Crude oil slip boosts airline stocks
Wednesday, April 13th, 2011A slip in the crude oil price has helped the airline stocks in trade today. View full post on ABC News: Business
A slip in the crude oil price has helped the airline stocks in trade today. View full post on ABC News: Business
Japanese stocks slump despite $181b cash injection
Monday, March 14th, 2011Japanese shares have slumped, with nuclear stocks unsaleable, despite a record 15 trillion yen cash injection from the Bank of Japan. View full post on ABC News: Business
Cyclone fears drag insurance stocks down
Thursday, February 3rd, 2011Insurance stocks were hit hard today after the cyclone threatening North Queensland was upgraded to a category five. View full post on ABC News: Business
Business confidence strong
Sunday, January 23rd, 2011The monthly NAB business confidence survey rose four points to +19 in February, returning to its November high. The rise was largely due to improvements in trading conditions and profitability and the index is now back at its highest since May 2002. The downside is that capacity utilisation and investment spending ...
Stocks fall on flood driven contraction
Monday, January 17th, 2011The Australian share market reversed course in morning trade, losing 0.3 per cent by noon as investors digested the possible economic effects of floods in Queensland, Victoria and NSW.At 1200 AEDT, the benchmark S&P/ASX200 index was 16.3 points lower, by 0.34 per cent, at 4,785.2 points, while the broader All ...
Resources stocks recover gains on market
Wednesday, January 12th, 2011Strength in the major miners provided some relief to the share market today, even as worries about the impact of the Queensland floods remained. View full post on ABC News: Business
Australian stocks open higher
Wednesday, January 12th, 2011The Australian share market edged into positive territory in opening trade, supported by resources stocks and a modestly positive lead from Wall Street.By 1015 AEDT, the benchmark S&P/ASX200 index had firmed 4.1 points, or 0.09 per cent, at 4,714.8 points, while the broader All Ordinaries index climbed 5.4 points, or ...
Stocks lower amid flood uncertainty
Tuesday, January 11th, 2011The Australian sharemarket was lower at noon as investors sold stocks amid uncertainty about the impact of Queensland's flood crisis on the economy.At 1200 AEDT, the benchmark S&P/ASX200 index was down 12.4 points, or 0.26 per cent, at 4,699.9 points, while the broader All Ordinaries index had fallen 12.9 points, ...
Stocks lower at open
Monday, January 10th, 2011The Australian share market was weaker in opening trade, falling at least 0.29 per cent on a soft offshore lead.The benchmark S&P/ASX200 index fell 14.9 points, or 0.32 per cent, to 4,690.1 points, while the broader All Ordinaries index dropped 14.1 points, or 0.29 per cent, to 4,797.9 points. View full ...
Australian stocks fall ahead of US data
Saturday, January 8th, 2011Broad-based falls have left Australian shares nearly half a per cent lower at noon, with many investors sitting on the sidelines ahead of the release of key US jobs data.At 1200 AEDT the benchmark S&P/ASX200 index was down 22.4 points, or 0.47 per cent, at 4,702.6 points, while the broader ...