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Economics

Market wrap - morning

BY AAP | WEDNESDAY, 28 FEB 2007 9:12AM

The Australian share market is expected to open down on big drops overseas, particularly with the negative lead from the US. On the Sydney Futures Exchange at 0833 AEDT, the March share price index contract was down 170 points at 5828.

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Editor's Choice

Pengana takes WAM feud over PIA to Takeovers Panel

KARREN VERGARA | 12:19PM

Pengana Capital Group is again attempting to thwart the Wilson Asset Management-led board's share buyback and increased ownership in the Pengana International Equities LIC (PIA), hoping the Takeovers Panel will intervene.

ASFA welcomes Rest executive to C-suite role

MATTHEW WAI | 12:05PM

ASFA has named a new C-suite appointment, set to join on September 21 from Rest to strengthen its policy implementation initiative.

WT Financial takes majority stake in TNT Advisor

RIDDHIMA TALWANI | 11:56AM

WT Financial has acquired a 70% stake in paraplanning provider, TNT Advisor Solutions (TNT), for $2.4 million.

State Super announces new board appointment

VINNY VUCAGO | 12:02PM

State Super, the SAS Trustee Corporation, has named a new member of its board, saying the appointment will add to the trustee's governance structure.

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