5%.
Vittorio Hernandez
Apr 26, 2013
The Australian market is improving for the fifth straight trading session, making it the second longest winning streak of the year. The All Ordinaries Index (XAO) is up 0.1 per cent or 5.00 pts to 5,089.2. As long as the market holds on to the gains, shares would have improved by more than 3.5 per cent this week.
Vittorio Hernandez
Apr 26, 2013
By Rudi Filapek-Vandyck, Editor FNArenaI joined Twitter. Not because I am curious what this celebrity has to say about her kids, or to read that another one is waiting for a connecting flight, impatiently.
Admin System
Apr 26, 2013
Melbourne is planning to join the ranks of cities with landmark skyscrapers as city officials disclosed the proposed 82-storey 404-metre office tower by the Stamoulis Group.
Vittorio Hernandez
Apr 26, 2013
By Greg PeelOn Wednesday night the Dow fell 43 points, or 0.3%, while the S&P was flat at 1578 and the Nasdaq was also flat.
Admin System
Apr 26, 2013
- 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.
Admin System
Apr 26, 2013
