Market wrap - middayBY AAP | WEDNESDAY, 28 FEB 2007 12:29PMThe Australian stock market made a slight recovery by noon today after plunging more three per cent at the opening mirroring the global reaction to the massive sell-offs in China and the US. At 1212 AEDT, the benchmark S&P/ASX200 index had been stripped of 2.45 per cent of its value, or 148.1 points to 5845.7, while the all ordinaries had given up 2.5 per cent or 150.4 points to 5827.2. |
Editor's Choice
Super funds race to implement digital advice
Australian superannuation funds are increasingly turning to digital advice tools to bridge the longstanding gap between members needs and access to affordable financial guidance, according to executives at wealth technology Bravura Solutions.
Musk's $106bn fundamental-defying IPO lands on Nasdaq
SpaceX has raised US$75 billion ($106.8bn) in the biggest-ever stock market debut, valuing Elon Musk's rocket and satellite company at US$1.77 trillion.
Quinbrook appoints Australian lead
Energy transition infrastructure investor Quinbrook has appointed Tim Horneman as region leader for Australia, formalising his responsibility for the firm's local investment activities and business operations.
Former ASFA COO joins housing fund manager
The former chief operating officer of the Association of Superannuation Funds of Australia (ASFA) has joined C1 Capital Group as chief investment and operating officer.
Products
Featured Profile

Brian Redican
CHIEF ECONOMIST
NEW SOUTH WALES TREASURY CORPORATION
NEW SOUTH WALES TREASURY CORPORATION
What makes an economist an economist? TCorp chief economist Brian Redican reflects on over three decades of navigating Australia's economic cycles. Riddhima Talwani writes.






